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Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,043 sqft
Price per Sqft $77
MLS Listing ID MDAL2008442
Sold Date 12/27/24
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $5,119
Tax Year 2024
Lot Size 0.312 Acres
Acres 0.31
Property Description
Waterfront Commercial Investment Opportunity on (2) parcels in Downtown Cumberland fronting Wills Creek. Two (2) Buildings with Total of (7) Units, (5) apartments and (2) Office spaces 100% occupied w/ $7,000 monthly income. Plus (17) paved & striped parking spaces. Both buildings in Good Condition with good roof systems. Adjoins town park and is currently managed by Aspired Property Management.
Location
State MD
County Allegany
Area W Cumberland - Allegany County (Mdal3)
Zoning C
Interior
Hot Water Electric, Multi-tank
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 17.0
Water Access N
View River, City, Courtyard
Roof Type Flat
Accessibility Level Entry - Main
Total Parking Spaces 17
Garage N
Building
Lot Description Additional Lot(s), Adjoins - Public Land, Backs - Parkland
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allegany County Public Schools
Others
Tax ID 0106037887
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Kathy L Gibson • Railey Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "