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212 Decatur Street, Cumberland, MD 21502
$350,000
212 Decatur Street, Cumberland, MD 21502View this property at 212 Decatur Street, Cumberland, MD 21502
212 Decatur StreetCumberlandMD21502
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Property Description
Exceptional Investment Opportunity: 11-Unit Apartment Building with Additional Portfolio Options Presenting an incredible investment opportunity, we have an 11-unit apartment building that offers tremendous potential for savvy investors. The building consists of 8 spacious two-bedroom, one-bath units, along with three comfortable one-bedroom, one-bath units. The diverse unit mix caters to a broad range of tenants, ensuring steady rental income. Convenience and tenant satisfaction are priorities, as the property boasts on-site laundry facilities located at the rear. This amenity adds value and convenience for residents, enhancing the overall appeal of the building. What sets this opportunity apart is the chance to acquire not only this 11-unit building but also an additional portfolio of properties. Included in the portfolio is another 11-unit building located at 215 Virginia Ave, along with a single-family home located at 7-9 N Waverly St . This combined offering totals an impressive 23 units in three properties. Remarkably, this substantial portfolio is available at an attractive price of just $765,000! Don't miss out on the chance to acquire such a sizable portfolio at a discounted rate, securing multiple income-generating properties in one strategic investment. Take advantage of this exceptional opportunity to expand your investment portfolio and capitalize on the potential for long-term growth and profitability. For more information or to schedule a viewing. Opportunities like these are rare, so act swiftly to secure this remarkable investment package.
Full Property Details
Full Property Details for 212 Decatur St
General
- Sold For: $350,000
- Taxes: $5,121 (2023)
- Status: Closed
- Type: Apartment
- MLS ID: MDAL2006550
- Added to Site: 300 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street
Location
- Area: NE Allegany - Allegany County (MDAL10)
- Municipality: CUMBERLAND
- County: Allegany
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: From Frederick Street, right on to Decatur
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,905
- Lot Size Source: Estimated
- Zoning: R-O
Financial Considerations
- Price Per Sq. Ft.: $48.05
- Assessment Year: 2023
- City/TownTax: $2,729
- City/TownTax Freq: Annually
- County Tax: $2,391
- County Tax Freq: Annually
- Tax w/Assessment: $260,600
- Tax Amount: $5,121
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
Listed and Sold by RG Realty, Inc., Roberto G. Gonzalez
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Schools
Schools serving 212 Decatur St
School District:Allegany County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
425 Paca St, Cumberland, MD 21502 | PK-5 | 0.8 mi | |
909 Holland St, Cumberland, MD 21502 | 6-8 | 1 mi | |
900 Seton Dr, Cumberland, MD 21502 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 212 Decatur St
Date
Details
Price
Change
Source
10/31/2023
Sold
$350,000
-2.78%
MLS
7/09/2023
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
212 Decatur Street, Cumberland, MD 21502 (MLS# MDAL2006550) is a Apartment property that was sold at $350,000 on October 31, 2023. Want to learn more about 212 Decatur Street? Do you have questions about finding other Apartment real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.