This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$245,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
🏢 Outstanding Investment Opportunity: 11-Unit Mixed-Use Commercial/Multifamily Property Seeking a rewarding investment venture? Your search ends here! We're excited to offer a remarkable opportunity to acquire an 11-unit mixed-use commercial/multifamily property. This property boasts a variety of unit types, including both commercial spaces and multifamily units, making it highly attractive to a diverse range of tenants and enhancing its overall investment appeal. Property Breakdown: - (4) 2-bedroom units - (2) 1-bedroom units - (2) Studio apartments - (2) Commercial spaces (one recently remodeled, the other awaiting transformation) Each unit has undergone recent updates, including new flooring, cabinets, lighting, and fresh paint, ensuring a modern and appealing living space. This investment is perfect for discerning investors aiming to expand their portfolio and maximize returns. Don't miss out on this chance to invest in a property with both style and substance.
Full Property Details
Full Property Details for 215 Virginia Ave
General
- Sold For: $245,000
- Taxes: $4,736 (2023)
- Status: Closed
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2006552
- Added to Site: 979 day(s) ago
Business
- Business Type: Apartment Building, Other, Other/General Retail
Parking
- Total Spaces: 10
- Parking Features: Surface, Private, Unassigned
- Parking Type: On Street
Location
- Area: NE Allegany - Allegany County (MDAL10)
- Municipality: CUMBERLAND
- County: Allegany
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: 215-217 Virginia Avenue
- Location Details: Business District
- 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: Brick
- Stories/Levels: 0
- Year Built: 1910
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,672
- Lot Size Source: Assessor
- Zoning: B-L
Financial Considerations
- Price Per Sq. Ft.: $39.07
- Assessment Year: 2023
- City/TownTax: $2,521
- City/TownTax Freq: Annually
- County Tax: $2,214
- County Tax Freq: Annually
- Tax w/Assessment: $238,000
- Tax Amount: $4,736
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
Listed and Sold by RG Realty, Inc., Roberto G. Gonzalez
Get Pre-Approved Today
Schools
Schools serving 215 Virginia Ave
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
South Penn Elementary School 500 East 2nd Street, Cumberland, MD 21502 | PK-5 | 0.3 mi |
Washington Middle School 200 Massachusetts Avenue, Cumberland, MD 21502 | 6-8 | 0.9 mi |
Fort Hill High School 500 Greenway Avenue, Cumberland, MD 21502 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 215 Virginia Ave
Date
Details
Price
Change
Source
3/27/2024
Sold
$245,000
-15.52%
MLS
7/09/2023
Listed
$290,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
215 Virginia Avenue, Cumberland, MD 21502 (MLS# MDAL2006552) is a Retail property that was sold at $245,000 on March 27, 2024. Want to learn more about 215 Virginia Avenue? Do you have questions about finding other Retail real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.

