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650 N Mechanic Street, Cumberland, MD 21502
$375,000
650 N Mechanic Street, Cumberland, MD 21502View this property at 650 N Mechanic Street, Cumberland, MD 21502
650 N Mechanic StreetCumberlandMD21502
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Property Description
Must have proof of funds or pre-approval, serious buyers only. Tenants require 48 hrs notice prior to showing. Attention Investors!! HUGE PRICE REDUCTION!!! This Commercial / Residential property is full of possibilities!! Close to the Narrows, this property backs onto the Canal waterway. #650, #700, #702, #704, #706, #708, #710 and #712 Mechanic St are all part of this unique property. Updated offices, conference room and plenty of storage and restrooms. Multiple retail spaces and 7 apartments with 5 units currently rented. Large open recreation room above a huge garage with an oversize garage door and opener. This sale includes the following tax ID #'s 05015138, 050155146, 05015197, 050252273 and 05002494
Full Property Details
Full Property Details for 650 N Mechanic St
General
- Price: $375,000
- Taxes: $1,178 (2023)
- Status: Active
- Type: Retail
- MLS ID: MDAL2007108
- Updated: 3/21/2024
- Added to Site: 219 day(s) ago
Business
- Business Type: Apartment Building, Other/General Retail
Parking
- Total Spaces: 1
- Parking Type: On Street, Private Garage
Location
- Area: N Cumberland - Allegany County (MDAL1)
- Municipality: Cumberland
- County: Allegany
- Driving Directions: Exit #43B off 68. Centre St (one way St) to Franklin St turn left to Property
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Window Unit(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water, Forced Air
- Heating Fuel: Natural Gas, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block
- Drive-In Doors: 1
- Stories/Levels: 0
- Year Built: 1955
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,646
- Lot Size Source: Assessor
- Zoning: R-O
Financial Considerations
- Price Per Sq. Ft.: $224.55
- Assessment Year: 2023
- City/TownTax: $627
- City/TownTax Freq: Annually
- County Tax: $551
- County Tax Freq: Annually
- Tax w/Assessment: $59,200
- Tax Amount: $1,178
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
Listed by Charis Realty Group, Dan W DeBlock
Get Pre-Approved Today
Schools
Schools serving 650 N Mechanic St
School District:Allegany County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
10601 Cash Valley Rd Nw, Cumberland, MD 21502 | PK-5 | 2.3 mi | |
909 Holland St, Cumberland, MD 21502 | 6-8 | 0.5 mi | |
900 Seton Dr, Cumberland, MD 21502 | 9-12 | 0.2 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 650 N Mechanic St
Date
Details
Price
Change
Source
3/21/2024
Price Reduced
$375,000
-9.09%
MLS
12/29/2023
Price Reduced
$412,500
-3.51%
MLS
11/08/2023
Price Reduced
$427,500
-1.72%
MLS
9/21/2023
Listed
$435,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 650 N Mechanic St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$551
12%
$59,200
7%
2020
$494
—
$55,200
4%
2021
$494
3%
$53,200
4%
2020
$478
2%
$51,167
4%
2019
$467
5%
$49,133
4%
2018
$445
8%
$47,100
8%
2017
$412
9%
$43,433
9%
2016
$379
10%
$39,767
10%
2015
$345
1%
$36,100
—
2014
$342
—
$36,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 650 N Mechanic St
650 N Mechanic Street, Cumberland, MD 21502 (MLS# MDAL2007108) is a Retail property. 650 N Mechanic Street is currently listed for $375,000 and was received on September 21, 2023. Want to learn more about 650 N Mechanic Street? 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.