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876 Maryland Avenue, Cumberland, MD 21502
$180,000
876 Maryland Avenue, Cumberland, MD 21502View this property at 876 Maryland Avenue, Cumberland, MD 21502
876 Maryland AvenueCumberlandMD21502
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Property Description
Introducing a lucrative investment opportunity situated on Maryland Avenue, this property features three units configured as a duplex. The first side boasts 4 bedrooms and 2 full baths and is leased at $1000 per month, offering a steady stream of income. On the other side of the duplex, you'll find two separate up-and-down units. One unit is 2 bedrooms and 1 bath and is rented for $650 per month, while the other unit is 1 bedroom and 1.5 baths and is rented for $600 monthly, contributing to a substantial annual gross income of $27,000 with a commendable rental history. Don't miss the chance to capitalize on this investment - schedule your showing today to seize this promising opportunity!
Full Property Details
Full Property Details for 876 Maryland Ave
General
- Price: $180,000
- Taxes: $566 (1996)
- Status: Active
- Type: Triplex
- MLS ID: MDAL2008604
- Updated: 4/10/2024
- Added to Site: 19 day(s) ago
Exterior
- Porch/Patio/Deck: Porch(es)
Parking
- Parking Type: On Street
Location
- Area: S Cumberland - Allegany County (MDAL2)
- Municipality: CUMBERLAND
- County: Allegany
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: Allegany County Public Schools
- High School: Fort Hill
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Partial, Unfinished
- Foundation: Block
- Roof: Slate
- Windows: Storm
- Doors: Storm
- Stories/Levels: 0
- Square Feet: 2,604
- Sq. Ft. Source: Estimated
- Living Area: 2,604 Sq. Ft.
- Year Built: 1925
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Property View: City
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,750
- Lot Size Source: Estimated
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $69.12
- Assessment Year: 1996
- City/TownTax: $291
- City/TownTax Freq: Annually
- County Tax: $275
- County Tax Freq: Annually
- Tax w/Assessment: $27,820
- Tax Amount: $566
- Tax Year: 1996
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Ownership: Fee Simple
- Section: D
- Lot Number: 8
Listed by Gates Realty, Jared P Fradiska
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Schools
Schools serving 876 Maryland Ave
School District:Allegany County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
120 E Mary St, Cumberland, MD 21502 | PK-5 | 1.2 mi | |
200 N Massachusetts Ave, Cumberland, MD 21502 | 6-8 | 0.8 mi | |
500 Greenway Ave, Cumberland, MD 21502 | 9-12 | 0.6 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 876 Maryland Ave
Date
Details
Price
Change
Source
4/10/2024
Listed
$180,000
1400%
MLS
12/18/2014
Sold
$12,000
—
Public Record
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 876 Maryland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$237
7%
$25,500
4%
2020
$222
—
$24,433
2%
2021
$222
—
$23,900
—
2020
$223
-2%
$23,867
—
2019
$227
1%
$23,833
—
2018
$225
—
$23,800
—
2017
$226
—
$23,800
—
2016
$227
-41%
$23,800
-40%
2015
$383
1%
$40,000
—
2014
$378
—
$40,000
—
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 876 Maryland Ave
876 Maryland Avenue, Cumberland, MD 21502 (MLS# MDAL2008604) is a Triplex property with 0 bedrooms and 0 full bathrooms. 876 Maryland Avenue is currently listed for $180,000 and was received on April 10, 2024. Want to learn more about 876 Maryland Avenue? Do you have questions about finding other Triplex real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.