11023 Old Mount Savage Road NW, Lavale, MD 21502 - Photo 1

1/1

$160,000

Sold
Closed
Single Family
3,154 Sq. Ft.

1/1

Property Description

Calling all investors! This fully leased 5-unit property is a rare find at under $200K-featuring four spacious 2-bedroom, 1-bath units in the main building plus a charming 2-bedroom carriage house in the rear. With strong, steady rental income and mostly long-term tenants on flexible month-to-month leases, this property is already working for you. Each unit offers its own kitchen, comfortable living space, and classic charm with plenty of potential to increase rents and maximize value. Recent upgrades include a brand-new roof on the main building (August 2024) and a newer roof on the carriage house (May 2021). Whether you're looking to expand your portfolio or dive into multi-family investing, this is a prime opportunity with built-in upside. Don't miss out!

Full Property Details

Full Property Details for 11023 Old Mt Savage Rd NW

General

Sold For: $160,000
Taxes: $1,881 (2024)
Status: Closed
Type: Single Family
Source: BrightMLSMidAtlantic
MLS ID: MDAL2011778
Added to Site: 273 day(s) ago

Rental Information

Lease Info: Long Term, Month to Month

Interior

Interior Features: Bathroom - Tub Shower, Carpet, Dining Area, Kitchen - Eat-In, Kitchen - Table Space, Family Room Off Kitchen
Flooring: Carpet, Ceramic Tile, Vinyl, Laminate Plank

Exterior

Exterior Features: Bump-outs, Exterior Lighting
Porch/Patio/Deck: Porch(es)

Parking

Parking Features: Paved Driveway, Paved Parking, Private
Parking Type: Off Street

Location

Area: LaVale - Allegany County (MDAL4)
County: ALLEGANY
Driving Directions: From Cumberland Route 36 past Timbrook GMC - Right onto Rt. 40/National Hwy SW - Right on Old Mount Savage Rd. to #11023 house on Left

School Information

School District: Allegany County Public Schools
Elementary School: Cash Valley
Middle School: Braddock
High School: Allegany

Heating & Cooling

Cooling Type: Ceiling Fan(s), Window Unit(s)
Cooling Fuel: Electric
Heating Type: Baseboard - Electric
Heating Fuel: Electric, Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Farmhouse/National Folk
Structure Type: Detached
Construction: Aluminum Siding
Basement: Yes
Basement Desc.: Connecting Stairway
Foundation: Permanent
Roof: Architectural Shingle
Square Feet: 3,154
Sq. Ft. Source: Assessor
Living Area: 2,535 Sq. Ft.
Finished Above Grnd: 2,535 Sq. Ft.
Year Built: 1920
Year Built Source: Assessor

Unit Information

Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Additional Structures

Other Structures: Carriage House

Lot Features

Property View: Garden/Lawn, Mountain, Trees/Woods
Lot Size (Acres): 0.41
Lot Size (Sq. Ft.): 17,925
Lot Size Source: Assessor
Zoning: R
Lot Description: Front Yard, Landscaping, SideYard(s), Rear Yard

Financial Considerations

Price Per Sq. Ft.: $69.81
Assessment Year: 2025
County Tax: $1,881
County Tax Freq: Annually
Tax w/Assessment: $173,067
Tax Amount: $1,881
Tax Year: 2024
Terms: Standard Sale
Owner Pays: Common Area Maintenance, Trash Collection, Water
Tax Total Finished Sq. Ft.: 2535

Disclosures and Reports

Ownership: Fee Simple

Listed by Keller Williams Realty, Jennifer D Young
Sold by Non Subscribing Office, NON MEMBER

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Listing agent

— 11023 Old Mt Savage Rd NW —

Jennifer D Young

Keller Williams Realty

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Schools

Schools serving 11023 Old Mt Savage Rd NW

School District:Allegany County Public Schools

Name	Grades	Distance
Cash Valley Elementary School 10601 Cash Valley Rd Nw, La Vale, MD 21502	PK-5	1.1 mi
Braddock Middle School 909 Holland Street, Cumberland, MD 21502	6-8	1.2 mi
Allegany High School 900 Seton Drive, Cumberland, MD 21502	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11023 Old Mt Savage Rd NW

Date

Details

Price

Change

Source

1/06/2026

Sold

$160,000

-9.59%

MLS

8/07/2025

Price Reduced

$176,970

-3%

MLS

7/28/2025

Price Reduced

$182,443

-3%

MLS

6/13/2025

Price Reduced

$188,085

-5.91%

MLS

5/23/2025

Listed

$199,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Bath
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Beds
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11023 Old Mount Savage Road NW, Lavale, MD 21502 (MLS# MDAL2011778) is a Single Family property that was sold at $160,000 on January 06, 2026. Want to learn more about 11023 Old Mount Savage Road NW? Do you have questions about finding other Single Family real estate for sale in Lavale? You can browse all Lavale real estate or contact a Coldwell Banker agent to request more information.

11023 Old Mt Savage Rd NW Lavale, MD 21502