116 VIRGINIA AVE Active Save Request In-Person Tour Request Virtual Tour
Cumberland,MD 21502
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDAL2010938
Year Built 1936
Annual Tax Amount $1,256
Tax Year 2024
Lot Size 1,440 Sqft
Acres 0.03
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
IMPROVED PRICE! THIS IS A GREAT INVESTMENT!!!
Own this profitable laundromat with a long-term tenant occupying the upstairs apartment. The property features separately metered electric, with the owner covering approximately $250/month for gas, $200/month for water, and $200/month for electric. The seller nets approximately $1,200 to $1,300 per month.
The apartment tenant pays $650/month plus electric and enjoys gas forced air heating. This solid brick building is conveniently located close to all amenities. Don't miss this fantastic income-generating property! Large parking lot! Call today to schedule a tour! Upstairs apartment does require a 24 hr. notice.
Location
State MD
County Allegany
Area S Cumberland - Allegany County (Mdal2)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Flooring Carpet,Tile/Brick,Vinyl
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
View City,Mountain,Street
Roof Type Rubber
Accessibility None
Total Parking Spaces 6
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allegany County Public Schools
Others
Tax ID 0104002911
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard