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Key Details
Sold Price $185,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,034 sqft
Price per Sqft $60
Subdivision None Available
MLS Listing ID MDAL2010340
Sold Date 12/06/24
Style Other
Abv Grd Liv Area 3,034
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,123
Tax Year 2025
Lot Size 7,500 Sqft
Acres 0.17
Property Description
Attn investors- opportunity is knocking. Motivated seller is offering up this sought after 3 unit building with an excellent return. The property was fully renovated in 2020-2021 ($155k Reno) including separate HVAC units and laundry in each unit. New roof, vinyl plank flooring throughout, tiled bath/showers. New kitchens and Appliances The building is laid out as a 3 bed 1 bath unit (rented at $1000) and two stacked 2 bed 1 bath units. ($800 each; one rented, one currently vacant) all HUD approved. Property manager in place. Turnkey investment offering 16% ROI. Building is located on a nice street walking distance from food/retail/gym.
Location
State MD
County Allegany
Area N Cumberland - Allegany County (Mdal1)
Zoning RESIDENTIAL
Rooms
Basement Full
Interior
Hot Water 60+ Gallon Tank, Multi-tank, Electric
Heating Central, Forced Air, Energy Star Heating System, Heat Pump(s)
Cooling Central A/C
Flooring Laminate Plank
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Electric Available, Natural Gas Available
Water Access N
Roof Type Architectural Shingle
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
High Schools Fort Hill
School District Allegany County Public Schools
Others
Tax ID 0104004493
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash, FHA, VA
Listing Terms Conventional, Cash, FHA, VA
Financing Conventional,Cash,FHA,VA
Special Listing Condition Standard
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Bought with SETH LOAR • Coldwell Banker Premier