Attention Investors! INCOME PRODUCING PROPERTY! Here is a great investment opportunity to add to your portfolio! This spacious triplex is fully rented and gross annual income is $31,500! Tenants pay their own electric. Owner pays the water. Property is registered and in compliance with both the city and state. Lead inspected and lead certs provided! Here's a breakdown of the property: Unit #1: 3 bedrooms/1 full bath, Unit #2: 4 bedrooms/1 full bath, Unit #3: 5 bedrooms/1 full bath. The 3rd floor apartment offers awe-inspiring city views! The property features a large front porch and a second-floor porch, although the latter is currently closed off. These spaces provide additional appeal to potential tenants. Recent upgrades include the installation of 66 new windows throughout the triplex, enhancing energy efficiency and aesthetics. Each unit has its own tankless hot water heater, contributing to tenant comfort and convenience. The electrical system has also been updated to meet modern standards. This property is conveniently located close to shopping centers, Interstate 68 (I-68), restaurants, and medical facilities. It offers both on-street parking and rear parking for one car, adding to tenant convenience. The interior of the property boasts impressive woodwork and spacious room sizes, making it stand out among other rental properties in the area. Stoves and refrigerators are included in each unit, making it easier for tenants to move in and get settled. This triplex represents an excellent investment opportunity with its fully rented units, recent upgrades, and prime location. NO SHOWINGS UNTIL UNDER CONTRACT AND/OR PENDING A HOME INSPECTION. Don't miss out on this opportunity! Seller will entertain a package deal with the following properties: ALMD2007678, ALMD2006876, ALMD2006828, MDAL2006544, MDAL2006636 (ALL ARE RENTED)
Sold for $195,000 on 03/04/24
$195,000
4 Browning St, Cumberland, MD 21502
9beds
2baths
4,533sqft
Triplex
Built in 1910
-- sqft lot
$214,700 Zestimate®
$43/sqft
$1,242 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 16, 2024 at 06:53am
Listed by:
Pam Terry 301-697-1442,
EXP Realty, LLC
Bought with:
John Van Daley, 667346
Real Broker, LLC
Source: Bright MLS,MLS#: MDAL2007408
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 2
Basement
- Area: 1795
Heating
- Radiator, Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Refrigerator, Cooktop, Electric Water Heater
Features
- Dry Wall, Plaster Walls, Paneled Walls
- Flooring: Carpet, Marble, Tile/Brick, Vinyl, Wood
- Number of fireplaces: 1
Interior area
- Total structure area: 6,328
- Total interior livable area: 4,533 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, On Street
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Pool features: None
- Has view: Yes
- View description: City, Mountain(s), Street
Lot
- Size: 4,000 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0104011252
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Stucco
- Foundation: Block, Concrete Perimeter
- Roof: Composition
Condition
- Good
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cumberland
- Municipality: Cumberland
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple