TRIPLEX INVESTMENT OPPORTUNITY. This multi-family property includes (3) 2 bedroom / 1 bathroom rental units. The property needs work to get the units ready for renting and examples of the renovations needed our paint, some drywall work in one of the units, kitchen and bath remodeling/refreshes, roof repair, and various other items depending on the buyers strategy.
The property also has an enclosed structure in the back that could be updated with storage units for additional income opportunity.
Gas and electric is split out and paid by tenants. City water is shared and paid by the landlord.
Really great income opportunity for a investor and an up and coming area of Cumberland Maryland that is now catching the attention of many investors looking for ROI that you cannot find anywhere else.
For sale by owner
$70,000
422 Grand Ave, Cumberland, MD 21502
6beds
2,308sqft
Est.:
MultiFamily
Built in 1905
-- sqft lot
$-- Zestimate®
$30/sqft
$-- HOA
Overview
- 37 days
- on Zillow |
- 4,160 |
- 267 |
Listed by:
(443) 465-2572
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Radiant, Electric, Gas
Cooling
- Other
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,308 sqft
Property
Parking
- Parking features: Off-street, Garage
Accessibility
- Accessibility features: Other
Features
- Exterior features: Other
Lot
- Size: 3,998 Square Feet
Details
- Parcel number: 04047419
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Frame
- Roof: Metal
Condition
- New construction: No
- Year built: 1905
Community & HOA
Location
- Region: Cumberland
- Municipality: Cumberland
Financial & listing details
- Price per square foot: $30/sqft
- Tax assessed value: $50,000
- Annual tax amount: $998
- Date on market: 3/19/2025
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