$715,000
$815,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
103 WASHINGTON ST Cumberland, MD 21502
10,704 SqFt
Key Details
Sold Price $715,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 10,704 sqft
Price per Sqft $66
MLS Listing ID MDAL2003680
Sold Date 03/28/23
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,176
Tax Year 2022
Lot Size 8,892 Sqft
Acres 0.2
Lot Dimensions 54x171
Property Description
Stunning 1880's Romanesque Apartment building, in the Heart of Cumberland's Historic District, converted from Duplex "Mansion" in the 50's. Family Owned for 90+ years! Always well maintained and managed with no expense spared. Offered for sale to liquidate a Family Trust. Very solid rental history with high occupancy for decades. 11 roomy apartments, 9 x1 bedroom 2 x 1Br + den, 3 level Owner Suite over 2,000 sq ft with 4 Brs 2 full baths - basement has additional full bath. FIRST YEAR PROJECTED INCOME OVER $100,000 GROSS. Up to date city inspections and lead certificates. Possession of Owner Suite negotiable to allow for relocation. ****BUYERS MUST BE PRE-QUALIFIED PRIOR TO SHOWING. ****48 HOURS MINIMUM NOTICE TO SEE OWNER SUITE AND 1-2 APARTMENTS, FULL INSPECTION ALLOWED WITH CONTRACT AND INSPECTION PERIOD.****
Location
State MD
County Allegany
Area W Cumberland - Allegany County (Mdal3)
Zoning R-O
Interior
Hot Water Natural Gas, 60+ Gallon Tank, Other
Heating Radiator, Zoned, Other, Hot Water
Cooling Window Unit(s)
Flooring Ceramic Tile, Hardwood, Solid Hardwood, Other
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Utilities Available Cable TV, Phone, Electric Available, Natural Gas Available
Waterfront N
Water Access N
View City, Mountain, Street, Other
Roof Type Slate,Other
Accessibility None
Parking Type Driveway, On Street, Private Garage
Total Parking Spaces 4
Garage N
Building
Lot Description Rear Yard, Road Frontage, Other, Front Yard, Corner
Foundation Stone, Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allegany County Public Schools
Others
Tax ID 0106042627
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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Bought with Doug Macy • Long & Foster Real Estate, Inc.
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