Investor alert–This well-maintained triplex presents an outstanding opportunity for investors seeking immediate cash flow with future upside. The property features two spacious 2-bedroom units and one well-appointed 1-bedroom unit, plus a potential 4th unit or additional storage space for added flexibility and long-term value. Recent improvements include a new metal roof, three brand-new gas furnaces, and ductwork already installed for future mini-split systems. All appliances convey, making for a smooth, hassle-free transition for the next owner. Unit A has renovations scheduled, B is currently rented for $950/month, C is rented for $725 and each unit is separately metered for gas and electric to help minimize owner expenses. Tenants pay their own gas and electric, while the owner covers water, sewer, and trash. Conveniently located near downtown Cumberland, shopping, restaurants, and medical facilities,
Seller will consider a package deal with additional available properties: MDAL2012462 and MDAL2012546. Call today to schedule your private tour and explore the potential of this income-producing investment opportunity!
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Listing Snapshot
Price
$175,000
Days On Site
136 Days
Bedrooms
5
Inside Area (SqFt)
3,520 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.08 Acres
Year Built
1890
MLS® Number
MDAL2014754
Status
Active
Property Tax
$1,533
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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Recent Activity
4 months ago
Listing first seen on site
4 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.08
Parking
On Street
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3520
SqFt Total
5280
Style
Colonial
Water Source
Public
Zoning
RESIDENTIAL
Interior Features
Appliances
Electric RangeElectric OvenElectric Water HeaterRefrigeratorWasherDryer
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.