Excellent income-producing investment opportunity in the heart of Cambridge! This fully leased duplex is being sold as-is and features two spacious 2-bedroom, 1-bath apartments, plus a detached garage that is separately leased for $300/mo. as storage. Unit A currently rents for $1,400/mo., Unit B rents for $1,250/mo. and the garage provides additional rental income, creating three separate income streams from day one.
Situated on a corner lot just blocks from downtown Cambridge, this Colonial offers character with practical functionality. Each apartment features spacious living areas, hardwood floors, generous kitchens, abundant natural light, and period details including decorative columns, built-in cabinetry, and a brick fireplace. A large screened wraparound porch, shared laundry, basement storage, and off-street parking add to the property's appeal and convenience.
Conveniently located near the Choptank River waterfront, parks, restaurants, shopping, and Route 50, this property has a strong rental history and is well-positioned for continued demand. Whether you're looking to expand your investment portfolio or acquire a property with immediate cash flow and long-term upside, this is an opportunity you won't want to miss.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$325,000
Days On Site
79 Days
Bedrooms
4
Inside Area (SqFt)
2,514 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2 Acres
Year Built
1930
MLS® Number
MDDO2012582
Status
Active
Property Tax
$5,532
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
3 months ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen on site
General Features
Acres
0.2
Cross Street
Dorchester Avenue
Parking
Off StreetDriveway
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2514
SqFt Total
3294
Style
Colonial
Utilities
Water AvailableSewer AvailableElectricity Available
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.