432 434 Pennsylvania Avenue
Cumberland, MD 21502
- – beds
- – baths
- 3,034 sqft
- 7,500 sqft lot
- $60 per sqft
- 1920 build
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Attn investors- opportunity is knocking. Motivated seller is offering up this sought after 3 unit building with an excellent return. The property was fully renovated in 2020-2021 ($155k Reno) including separate HVAC units and laundry in each unit. New roof, vinyl plank flooring throughout, tiled bath/showers. New kitchens and Appliances The building is laid out as a 3 bed 1 bath unit (rented at $1000) and two stacked 2 bed 1 bath units. ($800 each; one rented, one currently vacant) all HUD approved. Property manager in place. Turnkey investment offering 16% ROI. Building is located on a nice street walking distance from food/retail/gym.
Listing courtesy of BRIGHT / Realty ONE Group Capital
Last checked:
Checking…
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Last updated Dec 10, 2024
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MLS# MDAL2010340 —
The Building
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Year Built:1920
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Year Built Source:Estimated
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Year Major Reno/Remodel:2021
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Roof:Architectural Shingle
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New Construction:No
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Construction Materials:Combination, Vinyl Siding, Blown-In Insulation
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Building Levels:2
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Building Units Total:3
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Structure Type:Other
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Architectural Style:Other
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Accessibility Features:Other
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Estimated
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Total Below Grade SqFt:1476
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Total Below Grade SqFt Source:Estimated
Interior
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Flooring Type:Laminate Plank
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Fireplace:No
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Wall & Ceilings:Dry Wall, Plaster Walls
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:4510
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Living Area SqFt:3,034 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash, FHA, VA
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Buyer Financing:Conventional
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Possession:Settlement
Location
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Directions:From I-64 take Industrial Blvd. Left on Pennsylvania Ave. Building is on the right.
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Cross Street:W Industrial Blvd
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Latitude:39.63259000
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Longitude:-78.75927000
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.17
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Lot Size Source:Estimated
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Lot SqFt:7,500 Sqft
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Zoning:RESIDENTIAL
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In City Limits:Yes
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Other Structures:Above Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (571) 217-0880
- Office phone:
- (703) 214-5100
Taxes
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Tax ID Number:0104004493
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Tax Year:2025
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Tax Lot:193
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Tax Annual Amount:$2,123.41
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Tax Assessed Value:$106,367
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Year Assessed:2025
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County Tax:996.45
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City/Town Tax:1126.96
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central, Forced Air, Energy Star Heating System, Heat Pump(s)
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Heating Fuel:Natural Gas, Electric
Utilities
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Utilities:Electric Available, Natural Gas Available
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Sewer/Septic:Public Sewer
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Hot Water:60+ Gallon Tank, Multi-tank, Electric
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Water Source:Public
Schools
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High School:FORT HILL
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School District Name:Allegany County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Units Furnished:None
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Two Bedroom Units:2
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/6/24
Dec 6, 2024
|
Sold | BRIGHT | $185,000 | -2.1% |
11/5/24
Nov 5, 2024
|
Sold Subject To Contingencies | BRIGHT | $189,000 | |
10/25/24
Oct 25, 2024
|
Listed / Active | BRIGHT | $189,000 |