Cumberland, MD 21502,4 BROWNING ST
Cumberland, MD 21502,4 BROWNING ST
Cumberland, MD 21502,4 BROWNING ST
Cumberland, MD 21502,4 BROWNING ST
Cumberland, MD 21502,4 BROWNING ST
Cumberland, MD 21502,4 BROWNING ST
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$195,000

$199,900

2.5%
Est.Price: ?

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Est. payment /mo

4,533 SqFt


SOLD DATE : 03/04/2024

Key Details

Sold Price $195,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 4,533 sqft

Price per Sqft $43

MLS Listing ID MDAL2007408

Sold Date 03/04/24

Style Other

Abv Grd Liv Area 4,533

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $2,032

Tax Year 2023

Lot Size 4,000 Sqft

Acres 0.09

Property Description

Attention Investors! INCOME PRODUCING PROPERTY! Here is a great investment opportunity to add to your portfolio! This spacious triplex is fully rented and gross annual income is $31,500! Tenants pay their own electric. Owner pays the water. Property is registered and in compliance with both the city and state. Lead inspected and lead certs provided!
Here's a breakdown of the property: Unit #1: 3 bedrooms/1 full bath, Unit #2: 4 bedrooms/1 full bath,
Unit #3: 5 bedrooms/1 full bath. The 3rd floor apartment offers awe-inspiring city views!
The property features a large front porch and a second-floor porch, although the latter is currently closed off. These spaces provide additional appeal to potential tenants.
Recent upgrades include the installation of 66 new windows throughout the triplex, enhancing energy efficiency and aesthetics. Each unit has its own tankless hot water heater, contributing to tenant comfort and convenience. The electrical system has also been updated to meet modern standards.
This property is conveniently located close to shopping centers, Interstate 68 (I-68), restaurants, and medical facilities. It offers both on-street parking and rear parking for one car, adding to tenant convenience. The interior of the property boasts impressive woodwork and spacious room sizes, making it stand out among other rental properties in the area. Stoves and refrigerators are included in each unit, making it easier for tenants to move in and get settled.
This triplex represents an excellent investment opportunity with its fully rented units, recent upgrades, and prime location. NO SHOWINGS UNTIL UNDER CONTRACT AND/OR PENDING A HOME INSPECTION.
Don't miss out on this opportunity! Seller will entertain a package deal with the following properties:
ALMD2007678, ALMD2006876, ALMD2006828, MDAL2006544, MDAL2006636 (ALL ARE RENTED)

Location

State MD

County Allegany

Area S Cumberland - Allegany County (Mdal2)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Radiator

Cooling Ceiling Fan(s)

Flooring Carpet, Marble, Tile/Brick, Vinyl, Wood

Fireplaces Number 1

Equipment Refrigerator, Stove

Fireplace Y

Appliance Refrigerator, Stove

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

View City, Mountain, Street

Roof Type Composite

Accessibility None

Total Parking Spaces 1

Garage N

Building

Foundation Block, Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Plaster Walls,Paneled Walls

New Construction N

Schools

School District Allegany County Public Schools

Others

Tax ID 0104011252

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Pamela A Terry • EXP Realty, LLC
Bought with John Van Daley • Real Broker, LLC - McLean
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