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$131,000
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Property Description
Contract fell through- Now is your chance ****Investors- dont miss this investment opprotunity- 2 very large 3-4 bedroom UNITS that are separate metered- builing is freshly painted and shows well. Unit A is a three bedroom one bath unit on bottom floor that leads to fenced yard and street side parking. Unit B is a 4 bedroom 2 full bath unit. located on 2nd and 3rd floor. 3rd floor is like an inlaw apartment with own kitchen and bath. Possible to convert unit B the 4 bedroom unit into 2 units with Modification per the county. Currently only bottom floor unit is vacant and can show anytime. unit 2 will need 24 hours notice as is a new tenant. Long term tenant in unit A recently moved out of state. Nice location , near shopping and in new development area of Cumberland. Exterior of building is all brick, and has a metal roof, fenced yard and convenient to shopping that is in walking distance. Owner just freshly painted the exterior of this large all brick building. other houses in immedate area are being renovated. Unit B rents 1050.00 per month and we are asking 875.00 for unit A that is about $1925.00 gross monthly rental income.
Full Property Details
Full Property Details for 201 Spring St
General
- Sold For: $131,000
- Taxes: $1,283 (2023)
- Status: Closed
- Type: Duplex
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2003568
- Added to Site: 914 day(s) ago
Interior
- Interior Features: 2nd Kitchen
- Appliances: Refrigerator, Stove
- Flooring: Laminated, Vinyl, Wood
Parking
- Parking Type: On Street
Location
- Area: S Cumberland - Allegany County (MDAL2)
- Municipality: Cumberland
- County: Allegany
- Cross Streets: Elm St
- Driving Directions: On the corner of Elm St and Spring St , White building with blue door
- Location Details: Corner Lot/Unit
- City Limits: Yes
School Information
- School District: Allegany County Public Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Space Heater
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Other
- Construction: Brick
- Roof: Metal
- Walls/Ceilings: Paneled Walls, Plaster Walls, Dry Wall
- Windows: Double Pane
- Stories/Levels: 3
- Square Feet: 2,668
- Sq. Ft. Source: Assessor
- Living Area: 2,668 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 2
- 3 Bedroom Units: 2
Lot Features
- Property View: Mountain, City
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,375
- Lot Size Source: Assessor
- Lot Features: Corner, Level
- Zoning: R
- Lot Description: Corner, Level
Financial Considerations
- Price Per Sq. Ft.: $50.97
- Assessment Year: 2023
- City/TownTax: $683
- City/TownTax Freq: Annually
- County Tax: $599
- County Tax Freq: Annually
- Tax w/Assessment: $65,800
- Tax Amount: $1,283
- Tax Year: 2023
- Terms: Standard Sale
- Owner Pays: Water
- Landlord Pays: Water
- Tax Total Finished Sq. Ft.: 2668
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: all appliances As-IS
- Lot Number: 57-58
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Schools
Schools serving 201 Spring St
School District:Allegany County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
120 E Mary St, Cumberland, MD 21502 | PK-5 | 1.5 mi | |
200 N Massachusetts Ave, Cumberland, MD 21502 | 6-8 | 0.8 mi | |
500 Greenway Ave, Cumberland, MD 21502 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 Spring St
Date
Details
Price
Change
Source
6/13/2023
Sold
$131,000
-3.68%
MLS
8/26/2022
Price Reduced
$136,000
-1.45%
MLS
7/01/2022
Listed
$138,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
201 Spring Street, Cumberland, MD 21502 (MLS# MDAL2003568) is a Duplex property that was sold at $131,000 on June 13, 2023. This property was listed by Denise DeLawder from our Carroll County Regional Office Office.Want to learn more about 201 Spring Street? Do you have questions about finding other Duplex real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.