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.
Sold for $185,000 on 12/06/24
$185,000
432-434 Pennsylvania Ave, Cumberland, MD 21502
7beds
--baths
3,034sqft
Triplex
Built in 1920
-- sqft lot
$197,600 Zestimate®
$61/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 10, 2024 at 06:52am
Listed by:
Claudia Flamenco 571-217-0880,
Realty ONE Group Capital
Bought with:
Seth LOAR, 660434
Coldwell Banker Premier
Source: Bright MLS,MLS#: MDAL2010340

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Basement
- Area: 1476
Heating
- Central, Forced Air, ENERGY STAR Qualified Equipment, Heat Pump, Natural Gas, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater, Electric Water Heater
Features
- Dry Wall, Plaster Walls
- Flooring: Laminate
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,510
- Total interior livable area: 3,034 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Pool features: None
Lot
- Size: 7,500 sqft
Details
- Additional structures: Above Grade
- Parcel number: 0104004493
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Combination, Vinyl Siding, Blown-In Insulation
- Roof: Architectural Shingle
Condition
- Good
- New construction: No
- Year built: 1920
- Major remodel year: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & neighborhood
Location
- Region: Cumberland
- Subdivision: None Available
- Municipality: CUMBERLAND
HOA & financial
Other financial information
- Total actual rent: 31200
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,FHA,VA Loan
- Ownership: Fee Simple