313 SPRINGDALE STREET, Cumberland, MD 21502

Building Details

Year Built

1913

Listing office EXP Realty, LLC p***@gmail.com Show Phone

Listing date Dec 31, 2023

Source Exitrealty

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Overview

This mixed-use property offers over 4100 finished square feet and is currently fully rented, presenting a business opportunity. The property previously operated as a laundry mat on the main level. There is a large parking lot with space for 5+ vehicles located in the rear of the building. The upper level contains two apartments, identified as Apt. A and Apt. B, each renting for $750 per month. Tenants are responsible for electric utilities. The apartments are heated with electric baseboard heating, and the building also has gas heat and central air conditioning. Solar panels are owned by the seller and will transfer with the sale of the property. The property includes a large basement that provides ample storage space. The main level is currently rented as storage space, generating income.

Suggested Use

Law Firm Real Estate Agency Barber Shop Kitchen & Bath Showroom Computer & Electronic Repair Nursing Home Skin Care Clinic Accounting Firm Nursing Home Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Cumberland

County

Allegany

State

Maryland

Longitude

-78.7648

Latitude

39.6352

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property with rental income and business opportunity.

Where is this mixed-use property located?

The property is located at 313 SPRINGDALE STREET Cumberland, MD.

What is the asking price?

The asking price for this property is $220,000.

What are key features of this property?

This property features: Fully rented units providing immediate income.; Solar panels included, reducing energy costs.; Large parking lot with 5+ spaces.