Cumberland, MD 21502,324-330 FAYETTE ST
Cumberland, MD 21502,324-330 FAYETTE ST
Cumberland, MD 21502,324-330 FAYETTE ST
26
$375,000
$420,000
10.7%
Est.Price: ?

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9,768 SqFt

324-330 FAYETTE ST Cumberland, MD 21502

Est. payment /mo
SOLD DATE : 07/21/2023

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Key Details

Sold Price $375,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 9,768 sqft

Price per Sqft $38

Subdivision West Side

MLS Listing ID MDAL2005880

Sold Date 07/21/23

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $4,240

Tax Year 2023

Lot Size 5,000 Sqft

Acres 0.11

Property Description

10-unit apartment building in Historic Downtown Cumberland. This income producing property features two 3-bedroom units, two 2-bedroom units and six 1-bedroom units. 8 of these units are currently occupied with tenants paying all utilities. Pictures show a sample of the quality throughout each unit with oak cabinets, updated bathrooms, appliances throughout, individual forced air units and replacement windows. All units have a small balcony for some outdoor space. Plenty of street parking and easy access to I-68. The roof is just about ready to say goodbye. Though we are sad to see it go, seller is willing to contribute $20,000 towards a new one with an agreeable offer. Basement could also be finished with a laundry area for additional income!

Location

State MD

County Allegany

Area W Cumberland - Allegany County (Mdal3)

Zoning R-L

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Flooring Carpet, Laminated, Partially Carpeted, Vinyl

Heat Source Electric

Exterior

Water Access N

View City

Accessibility None

Road Frontage City/County

Garage N

Building

Lot Description Level

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools West Side

Middle Schools Braddock

High Schools Allegany

School District Allegany County Public Schools

Others

Tax ID 0106028268

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Allison R Candelas • Charis Realty Group
Bought with Lucas J Wishmyer • Burch Real Estate Group, LLC

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Bradley Perez

Agent | License ID: 1972347

+1(609) 383-5668

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