Waterfront
Address
36 Greene Street, Cumberland, MD
Price
$ 750,000
Property Attributes
- MLS#MDAL2008442
- TypeCommercial
- CountyALLEGANY
- CityCumberland
- AreaW Cumberland - Allegany County
- Zip21502
- StyleApartment Building,Institutional,Parking Lot,Medic
- Year Built1890
- Taxes$ 4795
- Price$ 750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8600
- Lot Size0.31 Acres
Data Source:
Bright MLS
Property Description
Waterfront Commercial Investment Opportunity on (2) parcels in Downtown Cumberland fronting Wills Creek. Two (2) Buildings with Total of (7) Units, (5) apartments and (2) Office spaces 100% occupied w/ $7,000 monthly income. Plus (17) paved & striped parking spaces. Both buildings in Good Condition with good roof systems. Adjoins town park and is currently managed by Aspired Property Management.
| Price History | |
|---|---|
| 3/16/2024 | Listed $750,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | Coin w/Sell Sett |
| Roof | Flat |
| Zoning | C |
| Construction Materials | Brick,Concrete |
| Exclusions | Seller personal items in Basements of both buildings |
| Year Built | 1890 |
| View | River,City,Courtyard |
| Property SubType | Five Or More Units |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 84000.00 |
| Business Type | Apartment Building,Institutional,Parking Lot,Medical,Professional |
| Accessibility | Level Entry - Main |
| County | ALLEGANY |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | 36 Greene Street Cumberland MD 21502 |
| ModificationTimestamp | 2024-04-01T14:36:59 |
| City | CUMBERLAND |
| Buyer Agent Compensation | 2.5 |
| Body of Water | Wills Creek |
| Disclosures | Lead Based Paint - State,Lead Inspection Certificate Available |
| Zoning Description | Commercial |
| Total Units | 2 |
| MLS Area | W Cumberland - Allegany County (MDAL3) |
| Lot Size Square Feet | 13603.00 |
| Tax Assessed Value | 241000.0 |
| Waterfront Y/N | Yes |
| Street Name | GREENE |
| Tax Annual Amount | 4795.0 |
| Property Condition | Good,Very Good |
| Price Per Sq Ft | 82.94 |
| Vacation Rental Y/N | No |
| Days on Market | 32 |
| Location Type | Downtown |
| Standard Status | Active |
| Year Built Source | Assessor |
| Total Actual Rent | 84000.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas,Electric |
|---|---|
| Hot Water | Electric,Multi-tank |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Parking Features | Paved Parking,Unassigned |
|---|---|
| Lot Features | Additional Lot(s),Adjoins - Public Land,Backs - Parkland |
| Water Source | Public |
| Inclusions | Appliances |
| Total Parking Spaces | 17 |
| Type of Parking | Parking Lot |
| Land Use Code | C |
| Foundation Details | Block |
| Water View Y/N | Yes |
| Building Area Total | 9043.00 |
| Lot Size Acres | 0.31 |
| Water Body Type | River |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 5100.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | Yes |
| Car Parking Spaces | 17 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21502
Price
Taxes
Visits
Year Built
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