2 Altamont Terrace, Cumberland, MD 21502

$485,000
5,984
SqFt
Sold Price
$485,000
List Price
$500,000
Closing Date
Apr 26, 2023
Days on Market
128
Status
CLOSED
MLS#
MDAL2004676
Living Area
5,984
Lot Size (Acres)
0.1
Style
Colonial
Year Built
1898
County
Allegany
School District
Allegany County Public Schools

Property Description

Fantastic opportunity for investor for a 11 unit apartment building with 10 of the units tenant occupied! Newest unit 11 is recently added and everything brand new. This property has been renovated with vinyl siding and vinyl windows, motion activated hall lights, newer shingle roof, and all units have been updated with beautiful LVP flooring, updated appliances and separate water heaters in each unit, 2 units have been completely renovated. 9 - 1 bedroom units, 1 - 2 bedroom unit, 1- 3 bedroom unit. Building has secure access for all tenants and tenants pay all utilities. Laundry room in the building with coin operated machines for extra added income. Great location with easy access to I-68, bus stop, and Amtrak. Close to shopping, dining, parks and great mountain views.

Additional Information

Area
W Cumberland - Allegany County (MDAL3)
Taxes
$5979
Stories
4
School District
Allegany County Public Schools
Elementary School
West Side
Middle School
Braddock
High School
Allegany
Flooring
Luxury Vinyl Plank, Ceramic Tile
Exterior Features
Sidewalks
View
City, Mountain
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Window Unit(s)
Roof
Shingle
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Chantilly Ventures, LLC. Contact: 5712350129

Selling Office: .