116 VIRGINIA AVE Cumberland, MD 21502
UPDATED:
02/10/2025 09:15 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,592 sqft
Price per Sqft $67
MLS Listing ID MDAL2010938
Originating Board BRIGHT
Year Built 1936
Annual Tax Amount $1,256
Tax Year 2024
Lot Size 1,440 Sqft
Acres 0.03
Property Sub-Type Mixed Use
Property Description
Own this profitable laundromat with a long-term tenant occupying the upstairs apartment. The property features separately metered electric, with the owner covering approximately $250/month for gas, $200/month for water, and $200/month for electric. The seller nets approximately $1,200 to $1,300 per month.
The apartment tenant pays $650/month plus electric and enjoys gas forced air heating. This solid brick building is conveniently located close to all amenities. Don't miss this fantastic income-generating property! Large parking lot! Call today to schedule a tour! Upstairs apartment does require a 24 hr. notice.
Location
State MD
County Allegany
Area S Cumberland - Allegany County (Mdal2)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Flooring Carpet, Tile/Brick, Vinyl
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
View City, Mountain, Street
Roof Type Rubber
Accessibility None
Total Parking Spaces 6
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allegany County Public Schools
Others
Tax ID 0104002911
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
