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$480,000
91 Days Online

700 Fayette St
Cumberland, MD 21502

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
6,160
SqFt
$78
/SqFt
1965
Built
County:
ALLEGANY
Listing courtesy of Charis Realty Group
700 Fayette St700 Fayette St700 Fayette St700 Fayette St
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A well-established investment property in Mountain Maryland, specifically on the Westside of Cumberland. The property is all brick, durability and low maintenance. being situated on the Westside of Cumberland with a desirable location, convenient access to local amenities. The property offers a substantial 5,280 square feet of living space spread across 6 units. There are 3 units with 2 bedrooms each, there are also 3 units with 1 bedroom each, Additionally, there's an Airbnb unit, which suggests flexibility in rental strategies and potentially higher rental income due to short-term stays. The established leasing indicates a history of generating rental income, which can provide financial stability and potential for growth. The fact that the property backs to woods can be a selling point, offering privacy, tranquility, and potentially attractive views for tenants. Overall, this property offers a solid investment opportunity due to its size, configuration, location, and income-generating potential through both traditional leasing and short-term rentals like Airbnb.

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Listing Snapshot
Price 
$480,000
Days Online 
91 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,160 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1965
MLS® Number 
MDAL2009494
Status 
Active
Property Tax 
$6,057
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen online
3 months agoListing updated with changes from the MLS®
General Features
Acres 
0.3
Parking Spaces 
6
Sewer 
Public Sewer
SqFt Total 
6160
Water Source 
Public
Interior Features
Appliances 
Electric Water Heater
Cooling 
Window Unit(s)
Heating 
Hot WaterNatural Gas
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
W Cumberland - Allegany County (MDAL3)
Listing courtesy of Charis Realty Group



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Neighborhood & Commute
Source: Walkscore
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