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315 Frederick St - 9 Unit Investment Property 9 Unit Apartment Building Offered at $299,000 Cumberland, MD 21502
Executive Summary
Investment opportunity in Cumberland, Maryland. This nine-unit property is comprised entirely of efficiency apartments. The building also features a small commercial space currently utilized as a tenant laundry area. The landlord covers utilities. Gas boiler replaced 2 years ago. Ideally positioned with easy access to downtown amenities, shopping, and transportation routes.
9 Efficiency Units - 3 units leased - 2 @$725, 1@$625. all leases are month to month
Other properties available
discount for purchase of all properties
-229 E Union - 5 Units
- 339/341 Frederick 5 Units
- Commercial Lot Front & Baltimore .08 Acres
9 Efficiency Units - 3 units leased - 2 @$725, 1@$625. all leases are month to month
Other properties available
discount for purchase of all properties
-229 E Union - 5 Units
- 339/341 Frederick 5 Units
- Commercial Lot Front & Baltimore .08 Acres
Property Facts
| Price | $299,000 | Property Type | Multifamily |
| Price Per Unit | $33,222 | Building Size | 4,500 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 9 | Year Built | 1948 |
| Price | $299,000 |
| Price Per Unit | $33,222 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Building Size | 4,500 SF |
| No. Stories | 2 |
| Year Built | 1948 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 23-009307 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $234,200 |
Property Taxes
Parcel Number
23-009307
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$234,200
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315 Frederick St - 9 Unit Investment Property
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