131 Cumberland Street
Clear Spring, MD 21722
MLS #WA10102084

Multi-Family
  • 6units
  • 0.15acres
  • 4,062sq ft
$225,000
Est. P&I payment: $859.35/mo
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Description for 131 Cumberland Street, Clear Spring, MD 21722
Excellent opportunity to own a well-maintained 6 unit apartment building with huge off/street parking space. Rents can be increased! Tenants pay all electric and heating expenses. All inspections and lead certificates available. Three units are 100% Lead Free! Updates include entire new plumbing system, new vinyl windows, siding, flooring and more. Call for more details.
MLS #WA10102084
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My Notes for MLS #WA10102084

General Features

  • Property Type: Multi-Family
  • Type: Semi-Detached
  • Year Built: 1920
  • Total Units: 6
  • One Bedroom Units: 3
  • Two Bedroom Units: 1
  • Efficiency Units: 2

Exterior Features

  • Exterior: Siding - Vinyl
  • Stories: 3
  • Handicap: None
  • Lot AreaAcre: 0.145455
  • Lot Size Area: 6,336
  • Parking: Private 1-10 Spaces,​Private 11+ Spaces,​Drvwy/Off Str
  • Water Front: N

Interior Features

  • Tax Total Living Area: 4,062
  • Basement: Y
  • Basement Entrance: Outside Entrance
  • Basement Type: Outside Entrance

Utilities Features

  • Cooling Fuel: Electric
  • Cooling: Window Unit(s)
  • Heating Fuel: Electric
  • Heating: Baseboard
  • Hot Water: Electric
  • Metering: Electricity is sep
  • Sewer Septic: Public Sewer
  • Water: Public

Financial Features

  • Total Taxes: 3,054.51
  • Total Taxes Payment Freq: Annually
  • City Town Tax: 703.92
  • City Town Tax Payment Freq: Annually
  • County Tax: 2,350.59
  • County Tax Payment Freq: Annually
  • Tax Year: 2017
  • Improvement Assessment Amount: 215,100
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 36,300
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 251,400
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2017
  • Property Net Operating Income: 24,105
  • Gross Income: 37,500
  • Expenses: 13,395
  • Monthly Gross Rent: 3,125
  • Vacancy Factor: 33

Community Features

School Features

  • Elementary School: CLEAR SPRING
  • High School: CLEAR SPRING
  • Middle School: CLEAR SPRING

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: Lease terms Mixed
  • New Construction: N
  • Zoning Code: U

Location

 
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The listing information for 131 Cumberland Street, Clear Spring, MD 21722 was graciously provided by our friends at the listing brokerage, RG Realty, Inc.

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MRIS is the source of the listing information and listings are provided by various brokerages who participate in the MRIS IDX program. Listings provided by brokerages other than the owner of this website show the listing brokerage on the listing details page. This website is not an MLS nor does it represent the full data set of the MRIS Multiple Listing Service (MLS).
Last Updated 12/18/2017 at 9:17am
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