420-428 Baltimore Ave Cumberland,, MD 21502

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Description

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Great investment property- ALL Brick, 5 total units plus 4 garage spaces and Laundry room for extra income. Total monthly projected income is $ 3700.00. The property contains three 3-bedroom units, one 2-bedroom unit, and one efficiency. plus a large coin operated laundry room This property is easy to show 1 of the units is vacant. BUT 24 hour notice is required for the 4 units in which are currently tenant occupied. 4 car garage units in rear of building are rented to long term tenant. showing for the garages must be for under contract buyers Agent must accompany all showing. 2 of the units, 422 and 424 Baltimore Ave, have been recently remodeled. dry wall repaired, fresh paint, new wood/vinyl flooring in both kitchen and bathroom. Harwood flooring throughout rest. Recently city inspected and Lead inspected, will rent for 850.00 each per month. We are taking teanant applications now for 5th unit. Total monthly projected income is $ 3,700.00 per month. Property manager in place, call agent for all showings. Owner may consider some owner financing with cash offer.