229 E Union St - Apartments FOR SALE


Cumberland, MD 21502
$249,000 USD
301-346-3664
229 E Union St, Cumberland, MD for Sale
$249,000 USD
Apartments - FOR SALE
1/48
null | Request Cap Rate

229 E Union St
Cumberland, MD 21502


OVERVIEW

This investment multi-family property features five income-producing units, each with baseboard heat and tenant-paid electric. The landlord currently covers water, sewer, and trash services, and the property also includes a garage. Ideally located in an established residential neighborhood with access to downtown amenities, shopping, and major commuter routes, this asset is attractive to both tenants and investors. 5 Units - (1) 2 bed/1bath, (2) 1 bed/1 bath, (2) efficiency 1 bedroom unit is currently leased at $700/month. currently a month to month lease. Other properties available. Discount for purchase of all 4 properties. 315 Frederick - 9 Units 339/341 Frederick - 5 Units Commercial Lot Front & Baltimore .08 Acres

FOR SALE DETAILS

PRICE

$249,000 USD

PRICE/SF

$75 USD /SF

# OF UNITS

5

PRICE/UNIT

$49,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit Investment Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,759 SF

ZONING

-

APN/PARCEL ID

22-013262

ASK ABOUT THIS PROPERTY

Taylor BowenBerkshire Hathaway | Bowen RealtyMore Info
301-346-3664

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Taylor BowenBerkshire Hathaway | Bowen RealtyMore Info
301-346-3664

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.