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116 VIRGINIA AVENUE, CUMBERLAND, MD 21502
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$149,000
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Home Details for 116 VIRGINIA AVENUE
Price
$149,000
Type
Commercial/Industrial
Year Build
1936
Lot Size
0.03
County
ALLEGANY
Tax
$1,256
MLS®️ Listing#
MDAL2010938
On exitrealty.com
338 days
Property Description
IMPROVED PRICE! THIS IS A GREAT INVESTMENT!!!
Own this profitable laundromat with a long-term tenant occupying the upstairs apartment. The property features separately metered electric, with the owner covering approximately $250/month for gas, $200/month for water, and $200/month for electric. The seller nets approximately $1,200 to $1,300 per month.
The apartment tenant pays $650/month plus electric and enjoys gas forced air heating. This solid brick building is conveniently located close to all amenities. Don’t miss this fantastic income-generating property! Large parking lot! Call today to schedule a tour! Upstairs apartment does require a 24 hr. notice.
- Cooling Information
- Ceiling Fan(s)
- Electric
- Heating Information
- Natural Gas
- Forced Air
- Parking
- On Street
- Parking Lot
- Water Features
- Public
Listing Courtesy: EXP Realty, LLC - 888-860-7369
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.
Last Updated: 2025-09-08 11:15:35
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