116 Virginia Ave, CUMBERLAND

$165,000

0 Beds
0 Baths
1,728 Sqft
.03 Acres
0 Garages

IMPROVED PRICE! Great Investment Opportunity!

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.

Essential Information
MLS® #MDAL2010938
Price$165,000
Bathrooms0.00
Square Footage1,728
Acres0.03
Year Built1936
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address116 Virginia Ave
CityCUMBERLAND
CountyALLEGANY-MD
StateMD
MunicipalityCumberland
Zip Code21502
Area

S Cumberland - Allegany County (MDAL2)

Amenities
ViewCity, Mountain, Street
Interior
HeatingForced Air
CoolingCeiling Fan(s)
Exterior
ExteriorBrick and Siding, Block
RoofRubber
FoundationBlock
School Information
DistrictALLEGANY COUNTY PUBLIC SCHOOLS
Additional Information
ZoningCOMMERCIAL
Listing Details
OfficeEXP Realty, LLC
Office Contact8888607369
Property History
Price Reduced from $175,000 to $165,000
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Listing information last updated on May 19th, 2025 at 2:31pm EDT.

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