201 Washington Street
Cumberland, MD 21502
MLS #AL9983495

Commercial
    $224,500
    Est. P&I payment: $857.44/mo
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    Description for 201 Washington Street, Cumberland, MD 21502
    Professional office in Cumberland's Historic District. First & second floor offices, conference rooms and reception areas. 2 apartments presently rented.Macadam, off-street parking in rear of building. Additional Lot (Tax #0106018025) conveys with property.Current income over $40,000.Building is excellent investment or ideal for owner/user professional office space.
    MLS #AL9983495
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    My Notes for MLS #AL9983495

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Office
    • Zoning Code: R-O

    Exterior Features

    • Stories: 3
    • Lot Area Acre: 0.114784
    • Lot Size Area: 5,000
    • Water Front: N
    • Parking: Private 1-10 Spaces,​Street

    Interior Features

    • Gross SQFT: 3,398
    • Net SQFT: 3,398

    Utilities Features

    • Sewer Septic: Public Sewer
    • Water: Public

    Financial Features

    • Price Per Square Foot: 66
    • Total Taxes: 2,691.64
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 1,351.56
    • City Town Tax Payment Freq: Annually
    • County Tax: 1,340.08
    • County Tax Payment Freq: Annually
    • Tax Year: 2016
    • Improvement Assessment Amount: 115,900
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 25,000
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 140,900
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2017
    • Rent Income: 42,120
    • Gross Income: 42,120
    • Rental Net Operating Income: 24,620
    • Property Net Operating Income: 24,620
    • Expenses: 17,500

    Community Features

    Misc Features

    • Year Built: 1846
    • Occupied: Yes
    • Tenancy: Lease terms Mixed
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No

    Location

     
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    The listing information for 201 Washington Street, Cumberland, MD 21502 was graciously provided by our friends at the listing brokerage, Coldwell Banker Professional Real Estate Services

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    P&I Payment $857.44
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    Last Updated 04/24/2018 at 1:26pm
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