Colonial, Multi-Family

duplex for sale

11 views

Listed: 02/13/23

2 Altamont Terrace, Cumberland, MD 21502, USA

Studio Bed:

1 Bath:

5,984 Sq Ft Living Area:

Save

Price

$ 610,000

Show 6 more

About This Duplex

Fantastic opportunity for investor for a 11 unit apartment building with 10 of the units tenant occupied! Newest unit 11 is recently added and everything brand new. This property has been renovated with vinyl siding and vinyl windows, motion activated hall lights, newer shingle roof, and all units have been updated with beautiful LVP flooring, updated appliances and separate water heaters in each unit, 2 units have been completely renovated. 9 - 1bedroom units, 1 - 2bedroom unit, 1- 3 bedroom unit. Building has secure access for all tenants and tenants pay all utilities. Laundry room in the building with coin operated machines for extra added income. Great location with easy access to I-68, bus stop, and Amtrak. Close to shopping, dining, parks and great mountain views.

Property Includes

Air Conditioning
Heating Baseboard
Fuel Heating Electric
Architecture Colonial

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Rolling Mills Housing & Living

Household Income

Median household income: $32,825

Number of households: 8,437

The average household income in Cumberland, MD grew from $31,855 to $32,825 in the past year. This data is an estimate based upon 8,437 households in Cumberland, MD.
The chart below presents how household income is distributed in Cumberland, MD in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cumberland, MD compared to median property taxes around the country. The prevalent amount of property taxes in Cumberland, MD equals $800-$1,500 , which is less than the national average.