116 VIRGINIA AVENUE, Cumberland, MD 21502
Commercial Property
Built in 1936
1,307sqft lot
—— car garage
$——/sqft
Listed 5 months ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- February 10, 2025 at 06:00AM
- Listing Office:
- EXP Realty, LLC : 8888607369
- Listing Agent:
- Pamela A Terry : 3016971442
- MLS ID:
- MDAL2010938

- Flooring: CarpetTile/BrickVinyl
- A/C: Ceiling Fan(s)
- Heating: YForced AirNatural Gas
- Disability Feature: None
This listing courtesy of Pamela A Terry, EXP Realty, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
South Penn Elementary School
500 E Second St, Cumberland, MD, 21502
Grades PK-5
0.32 miles away
Washington Middle School
200 N Massachusetts Ave, Cumberland, MD, 21502
Grades 6-8
0.88 miles away
Fort Hill High School
500 Greenway Ave, Cumberland, MD, 21502
Grades 9-12
0.90 miles away