Unlock the potential of this duplex located in downtown Cambridge! Whether you're looking to expand your investment portfolio or generate rental income, this property offers plenty of opportunity. The first unit features 3 bedrooms and 1 full bathroom, while the second unit offers 2 bedrooms and 1 full bathroom, providing flexibility for long-term tenants, owner-occupants, or future rental income. Conveniently located just minutes from restaurants, waterfront, parks, and all that downtown Cambridge has to offer, this property is an excellent opportunity for buyers looking to build equity and add value through improvements. Bring your vision to life and capitalize on the potential this downtown duplex has to offer! Property is being sold strictly as-is.
Excellent income-producing investment opportunity in the heart of Cambridge! This fully leased duplex is being sold as-is and features two spacious 2-bedroom, 1-bath apartments, plus a detached garage that is separately leased for $300/mo. as storage. Unit A currently rents for $1,400/mo., Unit B rents for $1,250/mo. and the garage provides additional rental income, creating three separate income streams from day one. Situated on a corner lot just blocks from downtown Cambridge, this Colonial offers character with practical functionality. Each apartment features spacious living areas, hardwood floors, generous kitchens, abundant natural light, and period details including decorative columns, built-in cabinetry, and a brick fireplace. A large screened wraparound porch, shared laundry, basement storage, and off-street parking add to the property's appeal and convenience. Conveniently located near the Choptank River waterfront, parks, restaurants, shopping, and Route 50, this property has a strong rental history and is well-positioned for continued demand. Whether you're looking to expand your investment portfolio or acquire a property with immediate cash flow and long-term upside, this is an opportunity you won't want to miss.
Victorian Duplex Investment Opportunity in Historic Cambridge, MD – Value-Add Cash Flow Potential! This classic Victorian home in Cambridge’s historic district is currently configured as a duplex and offers a strong value-add investment for investors looking to create immediate and long-term cash flow on Maryland’s Eastern Shore. The property features two separately metered units with private entrances. Unit 1 includes 2 bedrooms and 1 bath, while Unit 2 offers 2 bedrooms and 1 bath. While the home requires some updates, it presents an excellent opportunity in a solid rental market.
Price Reduction Attention Investors.! An excellent opportunity to own a two-unit multifamily property with strong investment potential. This solid two-unit multifamily investment property offers excellent upside for the right buyer. Each unit provides its own private entrance, separate utilities, and flexible floor plans ideal for long-term tenants or short-term rental strategies. The home needs repairs and updates throughout, giving investors the opportunity to add value quickly and increase rental income. Located in a convenient area close to local amenities, this property is well-positioned for strong future returns once renovated. Perfect for contractors, seasoned investors, or anyone looking to build equity through improvement.
INVESTOR ALERT! PRICE IMPROVEMENT! As well as price improvement seller is willing to provide credit toward roof replacement with an acceptable offer. Rare opportunity to own a duplex, with two rental units currently occupied! "Downtown" zoning, no flood insurance required and steps away from the up and coming waterfront project "Cambridge Harbour". Location, Location Location! Walking distance from Historic downtown Cambridge; including restaurants, marinas and shops. This unique property offers water views of the Choptank River, ample parking, and the convenience of being steps away from businesses while offering that neighborhood feel. The first floor unit offers two bedrooms, one full bath, kitchen, laundry, dining room and living room with direct access to garage. 2nd/3rd floor unit offers 3 bedrooms with a kitchenette, laundry, full bath, and living room. * Minimum 24 hours notice required for showings.*
Cambridge is located in Maryland. Cambridge, Maryland has a population of 13,026. Cambridge is less family-centric than the surrounding county with 16.92% of the households containing married families with children. The county average for households married with children is 19.47%.
The median household income in Cambridge, Maryland is $40,094. The median household income for the surrounding county is $55,652 compared to the national median of $69,021. The median age of people living in Cambridge is 38.2 years.
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 28.2 degrees. The average rainfall is approximately 45.8 inches per year, with 10.7 inches of snow per year.
