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.
NEW PRICE OF $234,900! Incredible value for a beautiful home. Offering great living space, a fantastic location, and an unbeatable new price tag. Why rent when you can own? Live in one - rent the other. Schedule your showing before this opportunity passes you by! - Recent updates include vinyl siding , flooring and paint. Charming front porch. Off- street parking via alley. Move in ready - all appliances are included. 1 BR down, 2 BR up.
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.
