List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding Begins Saturday, February 22nd and ends on Thursday, February 27, 2025 at 11:00AM. An opportunity to purchase a duplex with side-by-side units and a total of 1,536+/- sq. ft. of living area. Each unit has a porch-front with 2 bedrooms and 1 full bath; with baseboard electric and public water/sewer. Both units are currently not occupied. **Potential Monthly Income of $850 PER UNIT** **Potential Annual Gross Income of $20,400** Welcome to Cambridge, Maryland "The Soul of the Shore". Located on the Choptank River, Cambridge is the Eastern Shore's fourth most populous city. Enjoy year round events such as The Flower Fair, Powerboat Regatta, The Taste of Cambridge, Heritage Skipjack Race and The Santa Swim. Shop at the Farmer's Market or many of the local shops Downtown. Watch the boats go by from the Cambridge Municipal Yacht Basin or enjoy fine dining. Property is located just a few blocks to Downtown Cambridge. The neighborhood has had significant investment over the past couple years which includes approximately 10 new construction homes and new food anchored retail. Many homes have been rehabbed recently as well. Pictures are from the Alex Cooper library. They were shot in 2023.
Cambridge- Two unit apartment building. First floor has 1 bedroom, 1 bath. Second floor is 2 bedroom, 1 bath. Both have been recently remodeled and are in excellent condition. Washer/Dryer in hallway shared by both units. The rear alley provides off street parking.
Four parcels - water view of the Cambridge Creek - 2 homes plus 2 lots.
Investor opportunity! Two units- upstairs and down both have 2 bedrooms - recently vacated. Off-street parking, nice front porch, convenient location close to downtown.
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.
