EXCELLENT INVESTMENT DUPLEX WITH LONG TERM TENANTS - BOTH SIDES ARE HUD APPROVED - LEASES ARE MONTH TO MONTH - APPROX GROSS $12,560 - TENANTS PAY UTILITIES. LEASES ARE MONTH TO MONTH
Introducing a lucrative investment opportunity situated on Maryland Avenue, this property features three units configured as a duplex. The first side boasts 4 bedrooms and 2 full baths and is leased at $1000 per month, offering a steady stream of income. On the other side of the duplex, you'll find two separate up-and-down units. One unit is 2 bedrooms and 1 bath and is rented for $650 per month, while the other unit is 1 bedroom and 1.5 baths and is rented for $600 monthly, contributing to a substantial annual gross income of $27,000 with a commendable rental history. Don't miss the chance to capitalize on this investment – schedule your showing today to seize this promising opportunity!
Cumberland is located in Maryland. Cumberland, Maryland has a population of 19,028. Cumberland is less family-centric than the surrounding county with 24.79% of the households containing married families with children. The county average for households married with children is 24.83%.
The median household income in Cumberland, Maryland is $43,699. The median household income for the surrounding county is $51,090 compared to the national median of $69,021. The median age of people living in Cumberland is 40.7 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 38.2 inches per year, with 30.1 inches of snow per year.
