Mixed Use Laundromat & Apartment in Cumberland, MD!

Allegany County, Cumberland, MD, 21502
Sold
Listed at: August 31st, 2023
Price
$99,000
Sq. Footage
1728
Type
Commercial
Parking
Unassigned
Year build
1936
Lot size
5680.00 sqft
Bedrooms
1
Bathrooms
1
Half Bathrooms
1
Summary

Laundromat & Apartment IN CUMBERLAND, MD WITH GREAT POTENTIAL!


ASKING: $99,000.00


Property Details:

📍 City: Cumberland

🌆 County: Allegany

🏡 Property Type: Mixed use (Commercial/Residential)

🌳 Lot Size: 5,680 sqft (0.13 Acres)


Apartment Details


🛏️ Bedrooms: 1

🛁 Bathrooms: 1

📏 Square Footage: 864

🏠 Occupied @ $600 A Month

🛠️ Rehab: The property is dated but functional. Has window units.


Laundromat Details

📏 Square Footage: 864 (Not Including Unfinished Basement)

🛁 Bathrooms: Toilet in the basement

💲Revenue: Averages $1,720 for the past 7 months

-Quarter Pusher Machine: $183.46 avg per month for 2023

-Soda Machines: $180.15 avg per month for 2023

-Soap Vending Machine: $96 avg per month for 2023

➖Overhead: $982 a month

🧰 Equipment List conveyed with the sale available upon request

Attention investors! This exceptional wholesale opportunity in Cumberland is a MUST have for your portfolio.


📞FOR MORE DETAILS PLEASE

CONTACT Justin @ (972) 322-2160📞


DISCLAIMER:

1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates, information provided, or photographs/video showing the condition of the property are for your convenience only. Any information regarding specifications, characteristics, or condition of this property, neighborhood, or investment strategy (including, but not limited to, estimated rehab costs, as-is property square footage measurements, or proposed expansion through construction) is an unverified assumption of the company or its affiliates based on limited information and must be verified independently for accuracy. Company and its affiliates assume no liability whatsoever for the accuracy of any estimates, information, or photo/video provided. Buyer is required to conduct their own due diligence.

2. NO UNACCOMPANIED ENTRY OF PROPERTY: Broker and its affiliates do not give you authority, express or implied, to enter or access this property unaccompanied. Access to the property may only be obtained through scheduling a property inspection with Company.

3. NON-REPRESENTATION: Company and their affiliates DO NOT represent you.

4. You may not copy, store, distribute, display, modify, create derivative works, sell, or transmit any part of this content without prior written permission of Company.

5. Please Note: Cash or hard money required for closing

  • Buyers pay all closing costs.
  • We are not a licensed contractor or appraiser.
  • This is an assignable purchase agreement that allows us to purchase the property listed below, not the property itself. If you are interested in this assignable purchase agreement, please contact us. 


Videos

Laundromat Walkthrough Part 1

Laundromat Apartment Walkthrough

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Justin Helms

No reviews

Disposition manager