About 116 Virginia Ave
IMPROVED PRICE! THIS IS A GREAT INVESTMENT!!! Own this profitable laundromat with a long-term tenant occupying the upstairs apartment. The property features separately metered electric, with the owner covering approximately $250/month for gas, $200/month for water, and $200/month for electric. The seller nets approximately $1,200 to $1,300 per month. The apartment tenant pays $650/month plus electric and enjoys gas forced air heating. This solid brick building is conveniently located close to all amenities. Don’t miss this fantastic income-generating property! Large parking lot! Call today to schedule a tour! Upstairs apartment does require a 24 hr. notice.
Features of 116 Virginia Ave
| MLS® # | MDAL2010938 |
|---|---|
| Price | $149,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,728 |
| Acres | 0.03 |
| Year Built | 1936 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 116 Virginia Ave |
|---|---|
| Area | S Cumberland - Allegany County (MDAL2) |
| City | CUMBERLAND |
| County | ALLEGANY-MD |
| State | MD |
| Municipality | Cumberland |
| Zip Code | 21502 |
Amenities
| View | City, Mountain, Street |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Ceiling Fan(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding, Block |
|---|---|
| Roof | Rubber |
| Foundation | Block |
| Garages | 6 |
School Information
| District | ALLEGANY COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | February 10th, 2025 |
|---|---|
| Days on Market | 257 |
| Zoning | COMMERCIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP Realty, LLC |
|---|---|
| Contact Info | 8888607369 |