SOLD
$715,000
Sold Date 03/28/2023
103 WASHINGTON ST
Cumberland, MD 21502
0.2
Acres Lot
Other
276 days on Nestfully
25 views
Stunning 1880's Romanesque Apartment building, in the Heart of Cumberland's Historic District, converted from Duplex "Mansion" in the 50's. Family Owned for 90+ years! Always well maintained and managed with no expense spared. Offered for sale to liquidate a Family Trust. Very solid rental history with high occupancy for decades. 11 roomy apartments, 9 x1 bedroom 2 x 1Br + den, 3 level Owner Suite over 2,000 sq ft with 4 Brs 2 full baths - basement has additional full bath. FIRST YEAR PROJECTED INCOME OVER $100,000 GROSS. Up to date city inspections and lead certificates. Possession of Owner Suite negotiable to allow for relocation. ****BUYERS MUST BE PRE-QUALIFIED PRIOR TO SHOWING. ****48 HOURS MINIMUM NOTICE TO SEE OWNER SUITE AND 1-2 APARTMENTS, FULL INSPECTION ALLOWED WITH CONTRACT AND INSPECTION PERIOD.****
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