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Marjorie Dick Stuart

  • Cell 240-731-8079
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116 Virginia Ave, CUMBERLAND, MD – $149,000

  • $149k Price
  • 1,728 Sqft
  • .03 Acres
  • 218 DOM
  • $149k Price
  • 1,728 Sqft
  • .03 Acres
  • 218 DOM

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.

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Essential Information

  • MLS® #MDAL2010938
  • Price$149,000
  • Bathrooms0.00
  • Square Footage1,728
  • Acres0.03
  • Year Built1936
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address116 Virginia Ave
  • CityCUMBERLAND
  • CountyALLEGANY-MD
  • StateMD
  • MunicipalityCumberland
  • Zip Code21502

Area

S Cumberland - Allegany County (MDAL2)

Amenities

  • ViewCity, Mountain, Street

Interior

  • HeatingForced Air
  • CoolingCeiling Fan(s)

Exterior

  • ExteriorBrick and Siding, Block
  • RoofRubber
  • FoundationBlock

School Information

  • DistrictALLEGANY COUNTY PUBLIC SCHOOLS

Additional Information

  • Date ListedFebruary 10th, 2025
  • Days on Market218
  • ZoningCOMMERCIAL

Listing Details

  • OfficeEXP Realty, LLC
  • Office Contact8888607369
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Price Change History for 116 Virginia Ave, CUMBERLAND, MD (MLS® #MDAL2010938)

Date Details Price Change
Price Reduced $149,000 $16,000 (9.70%)
Price Reduced (from $175,000) $165,000 $10,000 (5.71%)

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Listing information last updated on September 15th, 2025 at 11:45pm CDT.