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Great Investment Opportunity! 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.
| DAYS ON MARKET | 67 | LAST UPDATED | 2/10/2025 |
|---|---|---|---|
| YEAR BUILT | 1936 | COMMUNITY | S Cumberland - Allegany County (MDAL2) |
| COUNTY | ALLEGANY | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | ALLEGANY COUNTY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | S Cumberland - Allegany County (MDAL2) |
| CONSTRUCTION | Block, Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 1307 sq ft |
| PARKING | On Street, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 1256 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), City, Street |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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