26 days on rocket

Backup Offers

432-434 Pennsylvania Ave, Cumberland, MD, 21502

$189,000

Home List Price

$2,244*

Closing Credit

0 Baths
3,034 SqFt
$62/SqFt
Multi

Location

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432-434 Pennsylvania Ave, Cambridge$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1920
HeatingCentral, Forced Air, ENERGY STAR Qualified Equipment, Heat Pump
CoolingCentral Air
BasementYes
MLS #MDAL2010340
Lot Size0.17 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 432-434 Pennsylvania Ave

Attn investors- opportunity is knocking. Motivated seller is offering up this sought after 3 unit building with an excellent return. The property was fully renovated in 2020-2021 ($155k Reno) including separate HVAC units and laundry in each unit. New roof, vinyl plank flooring throughout, tiled bath/showers. New kitchens and Appliances The building is laid out as a 3 bed 1 bath unit (rented at $1000) and two stacked 2 bed 1 bath units. ($800 each; one rented, one currently vacant) all HUD approved. Property manager in place. Turnkey investment offering 16% ROI. Building is located on a nice street walking distance from food/retail/gym.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Living Area: 3,034 SqFt

Listing Office:

  • Office Name: Realty ONE Group Capital
  • Office Phone: (703) 214-5100
  • Listing Agent: Claudia I Flamenco

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Laminate Plank

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, ENERGY STAR Qualified Equipment, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-64 take Industrial Blvd. Left on Pennsylvania Ave. Building is on the right.

Municipality:

  • Cumberland

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000
  • Price Per SqFt: $62/SqFt
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Housing Market Comparison

See how this home compares to others in Cambridge, MD.

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Cambridge, MD

City

Med. Sold Price

$260K

Med. Price/SqFt

$159

Avg. Days On Market

58

# of Sold Homes

26

432-434 Pennsylvania Ave vs Cambridge

26 DAYS ON ROCKET

-32 Days

$189,000

-$71K Less

$62/SqFt

-$98 Less

KEY TAKEAWAY

This property is $71K less than the Median Sold Price and $98/SqFt less than other homes in Cambridge, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAL2010340

Listing Office:

  • Office Name: Realty ONE Group Capital
  • Office Phone: (703) 214-5100
  • Listing Agent: Claudia I Flamenco

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-357476
1
/10

  • Choptank Elementary School

  • 1103 Maces Ln

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-357477
4
/10

  • Maple Elementary School

  • 5225 Egypt Rd

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-357478
1
/10

  • Sandy Hill Elementary School

  • 1503 Glasgow St

  • 1.88 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,426. Residents of Cambridge, MD typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Maryland›Dorchester County›Cambridge›21502›432-434 Pennsylvania Ave

This home is located at 432-434 Pennsylvania Ave in Cumberland, MD and zip code 21502. This 3,034 square foot home, which was built in 1920, sits on a 0.17 acre lot. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $189,000.

While more than 5 listings in Cambridge, MD in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 15 were sold below. The inventory of homes for sale in Cambridge, MD between September 2024 and October 2024 increased by 8.1%. The median list price of listings available in October 2024 was $260,000, while the average time on the real estate market was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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