PUBLIC AUCTION ON FRIDAY APRIL 4 STARTING AT 10:00 AM. THE LIST PRICE IS THE RECOMMENDED OPENING BID ONLY. Properties are being offered individually and as an entirety. Deposits in the form of a cashier’s check required of all bidders at the time of sale: $20,000 for 700 Fayette St; $10,000 for 708 Fayette St and $25,000 for 635 Washington St. The deposit must be increased to 10% of the purchase price within 5 days of the date of sale. The properties will be open for viewing 1 hour prior to the time of sale and by appointment. Broker Participation Offered. Agents must register their clients at least 48 hours before the auction. See Auctioneer’s website for terms and additional information. DO NOT MISS THIS OPPORTUNITY!A well-established investment property in Mountain Maryland, specifically on the Westside of Cumberland. The property is all brick, durability and low maintenance. being situated on the Westside of Cumberland with a desirable location, convenient access to local amenities. The property offers a substantial 5,280 square feet of living space spread across 6 units. There are 3 units with 2 bedrooms each, there are also 3 units with 1 bedroom each, Additionally, there's an Airbnb unit, which suggests flexibility in rental strategies and potentially higher rental income due to short-term stays. The established leasing indicates a history of generating rental income, which can provide financial stability and potential for growth. The fact that the property backs to woods can be a selling point, offering privacy, tranquility, and potentially attractive views for tenants. Overall, this property offers a solid investment opportunity due to its size, configuration, location, and income-generating potential through both traditional leasing and short-term rentals like Airbnb.

Listing courtesy of Charis Realty Group



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.