$138,000
$149,900
7.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,456 SqFt
SOLD DATE : 03/21/2024
Key Details
Sold Price $138,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $94
Subdivision None Available
MLS Listing ID MDAL2007812
Sold Date 03/21/24
Style Colonial
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,456
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $925
Tax Year 2023
Lot Size 5,920 Sqft
Acres 0.14
Property Description
OWNER FINANCING ON COMPLETELY REHABBED FOUR BEDROOM COLONIAL ACROSS FROM PARK. And this property is very close to Constitution Park as well.
Just move in and enjoy community gardening, basketball or watching deer run along the mountain ridge behind your new home. Everything is new - check the pictures for new wiring, new plumbing, new electric baseboard heaters, new carpet, paint and ceramic floors as we;; as Hot water heater, roof, exterior paint. Clean and ready to go.
Owner financing at 7% fixed, 30 year amortized loan with owner holding the paper. 15% down, no bank qualifying but buyers must submit financials. Credit score of 650 or higher.
Location, location, location - less than a minute drive to 68, Route 40, hospital and community college. City inspected. Lead reports available. Investors welcome. Please ignore City and County assessments as the property has been fully rehabbed within the past six months.
INVESTORS; MANAGEMENT IN PLACE AND WILL FIND A TENANT FOR YOU AT NO CHARGE WITH ONE YEAR MANAGEMENT CONTRACT. Estimated rent between 1200-1300/month. Positive cash flow.
At $150K with $22,500 down (15%), amortized over 30 years, the monthly payment would be the mortgage payment (848) plus taxes (approx. 90) plus insurance. At 20% down, the numbers are even better. No HOA fees. With all the major features new (roof, heat, HWH, electrical, appliances) you should have few expenses for years.
Location
State MD
County Allegany
Area S Cumberland - Allegany County (Mdal2)
Zoning R
Rooms
Other Rooms Kitchen
Basement Full, Heated, Walkout Level, Windows, Unfinished, Outside Entrance, Side Entrance
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Carpet, Ceramic Tile, Concrete, Hardwood
Equipment Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Hookups Only, Water Heater
Furnishings No
Fireplace N
Window Features Double Hung,Screens,Vinyl Clad
Appliance Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Hookups Only, Water Heater
Heat Source Electric
Laundry Basement
Exterior
Exterior Feature Porch(es)
Garage Spaces 3.0
Fence Board, Privacy
Utilities Available Electric Available, Phone Available, Sewer Available, Water Available
Waterfront N
Water Access N
View Garden/Lawn, Mountain, Park/Greenbelt, Street, Trees/Woods
Roof Type Architectural Shingle
Street Surface Paved
Accessibility None
Porch Porch(es)
Road Frontage City/County
Parking Type Driveway
Total Parking Spaces 3
Garage N
Building
Story 3
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Allegany County Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 0122010549
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Contract, Conventional, FHA, Installment Sale, Private, Seller Financing, VA
Listing Terms Cash, Contract, Conventional, FHA, Installment Sale, Private, Seller Financing, VA
Financing Cash,Contract,Conventional,FHA,Installment Sale,Private,Seller Financing,VA
Special Listing Condition Standard
Pets Description No Pet Restrictions
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Bought with SETH LOAR • Coldwell Banker Premier
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