799,999

House for sale Cumberland
Property photo number 1 of 16 Photos for Property. File  105954119_29_7f9524363452d75aee4a8cf75a52f8b3.jpeg

Overview

SUMMARY: Discover an opportunity with this Cumberland house for sale and available for 799,999. This could be your next ideal home or a smart investment. More details await.
Exceptional 4-family opportunity in Cumberland with a rare combination of owner-occupant appeal and strong investment upside. The centerpiece is a massive vacant first-floor owner's unit offering 3 bedrooms, 2 full baths, an updated kitchen with stainless steel appliances, expansive living space and an additional bonus room with its own separate entrance-ideal for an office, storage or potential future rental use. The remaining units include a 2-bed/1-bath and 1-bed/1-bath on the second floor, plus another 2-bed/1-bath on the third floor. At projected market rents, the property has the potential to generate approximately $7,500-$8,000 per month in gross rental income. All utilities are separately metered, helping keep owner expenses low. Major improvements include siding approximately 2 years old, roof and windows approximately 13 years old and 3 brand-new hot water tanks. Additional features include hardwood floors, spacious rooms, abundant natural light, a large basement and oversized off-street parking. The size and versatility of this property are difficult to capture in photos-this one truly needs to be seen in person.
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Details

  • Beds: 8
  • Baths: 5
  • Price: 799,999
  • Reference No.: 96726464
  • Area: 6,029 sqft

Location

Marketed by:

  • John Slyman
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