416 Maryland Ave,CAMBRIDGE, MD 21613
CAMBRIDGE, MD 21613
Description
Excellent income-producing investment opportunity in the heart of Cambridge! This fully leased duplex is being sold as-is and features two spacious 2-bedroom, 1-bath apartments, plus a detached garage that is separately leased for $300/mo. as storage. Unit A currently rents for $1,400/mo., Unit B rents for $1,250/mo. and the garage provides additional rental income, creating three separate income streams from day one.Situated on a corner lot just blocks from downtown Cambridge, this Colonial offers character with practical functionality. Each apartment features spacious living areas, hardwood floors, generous kitchens, abundant natural light, and period details including decorative columns, built-in cabinetry, and a brick fireplace. A large screened wraparound porch, shared laundry, basement storage, and off-street parking add to the property's appeal and convenience.Conveniently located near the Choptank River waterfront, parks, restaurants, shopping, and Route 50, this property has a strong rental history and is well-positioned for continued demand. Whether you're looking to expand your investment portfolio or acquire a property with immediate cash flow and long-term upside, this is an opportunity you won't want to miss.
Details
| MLS # | MDDO2012582 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1930 |
| Days On Site | 72 |
| Listing Provided By | Benson & Mangold, LLC | Peter A Stark |
Features
| SQ Feet | 2,514 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | R-3 |
| Acreage | 0.20 |
Interior
| Cooling | Ceiling Fan(s), Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
| Interior Features | Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Floor Plan - Traditional |
| Appliances | Microwave |
Exterior
| Exterior Features | Outbuilding(s), Secure Storage |
|---|---|
| Roof | Asphalt, Shingle |
| Construction Materials | Aluminum Siding |
| Foundation Details | Crawl Space |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Electric Available, Water Available, Sewer Available |
|---|
Taxes
| Tax Annual Amount | 5532 |
|---|
Area Information
| State | MD |
|---|---|
| County | DORCHESTER MD |
| City | CAMBRIDGE |
| Zip Code | 21613 |
| Area | DORCHESTER MD |
| Community Name | EAST CAMBRIDGE |
| School District | DORCHESTER COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in EAST CAMBRIDGE) | |
Price: $325,000 low | high Med: $299,900 sqft: 2,514 low | high Med: 1,572 $ / sqft: $129 low | high Med: $191 On site: 72 low | high Med: 60 | |
Market Activity 21613
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Learn More About This Property
| State | MD |
|---|---|
| County | DORCHESTER MD |
| City | CAMBRIDGE |
| Zip Code | 21613 |
| Area | DORCHESTER MD |
| Community Name | EAST CAMBRIDGE |
| School District | DORCHESTER COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in EAST CAMBRIDGE) | |
Price: $325,000 low | high Med: $299,900 sqft: 2,514 low | high Med: 1,572 $ / sqft: $129 low | high Med: $191 On site: 72 low | high Med: 60 | |
