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About the Listing BAM9 - 3313939
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.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
MDDO2012582
Year Built
1930
Total Square Footage
2,514
Lot/Acreage
0.2
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances: Microwave
- Air Cond: Ceiling Fan(s),Window Unit(s)
- Heating: Radiator
- Fireplaces: 1, 1 Fireplace
- Floor: Hardwood
- Above Ground Sq Ft: 2514
- Below Ground Sq Ft: 0
- Basement: Outside Entrance,Interior Access
- Other: Bathroom - Tub Shower,Ceiling Fan(s),Dining Area,Floor Plan - Traditional
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-3
- Roof: Asphalt,Shingle
- Others: Outbuilding(s),Secure Storage
- Sewer: Public Sewer
- Parking Features: Off Street,Driveway
Financial Details
- Tax Amount: $5,532
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
416 Maryland Ave Cambridge, MD 21613
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