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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.

Property Details of 700 Fayette Street

Property Details

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Courtesy of Charis Realty Group

Copyright 2025 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Steve Ritchie participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated April 27, 2025. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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