416 MARYLAND AVENUE

$325,000

416 MARYLAND AVENUE, CAMBRIDGE, MD 21613

Bedrooms

4
Sq.Ft.

2,514

Property 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.

Overview

Property Status

For Sale

Lot Size

8,736 Sq.Ft.

MLS ID

MDDO2012582

Property Type

Multi-Family

Year Built

1930

Are you interested?

Schedule a Tour

or

Peter Stark

(410) 253-2484 [email protected]

Features & Amenities

Total Area

3,294 Sq.Ft.

Neighborhood

Cambridge

Architecture Styles

Colonial

Water Source

Public

Utilities

Water Available, Sewer Available, Electricity Available

Pool

None

Roof

Asphalt, Shingle

Parking

Off Street, Driveway

Heat Type

Oil, Radiant

Air Conditioning

Ceiling Fan(s), Window Unit(s), Electric

Appliances

Electric Water Heater, Microwave

Other Interior Features

Ceiling Fan(s)

Sewer

Public Sewer

Other Exterior Features

Storage

School District

DORCHESTER COUNTY PUBLIC SCHOOLS

Sales Price

$325,000

Real Estate Tax

$5,532/yr

Zoning

R-3

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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416 MARYLAND AVENUE

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