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.
48 days
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155
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13
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Zillow last checked:
Listing updated:
Listed by:
PETER Stark410-253-2484,
Benson & Mangold, LLC4108226665,
Listing Team: Chesapeake Bay Properties Team Of Benson & Mangold
Source: Bright MLS,MLS#: MDDO2012580
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1
Rooms
Room types: Basement, Laundry, Attic
Other
Level: Upper
Basement
Level: Lower
Laundry
Level: Main
Heating
Radiator, Oil
Cooling
Ceiling Fan(s), Window Unit(s), Electric
Appliances
Included: Microwave, Electric Water Heater
Laundry: Main Level, Laundry Room
Features
Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Floor Plan - Traditional