Michelle Kenney Pappas
BEDS4
BATHS2 full
SQUARE FEET2,514
MLS#MDDO2012580
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SUBDIVISIONEAST CAMBRIDGE
SCHOOLDORCHESTER COUNTY PUBLIC SCHOOLS
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.
Property Features
Property Type: Residential - Single Family
Basement: Outside Entrance, Interior Access
Basement: Yes
Cooling: Ceiling Fan(s), Window Unit(s)
Fireplaces: 1
Fuel Type: Oil
Heating: Radiator
Home Style: Colonial
Lot Size: 0.20 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $5,532
Year Built: 1930
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Microwave
Exterior: Aluminum Siding
Exterior: Outbuilding(s), Secure Storage
Flooring: Hardwood
Interior: Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Floor Plan - Traditional
Lot Dimensions: 0.20 Acre(S)
Municipality: Cambridge
Parking Notes: 3 Total Parking Spaces
Pet Restrictions: No Pet Restrictions
Rooms: Basement, Laundry, Attic
Sewer: Public Sewer
SQFT Above Finished: 2514
SQFT Total Finished: 2514
Structure Type: Detached
Total Garage/Parking Spaces: 3
Utilities: Electric Available, Water Available, Sewer Available
Water: Public
Local Schools
School District: DORCHESTER COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Benson & Mangold, LLC
Agency Phone: 4108226665
Shown By
Agent Name: Michelle Kenney Pappas
Agent Phone: Cell: (410) 303-9897
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,279.10 per month $723.31 Principal & Interest $461.00 Property Tax $94.79 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
416 Maryland Avenue, Unit A & B | MLS# MDDO2012580
This single family home located at 416 Maryland Avenue, Unit A & B, Cambridge, MD 21613 is currently listed for sale with an asking price of $325,000. This property was built in 1930 and has 4 bedrooms and 2 full baths with 2514 sq. ft. Maryland Avenue, Unit A & B is located in the EAST CAMBRIDGE subdivision within the DORCHESTER COUNTY PUBLIC SCHOOLS school district. Search EAST CAMBRIDGE real estate on www.michellepappas.com today.