2200 Diamond Hill Road Cumberland

$729,000
2,914 sq ft

The Property

Fantastic Opportunity to own a Mixed Use 4-Unit located between Chapel Four Corners and I295 on Diamond Hill Road. Currently there are 2 Commercial Units on the 1st Level and 2 Residential Apartments on the 2nd Level. Separate Electrical Meters for each unit and a House Meter. Three Units are Heated and Cooled with Ductless Units and one unit is Heated with Electric Baseboard and Cooled with a Window Unit.

Hot Water is paid by the owner along with the Water and Sewer. Building is Fire Alarmed. The one Commercial Vacancy was being occupied by the owner. Parking for 8 to10 vehicles. Additional income generated for a sign that is located on the property for a neighboring assisted living facility. This property can be purchased on its own or can be purchased along with adjacent 6-Unit and 17,000 Sq ft Vacant Lot.

MLS #1389136

Many possibilities…!

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Listing Details

MLS Number

1397643

Lot Size:

0.24 acres

Features

  • Bus
  • Golf
  • Highway Access
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Baseboard, Heat Pump
  • Heating Fuel: Baseboard, Heat Pump
  • Laundry
  • Paved
  • Sidewalks
  • Free Standing
  • Suburban
  • Year Built: 1960

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Market Trends for Commercial Properties
in Cumberland

  • Overview
    Homes for Sale Today16-82.8% decrease in inventory
    New on Market *2-33.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$298.70$49 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Re/Max Town & Country

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