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Listing photo 2
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816 Fairmount Ave, Cambridge, MD, 21613

3beds
--baths
1,312sqft
$125,000
$95price/sqft
$1,172/moest. monthly cost
$46,880/yrincome needed

About This Home

Attention Investors.! An excellent opportunity to own a two‑unit multifamily property with strong investment potential. This solid two‑unit multifamily investment property offers excellent upside for the right buyer. Each unit provides its own private entrance, separate utilities, and flexible floor plans ideal for long‑term tenants or short‑term rental strategies. The home needs repairs and updates throughout, giving investors the opportunity to add value quickly and increase rental income. Located in a convenient area close to local amenities, this property is well‑positioned for strong future returns once renovated. Perfect for contractors, seasoned investors, or anyone looking to build equity through improvement.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

2/10
2/10

Construction

Condition

  • Year built: 1928

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Vinyl Siding,Other

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,312
  • Total interior livable area: 1,312 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1007123450
  • Zoning: R-3
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 2,200 sqft

Parking

  • Parking features: Off Street