420 PINE AVE Cumberland, MD 21502

OWNER FINANCING ON COMPLETELY REHABBED FOUR BEDROOM COLONIAL ACROSS FROM PARK. And this property is very close to Constitution Park as well.
Just move in and enjoy community gardening, basketball or watching deer run along the mountain ridge behind your new home. Everything is new - check the pictures for new wiring, new plumbing, new electric baseboard heaters, new carpet, paint and ceramic floors as we;; as Hot water heater, roof, exterior paint. Clean and ready to go.
Owner financing at 7% fixed, 30 year amortized loan with owner holding the paper. 15% down, no bank qualifying but buyers must submit financials. Credit score of 650 or higher.
Location, location, location - less than a minute drive to 68, Route 40, hospital and community college. City inspected. Lead reports available. Investors welcome. Please ignore City and County assessments as the property has been fully rehabbed within the past six months.
INVESTORS; MANAGEMENT IN PLACE AND WILL FIND A TENANT FOR YOU AT NO CHARGE WITH ONE YEAR MANAGEMENT CONTRACT. Estimated rent between 1200-1300/month. Positive cash flow.
At $150K with $22,500 down (15%), amortized over 30 years, the monthly payment would be the mortgage payment (848) plus taxes (approx. 90) plus insurance. At 20% down, the numbers are even better. No HOA fees. With all the major features new (roof, heat, HWH, electrical, appliances) you should have few expenses for years.