Unlock the potential of this duplex located in downtown Cambridge! Whether you're looking to expand your investment portfolio or generate rental income, this property offers plenty of opportunity. The first unit features 3 bedrooms and 1 full bathroom, while the second unit offers 2 bedrooms and 1 full bathroom, providing flexibility for long-term tenants, owner-occupants, or future rental income. The second unit is vacant - potential to live in one unit and rent the other. Conveniently located just minutes from restaurants, waterfront, parks, and all that downtown Cambridge has to offer, this property is an excellent opportunity for buyers looking to build equity and add value through improvements. Bring your vision to life and capitalize on the potential this downtown duplex has to offer! Property is being sold strictly as-is.
Single-familyProperty Type
1910Year Built
4,625 sq ftLot Size
$119Price/Sq.Ft.
Listed by Mikeshia Lindsey• Chesapeake Real Estate Associates, LLC
Unlock the potential of this duplex located in downtown Cambridge! Whether you're looking to expand your investment portfolio or generate rental income, this property offers plenty of opportunity. The first unit features 3 bedrooms and 1 full bathroom, while the second unit offers 2 bedrooms and 1 full bathroom, providing flexibility for long-term tenants, owner-occupants, or future rental income. Conveniently located just minutes from restaurants, waterfront, parks, and all that downtown Cambridge has to offer, this property is an excellent opportunity for buyers looking to build equity and add value through improvements. Bring your vision to life and capitalize on the potential this downtown duplex has to offer! Property is being sold strictly as-is.
BRIGHT MLS #MDDO2003930
Mar 3, 2023
Sold
$150,000
$97/sq ft
Feb 17, 2023
Pending
—
Jan 19, 2023
Contingent
—
Dec 1, 2022
Listed
$159,000
$102/sq ft
This is a great investment property, 3 bedroom, 1 bath first floor unit and 2 bedroom 1 bath 2nd floor unit. The entire building has been recently updated with new windows, plumbing, electric, and roof. All new flooring and drywall throughout both units. All floor joists in crawl space have been replaced. 2 outbuildings and 2 driveways. Rental potential 1000 plus each unit. Low Maintenance property.
The Downtown/Waterfront Development District DWDD is applied to the mixed-use center of Cambridge. The district regulations are intended to promote compatibility in building form, a broad mixture of compatible land use types arranged in ways that foster efficient use of land and a walkable community. The uses permitted in this district and the special regulations pertaining to development are set forth separately in § 4.4 of this Ordinance.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
6/10 Wind Factor
75% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Cambridge, MD • 21613
Average low and high temperatures (°F)
40
27
44
31
61
42
70
51
74
59
86
67
89
74
81
67
78
65
69
53
59
44
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 313 Washington St
$186,000
$500 over list price of $186K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $58K to $220K.