11023 Old Mount Savage Road NW
La Vale, MD 21502
Map
- – beds
- – baths
- 2,535 sqft
- ~1/2 acre lot
- $74 per sqft
- 1920 build
Calling all investors! This fully leased 5-unit property is a rare find at under $200K—featuring four spacious 2-bedroom, 1-bath units in the main building plus a charming 2-bedroom carriage house in the rear. With strong, steady rental income and mostly long-term tenants on flexible month-to-month leases, this property is already working for you. Each unit offers its own kitchen, comfortable living space, and classic charm with plenty of potential to increase rents and maximize value. Recent upgrades include a brand-new roof on the main building (August 2024) and a newer roof on the carriage house (May 2021). Whether you're looking to expand your portfolio or dive into multi-family investing, this is a prime opportunity with built-in upside. Don’t miss out!
Last checked:
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Last updated Jun 13, 2025
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MLS# MDAL2011778 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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Roof:Architectural Shingle
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New Construction:No
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Construction Materials:Aluminum Siding
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Building Units Total:4
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Structure Type:Detached
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Architectural Style:Farmhouse/National Folk
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Accessibility Features:None
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Foundation Details:Permanent
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Basement:Yes
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Basement Type:Connecting Stairway
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Total SqFt Source:Assessor
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Total Below Grade SqFt:619
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2535
Interior
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Interior Features:Bathroom - Tub Shower, Carpet, Dining Area, Kitchen - Eat-In, Kitchen - Table Space, Family Room Off Kitchen
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Flooring Type:Carpet, Ceramic Tile, Vinyl, Laminate Plank
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3154
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Living Area SqFt:2,535 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:From Cumberland Route 36 past Timbrook GMC - Right onto Rt. 40/National Hwy SW - Right on Old Mount Savage Rd. to #11023 house on Left
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Latitude:39.67078850
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Longitude:-78.79329338
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.41
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Lot Size Source:Assessor
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Lot Features:Front Yard, Landscaping, SideYard(s), Rear Yard
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Lot SqFt:17,925 Sqft
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Zoning:R
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View:Garden/Lawn, Mountain, Trees/Woods
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In City Limits:No
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Outdoor Living Structures:Porch(es)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:M
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (703) 956-5128
- Office phone:
- (703) 679-1700
Taxes
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Tax ID Number:0129024014
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Tax Year:2024
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Tax Annual Amount:$1,881
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Tax Assessed Value:$173,067
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Year Assessed:2025
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County Tax:1881.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Ceiling Fan(s), Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric, Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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Elementary School:Cash Valley
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Middle School:Braddock
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High School:ALLEGANY
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School District Name:Allegany County Public Schools
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School District Source:Listing Agent
The Community
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Exterior Features:Bump-outs, Exterior Lighting
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Pool:No Pool
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Cap Rate:7.00
Parking
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Garage:No
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Type of Parking:Off Street
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Parking Features:Paved Driveway, Paved Parking, Private
Extra Units
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Vacation Rental:No
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Two Bedroom Units:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/13/25
Jun 13, 2025
|
Price Changed | BRIGHT | $188,085 | -5.9% |
|
5/23/25
May 23, 2025
|
Listed / Active | BRIGHT | $199,900 |
