Investors, this is an income producing, three unit building with three separate apartments, just a few minutes walk to downtown Oakland. Main level and upper level are two bedroom units and basement unit is a one bedroom. All units have current leases in place. One renter has been renting for 12 years, one for 10 years, and the third for two years. The entire building is in excellent condition. Per the renter's request, no interior pictures are being shown.
The median home value in Oakland, MD is $350,000. This is higher than the county median home value of $281,900. The national median home value is $338,100. The average price of homes sold in Oakland, MD is $350,000. Approximately 44.01% of Oakland homes are owned, compared to 38.07% rented, while 17.92% are vacant. Oakland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oakland real estate agent to arrange a tour today!
Oakland, Maryland has a population of 2,187. Oakland is more family-centric than the surrounding county with 39.88% of the households containing married families with children. The county average for households married with children is 25.57%.
The median household income in Oakland, Maryland is $59,250. The median household income for the surrounding county is $58,011 compared to the national median of $69,021. The median age of people living in Oakland is 42.7 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 50.9 inches per year, with 126.9 inches of snow per year.