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 $375,000. This is higher than the county median home value of $167,300. The national median home value is $219,700. The average price of homes sold in Oakland, MD is $375,000. Approximately 38.58% of Oakland homes are owned, compared to 42.53% rented, while 18.89% 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 1,744. Oakland is less family-centric than the surrounding county with 17.21% of the households containing married families with children. The county average for households married with children is 28.93%.
The median household income in Oakland, Maryland is $32,600. The median household income for the surrounding county is $48,174 compared to the national median of $57,652. The median age of people living in Oakland is 52.6 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 46.2 inches per year, with 89.2 inches of snow per year.