20
Map
$20,000
●
House -
For Sale
87 DOUGLAS AVENUE
LONACONING, MD 21539
Studio
0 Bath
2,448 Ft²
$141
Est. Monthly
About This Property
ONLINE AUCTION: This auction takes place on the Ashland Auction
Group website bidding platform. Bidding begins 10/14/2026, 10:00
AM. Bidding ends 10/16/2026, 12:10 PM. The list price is the
suggested opening bid. Deposit: $5,000.
This two-story detached townhouse is located in Lonaconing, MD within Allegany County. Residents can enjoy the nearby attractions and facilities such as the Lonaconing Iron Furnace. It is also a short drive away from Dans Mountain Wildlife area and its nearby campground and mountain pool. The property is vacant and is fire-damaged, in need of a major build-up. It has easy access to Mount Savage Road (MD-36), offering convenient connections to nearby communities, shopping, dining, and regional destinations in the Cumberland and Frostburg areas.
This two-story detached townhouse is located in Lonaconing, MD within Allegany County. Residents can enjoy the nearby attractions and facilities such as the Lonaconing Iron Furnace. It is also a short drive away from Dans Mountain Wildlife area and its nearby campground and mountain pool. The property is vacant and is fire-damaged, in need of a major build-up. It has easy access to Mount Savage Road (MD-36), offering convenient connections to nearby communities, shopping, dining, and regional destinations in the Cumberland and Frostburg areas.
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$8
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
1920
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 days ago (Bright MLS #MDAL2015342)
Price History
Property Highlights
Parking Details
Parking Features: Driveway
Exterior Details
Square Footage: 2448
Square Footage Source: $0
Architectural Style: Other
Year Built Source: Assessor
Year Built: 1920
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Other
Lot Size Area: 7750
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7750
Lot Size Dimensions: 50X155
Water Source: Other
Financial Details
Tax Assessed Value: $43,100
Tax Annual Amount: $503
Utilities Details
Cooling Type: None
Heating Type: Other
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Lonaconing
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Listed by: Adam M Shpritz
Ashland Auction Group LLC
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDAL2015342
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Ashland Auction Group LLC
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDAL2015342
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