PRIME INVESTMENT OPPURTUNITY! Recently renovated (including plumbing and electric) in 2025, this triplex is a rare opportunity in the heart of downtown Oakland, MD. With three separate units, you'll have the potential for three streams of rental income from one property. Buyer could live in one unit and rent the other units out to help offset mortgage costs! Whether you're a seasoned investor or just getting started, this turnkey property offers updated finishes, strong income potential, and a prime location just steps from shops, restaurants, and everything downtown has to offer. Top floor is 1-bedroom and 1-bathroom. Middle floor is 2-bedroom and 1-bathroom. Bottom floor is 2-bedroom, 1-bathroom and has a laundry hookup. Contact me today with any questions or to schedule a time to tour the property!
| MLS # | MDGA2012446 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1926 |
| Days On Site | 84 |
| Listing Provided By | Railey Realty, Inc. | Lucas Alan Muenchow |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,652 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | R |
| Acreage | 0.13 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
| Construction Materials | Frame, Block |
|---|---|
| Foundation Details | Block |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 1262 |
|---|
| State | MD |
|---|---|
| County | GARRETT MD |
| City | OAKLAND |
| Zip Code | 21550 |
| Area | GARRETT MD |
| Community Name | OAKLAND |
| School District | GARRETT COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in OAKLAND) | |
Price: $365,000 low | high Med: $264,500 sqft: 2,652 low | high Med: 1,600 $ / sqft: $138 low | high Med: $165 On site: 84 low | high Med: 511 | |
| State | MD |
|---|---|
| County | GARRETT MD |
| City | OAKLAND |
| Zip Code | 21550 |
| Area | GARRETT MD |
| Community Name | OAKLAND |
| School District | GARRETT COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in OAKLAND) | |
Price: $365,000 low | high Med: $264,500 sqft: 2,652 low | high Med: 1,600 $ / sqft: $138 low | high Med: $165 On site: 84 low | high Med: 511 | |
![]() | $449,000425 E Alder StOakland, MD 21550 |