301 BALTIMORE AVE Cumberland, MD 21502
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDAL2013112
Year Built 1920
Annual Tax Amount $3,307
Tax Year 2024
Lot Size 2,475 Sqft
Acres 0.06
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Each unit has separate electric and water.
Unit 1: 1 bedroom/1 full bath -rented at $875/month. Features hardwood floors, in unit laundry and a new hot water heater.
Unit 2: 2 bedroom/2 bath - rented at $775/month - One of the bedrooms is being updated and will have new flooring
Unit 3: 2 bedroom/2 bath -currently vacant. Offers in unit laundry, hardwood floors, an open kitchen with island and fantastic city and mountain views. (Formally rented for $950/month)
Unit 4: 1 bedroom/1 bath - rented at $850/month. Features new hot water tank, new carpet, new floors, fresh paint and new kitchen countertops. This unit has central air.
The bottom unit has street front windows perfect for office space.
The basement has been waterproofed in 2024 and a new sump pump was installed.
With strong rental income, minimal maintenance, and multiple income streams, this property offers immediate cash flow and long-term growth potential. A solid addition to any investment portfolio in a revitalizing downtown area.
Location
State MD
County Allegany
Area S Cumberland - Allegany County (Mdal2)
Zoning R-O
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Heat Source Natural Gas
Exterior
Water Access N
View City, Mountain
Roof Type Other
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools West Side
Middle Schools Braddock
High Schools Allegany
School District Allegany County Public Schools
Others
Tax ID 0122009443
Ownership Fee Simple
Special Listing Condition Standard
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