876 Maryland Avenue Cumberland, MD ^$ 180,000

876 Maryland Avenue

^$ 180,000

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876 Maryland Avenue

Cumberland, MD, 21502

^$ 180,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 1,196

876 Maryland Avenue, Cumberland, MD 21502 - Image 1

876 Maryland Avenue, Cumberland, MD 21502 - Image 2

Multi-Family Home for sale in Cumberland, MD

for $180,000 with 3 bedrooms. This home was built in 1925 on a lot size of 0.09.

Introducing a lucrative investment opportunity situated on Maryland Avenue, this property features three units configured as a duplex. The first side boasts 4 bedrooms and 2 full baths and is leased at $1000 per month, offering a steady stream of income. On the other side of the duplex, you'll find two separate up-and-down units. One unit is 2 bedrooms and 1 bath and is rented for $650 per month, while the other unit is 1 bedroom and 1.5 baths and is rented for $600 monthly, contributing to a substantial annual gross income of $27,000 with a commendable rental history. Don't miss the chance to capitalize on this investment schedule your showing today to seize this promising opportunity!

Multi-Family Active

Price

^$ 180,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 566

Style

Lot Size

0.09

Year Built

1925

Town/City

Cumberland

County/Region

Allegany

MLS | Web ID

MDAL2008604

Features

Interior

Heating Fuel Natural Gas

Basement Partial Unfinished

Hot Water Natural Gas

Basement (Y/N) Y

Heating Y/N Y

Window Features Storm

Fireplace Y/N N

Street Suffix AVENUE

Central Air Y/N N

General

Sewer Public Sewer

Heating Forced Air

Cooling None

Possession Settlement

Roof Slate

Zoning RES

Pool Y/N No Pool

Patio/Porch Features Porch(es)

Architectural Style Other

Construction Materials Brick

Year Built 1925

View City

Property SubType Triplex

Tax Year 1996

Percent Ownership Fee Simple

Cool Fuel None

Municipality CUMBERLAND

Section D

Accessibility None

County ALLEGANY

New Construction N

Property Type Multi-Family

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade

Status ACTIVE

Directions GPS

City CUMBERLAND

Buyer Agent Compensation 2.25

Total Units 3

MLS Area S Cumberland - Allegany County (MDAL2)

Lot Size Square Feet 3750.00

Waterfront Y/N N

Street Name MARYLAND

Tax Annual Amount 566.0

Two Bedroom 1

Structure Type Detached

Price Per Sq Ft 69.12

Acceptable Financing Conventional VA FHA Cash

Vacation Rental Y/N N

Days on Market 21

Standard Status Active

Year Built Source Estimated

Tax Lot 8

Total Actual Rent 27000.00

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking On Street

Foundation Details Block

Water View Y/N N

Lot Size Acres 0.09

Lot Size Units Square Feet

Lot Size Source Estimated

Door Features Storm

Land Assessed Value 4680.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 876

* Excluded Features

List By

Gates Realty

Broker

jpf21502@gmail.com

Affordability Calculator

$1,244

Per Month

Monthly Principal & Interest: $1,196
Monthly Property Taxes: $47
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cumberland, MD

Average List Price ^$124,525

Percent of Sale Price 31%

About Cumberland, MD

19,806 Population

-9% Since 2002

^$33,685 Median Income

41.47 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3534976 Elementary School

3534179 Middle School

Fort Hill High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$180,000		Listed Price

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876 Maryland Avenue, Cumberland, MD, 21502 is a Multi-Family Home for sale at $180,000 with a lot size of 0.09. 876 Maryland Avenue has 3 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 21502 which is in Cumberland, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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876 Maryland Avenue

Multi-Family Home for sale in Cumberland, MD

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