301 Baltimore Ave, Cumberland, MD 21502
Local realty services provided by:Better Homes and Gardens Real Estate Premier
301 Baltimore Ave,Cumberland, MD 21502
$345,000
- 6 Beds
- - Baths
- 4,712 sq. ft.
- Multi-family
- Active
Listed by: jennifer jackson
Office: charis realty group
MLS#:MDAL2013158
Source:BRIGHTMLS
Price summary
- Price:$345,000
- Price per sq. ft.:$73.22
About this home
Excellent investment opportunity in the heart of Cumberland, Maryland. This well maintained four-unit apartment building with a ground level commercial space is in excellent condition, mostly rented and priced to sell. The versatile commercial space on the ground floor offers additional income potential- ideal for office, retail or storage. Located close to downtown amenities, shops and restaurants, this is a fantastic investment opportunity.
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....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:MDAL2013158
- Added:165 day(s) ago
- Updated:March 31, 2026 at 01:32 PM
Rooms and interior
- Bedrooms:6
- Flooring:Hardwood
- Living area:4,712 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1920
- Building area:4,712 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Downtown
- Construction Materials:Stucco
- Foundation Description:Block
Schools
- High school:ALLEGANY
- Middle school:BRADDOCK
- Elementary school:WEST SIDE
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$345,000
- Price per sq. ft.:$73.22
- Tax amount:$3,307 (2024)
Features and amenities
- Amenities:200+ Amp Service
Parking
- Parking description:On Street
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