401-401-403 Ascension St, CUMBERLAND, MD 21502
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
401-401-403 Ascension St,CUMBERLAND, MD 21502
$122,500
- 4 Beds
- - Baths
- 2,082 sq. ft.
- Multi-family
- Active
Listed by:jason wade
Office:charis realty group
MLS#:MDAL2009828
Source:BRIGHTMLS
Price summary
- Price:$122,500
- Price per sq. ft.:$58.84
About this home
Vacant Brick Duplex in Prime Cumberland – Investor's Dream or House Hacker's Gem!
Discover an unparalleled opportunity in the heart of Cumberland, MD with this substantial, vacant brick duplex. Perfectly poised for a significant value-add transformation, this property is an ideal acquisition for seasoned investors seeking high ROI or savvy homebuyers aiming to achieve financial freedom through house hacking. It features two generously sized 2-bedroom, 1-bathroom units, each designed for tenant privacy with individual private entrances.
Built for enduring stability, the robust brick construction promises longevity and reduced maintenance costs. Each unit is thoughtfully equipped with separate utility meters, ensuring efficient expense management and clear accountability. Significant upgrades include the majority of windows replaced with energy-efficient vinyl, enhancing comfort and reducing utility bills for future occupants. Ample storage is a distinct advantage, with tenants benefiting from access to a large attic and a full basement.
This isn't just a property; it's a proven income generator awaiting your vision. While cosmetic updates – including fresh paint, new flooring, and modern appliances – will unlock its full splendor, the duplex boasts a strong rental history, previously commanding $800 per unit for a total monthly income of $1600. Imagine the amplified rental revenue achievable with strategic, personalized renovations! Furthermore, its significant potential for Section 8 tenancy offers a reliable and consistent income stream, providing peace of mind for landlords.
Location is paramount, and this Cumberland duplex delivers. Enjoy the convenience of easy walking distance to essential amenities like grocery stores, diverse restaurants, and gas stations, guaranteeing a high quality of life for your future tenants. Seamless commuting and regional access are further enhanced by its close proximity to the nearest highway exit. Whether you're expanding your portfolio or embarking on a smart homeownership journey, this duplex represents an exceptional value proposition in a highly sought-after location. Don't miss your chance to capitalize on this incredible opportunity – be sure to explore the detailed walk-through video to fully grasp the immense potential that awaits!
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Home facts
- Year built:1920
- Listing Id #:MDAL2009828
- Added:360 day(s) ago
- Updated:August 21, 2025 at 01:30 PM
Rooms and interior
- Bedrooms:4
- Living area:2,082 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Baseboard - Electric, Electric, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Building area:2,082 sq. ft.
- Lot area:0.08 Acres
Schools
- High school:FORT HILL
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$122,500
- Price per sq. ft.:$58.84
- Tax amount:$777 (2023)
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