445 N Mechanic St N, Cumberland, MD 21502
Local realty services provided by:Better Homes and Gardens Real Estate Premier
445 N Mechanic St N,Cumberland, MD 21502
$249,000
- 3 Beds
- - Baths
- 2,060 sq. ft.
- Multi-family
- Active
Listed by: dustin summers, saad jamil
Office: samson properties
MLS#:MDAL2015734
Source:BRIGHTMLS
Price summary
- Price:$249,000
- Price per sq. ft.:$120.87
About this home
Investment opportunity in Cumberland with stable tenants, established property management, and room to increase income. This two-unit property is currently generating $1,875/month in total rental income, with long-term tenants who have occupied the property for multiple years. Current market rents are estimated at approximately $2,300–$2,400/month combined, providing potential upside for the next owner. Tenants pay all utilities, with separate electric and water meters in place; gas expense is split between the two units. Property management is already established, offering a streamlined transition for an investor.
Sale also includes the adjacent gravel lot, conveyed on a separate deed, providing valuable off-street parking as well as potential future development opportunities, subject to applicable zoning and approvals. At the current asking price of $249,000, the property offers an attractive combination of existing cash flow, long-term tenancy, rental upside, and additional land. Great opportunity to add a stabilized multifamily asset to your portfolio....
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Home facts
- Year built:1910
- Subdivision & Development:NONE AVAILABLE
- Listing ID #:MDAL2015734
- Added:5 day(s) ago
- Updated:October 30, 2026 at 02:35 PM
Rooms and interior
- Bedrooms:3
- Rooms Total:3
- Kitchen Description:Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
- Basement:Yes
- Basement Description:Interior Access
- Living area:2,060 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1910
- Building area:2,060 sq. ft.
- Lot area:0.05 Acres
- Architectural Style:Traditional
- Construction Materials:Brick Veneer
- Exterior Features:Sidewalks, Street Lights
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$249,000
- Price per sq. ft.:$120.87
- Tax amount:$2,247 (2026)
Parking
- Parking description:Off Street, Parking Lot
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