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137 Polk Street

Cumberland, MD 21502

– beds
– baths
1,680 sqft
1,825 sqft lot
$104 per sqft
1910 build

This established "airbnb" gem is located in the heart of Cumberland and is ready to put money in your pocket! The income is unbelievable, and the best part is...IT COULD BE YOURS! The property features a top and bottom duplex each with 1 bedroom, 1 full bathroom, living room and kitchen. Both units will come fully furnished with the right offer so you can keep the income flowing with the "airbnb" rentals. Guests have raved about the close proximity to historic downtown Cumberland, the Cumberland Theatre, Western Maryland Scenic Railroad, the C&O Canal and GAP Trail and all the local bars, restaurants and shops! Now with all the work being done on the downtown mall it's going to drive even more guests your way! The current "housekeeper" is willing to stay on staff for the new owner and does a great job between guests and making sure the units are in pristine condition for each guest! The property comes with a side lot that allows for off street parking for the guests which is a huge asset! There is a shared entrance, and each unit has laundry that guests are able to take advantage of as well.

Listing courtesy of BRIGHT / Charis Realty Group

Last checked: Checking… • Last updated May 1, 2024 •

MLS# MDAL2007262 —

The Building

Year Built:

1910
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Structure Type:

Detached
Architectural Style:

Bi-level
Building Units Total:

2
Accessibility Features:

Other
Foundation Details:

Other
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1680

Interior

Interior Features:

2nd Kitchen, Entry Level Bedroom, Ceiling Fan(s)
Fireplace:

No
Wall & Ceilings:

High
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1680
Living Area SqFt:

1,680 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Subject to Existing Lease

Location

Directions:

Centre Street to Polk St. Go by the property and turn right and parking area is on the left.
Latitude:

39.65466000
Longitude:

-78.76233000
Location Type:

Downtown

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Property Condition:

Very Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.04
Lot Size Source:

Estimated
Lot Features:

Additional Lot(s)
Lot SqFt:

1,825 Sqft
Inclusions:

All items currently in the property for use with the Air B&B will be part of the sale with a valid offer.
Zoning:

CUMBERLAND
Road Responsibility:

City/County
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

RC
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0114003274
Tax Year:

2023
Tax Lot:

2-3
Tax Annual Amount:

$762
Tax Assessed Value:

$38,300
Year Assessed:

2023
County Tax:

356.00
City/Town Tax:

405.00
Total Taxes Payment Frequency:

Annually

The Listing

Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Baseboard - Electric
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Appliances

Appliances:

Refrigerator, Water Heater, Stove

Schools

Elementary School:

West Side
Middle School:

Braddock
High School:

ALLEGANY
School District Name:

Allegany County Public Schools
School District Source:

3rd Party

The Community

Subdivision Name:

None Available
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

None

Extra Units

Other Units:

Unit 1,Unit 2
Vacation Rental:

No
Units Furnished:

All
One Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
4/29/24 Apr 29, 2024	Pending	BRIGHT	$175,000
4/7/24 Apr 7, 2024	Sold Subject To Contingencies	BRIGHT	$175,000
3/6/24 Mar 6, 2024	Listed / Active	BRIGHT	$175,000

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This multifamily located in Cumberland, MD 21502 is currently pending sale for $175,000. 137 Polk Street is a 1,680 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Allegany High School, Braddock Middle School, and Cash Valley Elementary School.

Listing Courtesy of: BRIGHT and Charis Realty Group.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.