401 Ascension Street
Cumberland, MD 21502
- – beds
- – baths
- 2,082 sqft
- 3,446 sqft lot
- $58 per sqft
- 1920 build
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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Last updated May 14, 2025
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MLS# MDAL2009828 —
The Building
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Year Built:1920
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Year Built Source:Estimated
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Roof:Asphalt
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New Construction:No
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Construction Materials:Frame
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Building Units Total:2
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Structure Type:Twin/Semi-Detached
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Architectural Style:Colonial
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Security Features:Carbon Monoxide Detector(s), Smoke Detector
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Other, Partially Finished, Walkout Level
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Total SqFt Source:Estimated
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Total Below Grade SqFt:400
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Total Below Grade SqFt Source:Estimated
Interior
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Interior Features:Floor Plan - Traditional, Kitchen - Eat-In
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Room Count:7
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Flooring Type:Laminated, Ceramic Tile
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2082
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Living Area SqFt:2,082 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Negotiable
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Possession:Immediate
Location
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Directions:GPS
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Latitude:39.64664000
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Longitude:-78.75460000
The Property
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Property Subtype:Duplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.08
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Lot Size Source:Estimated
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Lot SqFt:3,446 Sqft
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Zoning:RESIDENTAL
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (202) 409-6788
- Office phone:
- (301) 831-5099
Taxes
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Tax ID Number:0104021444
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Tax Year:2023
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Tax Annual Amount:$777
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Tax Assessed Value:$43,200
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Year Assessed:2023
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County Tax:363.00
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City/Town Tax:414.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Wall Unit
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric, Natural Gas
Utilities
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Utilities:Phone Available, Natural Gas Available
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Stove, Refrigerator
Schools
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High School:FORT HILL
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School District Name:Allegany County Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/14/25
May 14, 2025
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Price Changed | BRIGHT | $122,500 | -0.4% |
|
4/21/25
Apr 21, 2025
|
Price Changed | BRIGHT | $123,000 | -0.4% |
|
12/31/24
Dec 31, 2024
|
Price Changed | BRIGHT | $123,500 | -1.2% |
