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508 514 Bedford Street

Cumberland, MD 21502

Name: Open House: 5:45pm-7pm
Start: 2024-04-25T17:45:00
End: 2024-04-25T19:00:00
Location: 508 514 Bedford Street

– beds
– baths
4,124 sqft
7,200 sqft lot
$60 per sqft
1907 build

INVESTMENT OPPORTUNITY! Quadruplex on North End! The historical Federal architectural design is truly timeless! Only minutes from I-68, these multi-unit townhome apartments feature a common area, various conveying appliances, City View’s, Mountain View’s, one bathroom in each unit, and full vacancy with income producing capabilities! Rental projections for the 3 bedrooms units (2 apartments) are $900 monthly, while the 2 bedroom units (2 apartments) project $750 monthly! Annual projected income is roughly $39,000! This is a must see!

Listing courtesy of BRIGHT / Coldwell Banker Premier

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# MDAL2008642 —

The Building

Year Built:

1907
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Structure Type:

Other
Architectural Style:

Bi-level, Federal
Building Units Total:

4
Roof:

Rubber
Accessibility Features:

None
Basement:

Yes
Basement Type:

Partial
Total SqFt Source:

Assessor
Total Below Grade SqFt:

700
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

4124

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

4824
Living Area SqFt:

4,124 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

GPS
Latitude:

39.65958000
Longitude:

-78.75932000

The Property

Property Type:

Multi-Family
Property Sub Type:

Quadruplex
Property Condition:

Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.17
Lot Size Source:

Assessor
Lot SqFt:

7,200 Sqft
Zoning:

R-L
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:

003
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0105013070
Tax Year:

2023
Tax Annual Amount:

$1,339
Tax Assessed Value:

$67,300
Year Assessed:

2023
County Tax:

626.00
City/Town Tax:

713.00
Total Taxes Pymnt Freq:

Annually

The Listing

Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Baseboard - Electric
Heating Fuel:

Electric

Utilities

Sewer Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

High School:

ALLEGANY
School District Name:

Allegany County Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

North End
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2,Unit 4,Unit 3
Vacation Rental:

No
Two Bedroom Units:

2
Three 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	% Change
4/14/24 Apr 14, 2024	Listed / Active	BRIGHT	$250,000

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This multifamily located in Cumberland, MD 21502 is currently for sale for $250,000. 508 514 Bedford Street is a 4,124 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Braddock Middle School, Allegany High School, and Cash Valley Elementary School.

Listing Courtesy of: BRIGHT and Coldwell Banker Premier.

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.