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876 Maryland Avenue

Cumberland, MD 21502

– beds
– baths
2,604 sqft
3,750 sqft lot
$69 per sqft
1925 build

Introducing a lucrative investment opportunity situated on Maryland Avenue, this property features three units configured as a duplex. The first side boasts 4 bedrooms and 2 full baths and is leased at $1000 per month, offering a steady stream of income. On the other side of the duplex, you'll find two separate up-and-down units. One unit is 2 bedrooms and 1 bath and is rented for $650 per month, while the other unit is 1 bedroom and 1.5 baths and is rented for $600 monthly, contributing to a substantial annual gross income of $27,000 with a commendable rental history. Don't miss the chance to capitalize on this investment – schedule your showing today to seize this promising opportunity!

Listing courtesy of BRIGHT / Gates Realty

Last checked: Checking… • Last updated Apr 12, 2024 •

MLS# MDAL2008604 —

The Building

Year Built:

1925
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Brick
Structure Type:

Detached
Architectural Style:

Other
Building Units Total:

3
Roof:

Slate
Door Features:

Storm
Window Features:

Storm
Accessibility Features:

None
Foundation Details:

Block
Basement:

Yes
Basement Type:

Partial, Unfinished
Total SqFt Source:

Estimated

Interior

Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2604
Living Area SqFt:

2,604 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Conventional, VA, FHA, Cash
Possession:

Settlement

Location

Directions:

GPS
Latitude:

39.64207076
Longitude:

-78.75928658

The Property

Property Type:

Multi-Family
Property Sub Type:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.09
Lot Size Source:

Estimated
Lot SqFt:

3,750 Sqft
Zoning:

RES
View:

City
In City Limits:

Yes
Outdoor Living Structures:

Porch(es)
Other Structures:

Above Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0104049438
Tax Year:

1996
Tax Lot:

8
Tax Annual Amount:

$566
Tax Assessed Value:

$27,820
Year Assessed:

1996
County Tax:

275.00
City/Town Tax:

291.00
Total Taxes Pymnt Freq:

Annually

The Listing

Buyer's Brokerage Compensation:

2.25%
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:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

High School:

FORT HILL
School District Name:

Allegany County Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1
Vacation Rental:

No
One Bedroom Units:

1
Two Bedroom Units:

1

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
4/10/24 Apr 10, 2024	Listed / Active	BRIGHT	$180,000

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This multifamily located in Cumberland, MD 21502 is currently for sale for $180,000. 876 Maryland Avenue is a 2,604 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Fort Hill High School, Washington Middle School, and John Humbird Elementary School.

Listing Courtesy of: BRIGHT and Gates Realty.

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.