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Cumberland,MD 21502
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,082 sqft
Price per Sqft $58
MLS Listing ID MDAL2009828
Style Colonial
Abv Grd Liv Area 1,682
Originating Board BRIGHT
Year Built 1920
Available Date 2024-09-13
Annual Tax Amount $777
Tax Year 2023
Lot Size 3,446 Sqft
Acres 0.08
Property Sub-Type Twin/Semi-Detached
Property Description
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!
Location
State MD
County Allegany
Area S Cumberland - Allegany County (Mdal2)
Zoning RESIDENTAL
Rooms
Basement Other,Partially Finished,Walkout Level
Interior
Interior Features Floor Plan - Traditional,Kitchen - Eat-In
Hot Water Electric
Heating Baseboard - Electric
Cooling Wall Unit
Flooring Laminated,Ceramic Tile
Equipment Stove,Refrigerator
Fireplace N
Appliance Stove,Refrigerator
Heat Source Electric,Natural Gas
Exterior
Utilities Available Phone Available,Natural Gas Available
Water Access N
Roof Type Asphalt
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade,Below Grade
New Construction N
Schools
High Schools Fort Hill
School District Allegany County Public Schools
Others
Tax ID 0104021444
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s),Smoke Detector
Acceptable Financing Negotiable
Listing Terms Negotiable
Financing Negotiable
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/shorts/rGSVIW_4aHU