$123,500 401 ASCENSION STREET , CUMBERLAND
- MLS#:MDAL2009828
- Property Type: Multi-Family
- Address: 401 ASCENSION STREET
- City / Zip:CUMBERLAND, MD 21502
- Area:CUMBERLAND
- County:ALLEGANY
- Bedrooms:0
- Bathrooms:0
- Acres:0.08
- Year Built:1920
- Zoning:RESIDENTAL
- Date Listed:09/13/2024
Agent's Comments
*MAJOR PRICE RUDUCTION*Discover this substantial, vacant brick duplex in Cumberland, MD, a prime canvas for your next investment project. This property has two 2-bedroom 1-bathroom units, each equipped with a private entrance. The property's solid brick construction ensures durability, while the separate utility meters for each unit provide efficient management. The majority of windows have been upgraded to energy-efficient vinyl replacements, enhancing comfort and reducing utility costs.While the units require some cosmetic updates, such as fresh paint, new flooring, and updated appliances, the strong rental history and potential for increased rental income make this a worthwhile investment. The large attic and basement storage spaces offer ample room for tenants' belongings.Whether you're a seasoned investor seeking to capitalize on a value-add opportunity or a first-time homebuyer looking to house hack, this Cumberland duplex presents a promising path to financial growth. All of the conveniences you need are within walking distance from food to gas and the closest highway exit. Excellent value! **Make sure you see the walk thru video!!**
- Listing provided courtesy of the MLS.