$20,000

308 E Harrison St Cumberland, MD 21502

Estimated payment $132/month

Total Views 5,269
2 Beds
1 Bath
1,368 Sq Ft
$15 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Radiator
  • Wood Flooring

About This Home

Investor Opportunity — Two Properties, Six-Unit Potential in the Heart of Cumberland! Attention investors and contractors — this is the value-add opportunity you’ve been waiting for. 306 E. Harrison Street (MLS# MDAL2013696) and 308 E. Harrison Street (MLS# MDAL2013694) are being sold together, offering the potential to create six total rental units between the two buildings. 306 E. Harrison Street has already been gutted, providing a clean slate for renovation and redevelopment. Two properly zoned buildings plus a parking lot to build( 6 ) 2 bed room units in a high demand area. Interior demolition and clean out has been done on the larger unit. Existing dual services for electric, gas, water and sewer. Extra lot offers additional parking or expansion.
With the right vision and design, this structure could be transformed into four income-producing units. Next door, 308 E. Harrison Street presents the opportunity to renovate and configure the property into two additional rental units, completing a strong multi-unit investment package. Once fully renovated, this six-unit portfolio could generate approximately $5,000–$6,000+ in monthly rental income, depending on finishes, unit configuration, and market rents — making this an excellent opportunity for long-term cash flow or portfolio expansion. Location is key, and these properties deliver. Situated in the City of Cumberland, you’ll enjoy: Easy access to I-68 (east and west),Close proximity to UPMC Western Maryland, Minutes from downtown Cumberland shopping, restaurants, and entertainment, Near the C&O Canal Towpath, Great Allegheny Passage (GAP Trail), and scenic Rocky Gap State Park and Convenient access to public transportation and local employers. Whether you’re an experienced investor, contractor, or developer looking for your next project, this is your blank canvas to create value and build equity. Call today for more information or to schedule a tour! Priced to sell! Each property is priced separately! Together-$59K.

Listing Agent

Pam Terry

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC Brokerage Phone: 8888607369 Listed on: 01/11/2026

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1898

Lot Details

  • 1,150 Sq Ft Lot

Parking

  • On-Street Parking

Property Views

  • City
  • Woods
  • Mountain

Home Design

  • Side-by-Side
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Plaster Walls
  • Rubber Roof

Interior Spaces

  • Property has 2 Levels
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiator
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0122004301

Townhouse Details

Home Type

Townhome

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1898
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block, Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1548
  • Living Area Sq Ft: 1368
  • Price Per Sq Ft: 14.62
  • Above Grade Finished Sq Ft: 1368
  • Below Grade Sq Ft: 180
  • Total Below Grade Sq Ft: 180
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • View: City, Mountain, Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1150.00
  • Property Condition: Major Rehab Needed
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 730.00
  • Assessor Parcel Number: 0122004301
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $339 $36,967 $0 $0
2024 $305 $32,533 $0 $0
2023 $261 $28,100 $1,500 $26,600
2022 $255 $27,433 $0 $0
2021 $250 $26,767 $0 $0
2020 $242 $26,100 $1,500 $24,600
2019 $244 $26,100 $1,500 $24,600
2018 $246 $26,100 $1,500 $24,600
2017 $242 $26,100 $0 $0
2016 $245 $25,533 $0 $0
2015 $235 $24,967 $0 $0
2014 $235 $24,400 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2026 01/11/26 For Sale $20,000 +33.3% $15 / Sq Ft
01/03/2025 01/03/25 Sold $15,000 -42.3% $11 / Sq Ft View Prior Sale
12/07/2024 12/07/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $26,000 +52.9% $19 / Sq Ft
01/28/2022 01/28/22 Sold $17,000 -10.5% $12 / Sq Ft View Prior Sale
01/15/2022 01/15/22 Pending -- -- --
01/08/2022 01/08/22 Price Changed $19,000 -33.3% $14 / Sq Ft
12/09/2021 12/09/21 For Sale $28,500 -- $21 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $15,000 None Listed On Document
Deed $15,000 None Listed On Document
Deed $17,000 None Listed On Document
Deed $10,000 None Available
Quit Claim Deed $3,600 Servicelink
Deed $20,000 --
Deed $10,600 --
Deed $15,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $7,420 No Value Available
Previous Owner $12,400 No Value Available
Closed -- No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: MDAL2013694

Bright MLS

APN: 22-004301