$185,000

878 Maryland Ave Cumberland, MD 21502

Estimated payment $1,033/month

Total Views 27,475
-- Bed
-- Bath
2,604 Sq Ft
$71 Price per Sq Ft

Highlights

  • City View
  • Storm Windows
  • Forced Air Heating System
  • Porch

About This Home

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 Agent

Jared Fradiska

Gates Realty Listed on: 04/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1925

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Slate Roof

Interior Spaces

  • 2,604 Sq Ft Home
  • City Views
  • Unfinished Basement
  • Partial Basement

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Fort Hill High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Porch
  • 3,750 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 0104049438

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$566

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: 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!
  • Special Features: None

Interior Features

  • Window Features: Storm
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Total Sq Ft: 2604
  • Living Area Sq Ft: 2604
  • Price Per Sq Ft: 71.04
  • Above Grade Finished Sq Ft: 2604
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 876

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Slate
  • View: City
  • 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 Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • High School: FORT HILL
  • School District Key: 121140562208
  • School District Source: Listing Agent
  • High School: FORT HILL

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3750.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 1996
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 27000.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 566.00
  • Assessor Parcel Number: 0104049438
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 1996

Multi Family

  • Other Units: Unit 1

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $185,000 +5.7% $71 / Sq Ft
02/07/2025 02/07/25 Price Changed $175,000 -2.8% $67 / Sq Ft
04/10/2024 04/10/24 For Sale $180,000 -- $69 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: MDAL2008604

Bright MLS