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For sale
  • Price cut: $500 (4/22)
    $123,000

    401 Ascension St #403, Cumberland, MD 21502

    4beds
    2baths
    2,082sqft
    : 
    Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $59/sqft
    $-- HOA

    What's special

    Solid brick buildingOff street parkingNewer vinyl replacement windowsLarge attic storage
    Prime Cumberland Investment: Vacant Brick Duplex Ready for Revival! Unlock exceptional potential with this substantial, vacant brick duplex nestled in Cumberland, MD. This property presents a fantastic opportunity for investors seeking a value-add project or savvy homebuyers looking to house hack. It features two well-appointed 2-bedroom, 1-bathroom units, each ensuring tenant privacy with individual private entrances. Built to last, the duplex boasts durable brick construction, offering long-term stability and minimal upkeep. Each unit is equipped with separate utility meters, providing efficient expense management for landlords and clear accountability for tenants. Comfort and cost-savings are enhanced by the majority of windows being upgraded to energy-efficient vinyl replacements. While the units await your personal touch with cosmetic updates – including fresh paint, new flooring, and modern appliances – the property benefits from a proven strong rental history, previously renting for $800 per unit, generating a total monthly income of $1600. Furthermore, this property offers significant potential for Section 8 tenants, opening up a reliable and consistent income stream. Imagine the increased rental revenue achievable with strategic renovations! Tenants will appreciate the generous storage solutions provided by the large attic and full basement. Perfectly positioned for convenience, this Cumberland duplex is within easy walking distance to essential amenities such as grocery stores, restaurants, and gas stations, ensuring a high quality of life for future tenants. Furthermore, its close proximity to the nearest highway exit offers seamless commuting and regional access. Whether you're an experienced investor looking to capitalize on a prime opportunity or a first-time buyer aiming for financial growth through house hacking, this duplex represents excellent value in a sought-after location. Don't miss out – be sure to view the detailed walk-through video to fully grasp the potential!
    226 days
    on Zillow
    |
    393
    |
    24
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 21, 2025 at 02:03pm

    Listed by:

    Jason Wade 202-409-6788,

    Charis Realty Group (301) 831-5099

    Source: Bright MLS,MLS#: MDAL2009828MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 401 Ascension St #403.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Basement
    • Area: 400
    Heating
    • Baseboard, Electric, Natural Gas
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Cooktop, Refrigerator, Electric Water Heater
    Features
    • Floor Plan - Traditional, Eat-in Kitchen
    • Flooring: Laminate, Ceramic Tile
    • Basement: Other,Partially Finished,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,082
    • Total interior livable area: 2,082 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 3,446 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0104021444
    • Zoning: RESIDENTAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex
    Materials
    • Frame
    • Foundation: Other
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Phone Available, Natural Gas Available

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Cumberland
    • Municipality: Cumberland

    Financial & listing details

    • Price per square foot: $59/sqft
    • Tax assessed value: $43,200
    • Annual tax amount: $777
    • Date on market: 9/13/2024
    • Listing agreement: Exclusive Agency
    • Listing terms: Negotiable
    • Ownership: Fee Simple
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