301 Baltimore Ave, Cumberland, MD 21502

Cumberland
Local realty services provided by:O'BRIEN REALTY ERA POWERED
301 Baltimore Ave,Cumberland, MD 21502
$320,000
  • 6 Beds
  • - Baths
  • 4,712 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer jackson
Office: charis realty group
MLS#:MDAL2015110
Source:BRIGHTMLS

Price summary

  • Price:$320,000
  • Price per sq. ft.:$67.91

About this home

An exceptional mixed-use investment opportunity in the heart of Cumberland. This well-maintained four-unit apartment building with a street-level commercial space offers strong in-place income, upside potential, and long-term stability—all in a convenient downtown location near shops, dining, and everyday amenities. The property is largely occupied and thoughtfully updated, making it a turnkey addition to any portfolio. The ground-floor commercial space features prominent street-facing windows, ideal for office, retail, or storage use, creating an additional revenue stream and flexibility for future tenants or owner use. Each residential unit is separately metered for electric and water, helping minimize owner expenses and simplify management. Unit Breakdown: - Unit 1: 1BR/1BA — Rented at $901/month. Features hardwood floors, in-unit laundry, and a new hot water heater. - Unit 2: 2BR/2BA — Rented at $822/month. Currently undergoing improvements, including new flooring in one...

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Home facts

  • Year built:1920
  • Listing ID #:MDAL2015110
  • Added:57 day(s) ago
  • Updated:August 16, 2026 at 01:37 PM

Rooms and interior

  • Bedrooms:6
  • Flooring:Hardwood
  • Living area:4,712 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:4,712 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Downtown
  • Construction Materials:Stucco
  • Foundation Description:Block

Schools

  • High school:ALLEGANY
  • Elementary school:WEST SIDE

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$320,000
  • Price per sq. ft.:$67.91
  • Tax amount:$3,307 (2024)

Features and amenities

  • Amenities:200+ Amp Service

Parking

  • Parking description:On Street

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