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 bedroom. - Unit 3: 2BR/2BA — rented at $950/month. Offers hardwood floors, in-unit laundry, an open kitchen with island, and stunning city and mountain views—prime for immediate lease-up at market rate. - Unit 4: 1BR/1BA — Rented at $900/month. Recently updated with new carpet and flooring, fresh paint, new countertops, and a new hot water tank. Includes central air. Additional improvements include a fully waterproofed basement (2024) with a new sump pump, providing peace of mind and reduced maintenance concerns. With multiple income streams, solid rental history, and value-add potential through lease optimization and commercial use, this property delivers both immediate cash flow and long-term appreciation in a steadily revitalizing downtown market.
Breath taking investment property with thousands of dollars in upgrades - New roof, just for starters - Bamboo floors on the main level of one side - Fresh paint - New storm doors - New decks and railings - New gutter system - New heat system on one side - This property is a duplex with one side rented with long term tenants - Both sides, layouts are almost mirror images - Left side has 1 1/2 baths - Very nice home - Live in one side and rent the other - Additional lot could possibly be purchased separately ( not included in sale ) - Could easily rent for $1,000 - $1,100 per month or more each side.
Rare vacant duplex opportunity in the path of Cumberland’s continued revitalization. 401-403 Ascension Street offers two 2-bedroom, 1-bath units with completely separate utilities, giving investors a clean slate to renovate, stabilize, and capture upside without working around existing tenants. Whether you are looking for a long-term rental, BRRRR project, house-hack, or value-add portfolio piece, this property checks the boxes: vacant possession, separate utility setup, two functional units, and strong income potential after improvement. Cumberland continues to attract attention for its affordability, historic character, outdoor recreation, and major downtown investment, including the recently completed Baltimore Street redevelopment. Located near downtown Cumberland, I-68, UPMC Western Maryland, shopping, dining, and local employment centers, this duplex is well positioned for future rental demand. Bring your contractor and your vision. Properties with this level of flexibility and upside are becoming harder to find at this price point. Sold strictly as-is.
**New Listing Multi-Family Investment Opportunity** Discover the potential of this impressive multi-family property nestled in the heart of Cumberland, Maryland. Featuring six spacious bedrooms and three full bathrooms, fully renovated. this versatile residence offers a fantastic opportunity for savvy investors or owner-occupants seeking rental income to offset their mortgage. 1St level: 2 Bedroom and 1 Full Bath ( has been rented $1600 ) 2ND level: 2 Bedroom and 1 Full Bath ( has been rented $1600 ) 3rd Bedroom: 2 Bedroom and 1 Full Bath - WALKOUT STAIR ( has been rented $1500 ) *** PRICE REDUCED FOR QUICK SALE *** Perfectly positioned on Glenn Street, this property delivers the kind of convenience that tenants crave. Daily essentials are just a short stroll away at Save A Lot on Queen City Drive, while Nick Giarrita Park offers a refreshing green escape mere blocks from your doorstep — ideal for families and outdoor enthusiasts alike. Transit-minded residents will appreciate the proximity to the Cumberland train station on East Harrison Street, providing excellent connectivity for commuters and weekend adventurers. Families with school-age children benefit from easy access to Fort Hill High School, a well-regarded institution just a short drive away. Cumberland itself is a city rich in history and character, where Appalachian charm meets small-town warmth. The surrounding community continues to attract attention from investors who recognize the area's steady growth and affordable entry points. Whether you're looking to expand your real estate portfolio or searching for a home that works as hard as you do, this multi-family gem checks all the right boxes. With multiple units generating income potential and a location brimming with neighborhood amenities, this is one opportunity you won't want to miss. *** SCHEDULE YOUR PRIVATE SHOWING TODAY AND MAKE AN OFFER ! *** THIS PROPERTY WON'T LAST LONG! *** ALL FURNITURE IN THE PROPERTY CONVEYS! *** PRICE REDUCED FOR QUICK SALE ***
Investor alert–This well-maintained triplex presents an outstanding opportunity for investors seeking immediate cash flow with future upside. The property features two spacious 2-bedroom units and one well-appointed 1-bedroom unit, plus a potential 4th unit or additional storage space for added flexibility and long-term value. Recent improvements include a new metal roof, three brand-new gas furnaces, and ductwork already installed for future mini-split systems. All appliances convey, making for a smooth, hassle-free transition for the next owner. Unit A has renovations scheduled, B is currently rented for $950/month, C is rented for $725 and each unit is separately metered for gas and electric to help minimize owner expenses. Tenants pay their own gas and electric, while the owner covers water, sewer, and trash. Conveniently located near downtown Cumberland, shopping, restaurants, and medical facilities, Seller will consider a package deal with additional available properties: MDAL2012462 and MDAL2012546. Call today to schedule your private tour and explore the potential of this income-producing investment opportunity!
This is an income producing duplex. One side pays $800 a month, the other $750
Re-listed with a great new price!! Property is actually a duplex that was converted into a 5 unit building and is currently fully rented. Financials are available upon request.
THIS IS A FIVE UNIT APARTMENT BUILDING!!! P&L statements are available. Pre-qual letter requested prior to showings. The property contains 4 one bedroom apartments and a charming garage apartment situated overtop of a large garage. Live in the back and let the 4 units pay the mortgage.
CALLING ALL INVESTORS!!! Unlock the potential of this income-producing triplex in Cumberland, MD! Situated on a corner lot, this property features 3 one-bedroom, one-bath units, with potential for a 4th unit for owner-occupant setup. Each unit includes a stove and refrigerator, and the main-level unit features a newer stove. This property offers natural gas radiator heat, though the radiators do show evidence of needing repair, and ceiling repair work is needed in the main-level kitchen. With the right vision and updates, this could be an excellent opportunity for an investor looking to expand their portfolio or an owner-occupant seeking added rental income. Conveniently located near shopping, restaurants, and medical facilities, this property is also just minutes from Downtown Cumberland’s walking mall, I-68 East and West, the Western Maryland Scenic Railroad, the Great Allegheny Passage, and the C&O Canal towpath. Priced to sell, this is a value-packed investment opportunity with strong upside potential. Call today to schedule your tour!
Attention investors! Check out this side-by-side duplex located at 15-17 Weber St. Each unit features a spacious 3-bedroom, 1-bathroom layout (unit 15 also features a half bathroom on the main level), providing the high-demand "3-bed utility" that maximizes rental rates in the Allegany County market. Both sides offer separate utilities, large living areas, and functional kitchens, making management straightforward and efficient. With the 3-bedroom configuration on both sides, this property is perfectly positioned for long-term stability and strong cash flow. Whether you’re looking to expand your portfolio or start your investment journey, this Weber St duplex is a great addition to any strategy. Don’t miss out on this turnkey multi-family gem!
Investor special ! Duplex , 3 spacious bedrooms inside on each side , separate gas meters per unit !
Fabulous single side of a duplex with new flooring throughout the unit, well maintained on both sides. Recently updated in 221. Unit has 3 bedrooms and 1.5 bathrooms. If you have a large family or would like a great place to live than this is your new home. This property is a must see for investors. Close to everything within the City limits.
Fabulous single side of duplex with new flooring throughout unit, well maintained unit, lived in by owner. Mostly renovated in 223. Unit has 3 bedrooms and 1.5 bathrooms. If you have a large family or would like a great place to live this is your new home. This property is a must see. Close to everything within the City limits.
This investment multi-family property features five income-producing units, each with baseboard heat and tenant-paid electric. The landlord currently covers water, sewer, and trash services, and the property also includes a garage. Ideally located in an established residential neighborhood with access to downtown amenities, shopping, and major commuter routes, this asset is attractive to both tenants and investors. 5 Units - (1) 2 bed/1bath, (2) 1 bed/1 bath, (2) efficiency 1 bedroom unit is currently leased at $700/month. currently a month to month lease. Other properties available. Discount for purchase of all 4 properties. 315 Frederick - 9 Units 339/341 Frederick - 5 Units Commercial Lot Front & Baltimore .08 Acres
Investment opportunity in Cumberland, Maryland. This nine-unit property is comprised entirely of efficiency apartments. The building also features a small commercial space currently utilized as a tenant laundry area. The landlord covers utilities. Gas boiler replaced 2 years ago. Ideally positioned with easy access to downtown amenities, shopping, and transportation routes. 9 Efficiency Units - 3 units leased - 2 @$725, 1@$625. all leases are month to month Other properties available discount for purchase of all properties -229 E Union - 5 Units - 339/341 Frederick 5 Units - Commercial Lot Front & Baltimore .08 Acres
This adorable 4 unit building is conveniently located near amenities. It is currently managed by a professional property management company and transfer options are available. These affordable units are easy to rent with low maintenance costs. Two units are occupied and two units are vacant with cosmetics repairs needed. This property brings in an average of $2100 when fully rented.
124 Bedford St is a rare multi-family or commercial opportunity in the heart of Historic Downtown Cumberland. Built in 1895 and offering more than 3,000 square feet, this stately brick property features three separate apartments, each occupying its own floor—ideal for an investor, an owner-occupant, business offices or anyone looking to expand their portfolio in Western Maryland. Step inside to find ornate original woodwork, a grand winding staircase, high baseboards, and an intricately detailed fireplace mantel that showcase the craftsmanship of a bygone era. The main level includes a spacious 1-bedroom apartment, a versatile room with a decorative fireplace, and a welcoming grand foyer with both interior and exterior access to all units. The second floor hosts another 1-bedroom apartment, plus a flexible office/studio/bonus room and an additional half bath located in the hallway. The third-floor apartment features a generously sized layout with a large eat-in kitchen, making it an attractive rental option. A spacious basement provides abundant storage and potential laundry or workshop space. At the rear of the property is a charming courtyard where exterior stairs allow private access to all three levels and the spacious landings offer room for outdoor leisure in a walkable urban setting. Located just steps from shops, restaurants, and the vibrant energy of Downtown Cumberland, this property blends historic charm with income-producing potential. A fantastic opportunity to invest in Mountain Maryland.
4 unit apartment complex located near the scenic C&O canal towpath for long term tenants or an Airbnb or a mixture of both. Loads of updates throughout including a new roof with heavy duty architectural shingles. The property is situated on a low maintenance / low cost lot, providing a manageable footprint while still offering ample space for tenants. Exterior features include a fairly private outdoor rear deck area and a storage building. Ample driveway / off-street and on-street parking. Features also include onsite common laundry facilities that not only add convenience for tenants but could also create an additional revenue stream by adding coin operated machines. The location's accessibility to local schools, shopping and various other amenities, as well as the proximation to the C&O Canal Towpath and The Gene Mason Sports Complex enhances its attractiveness to prospective tenants. This quadraplex could be an excellent addition to your investment portfolio. Various financing options for Investors or Owner Occupants as well as possible Owner Financing.
This beautifully updated duplex features two spacious units, each with 2 bedrooms. One unit offers 1 full bath, while the other provides 1.5 baths for extra convenience. Both units have been completely remodeled from top to bottom, blending modern style with efficiency. Upgrades include brand-new siding, roof, windows, and doors, along with all new plumbing and forced-air heating systems. Inside, you’ll find new flooring, updated kitchens with sleek cabinetry, countertops, and brand-new appliances, plus freshly renovated bathrooms. Whether you’re looking for a smart investment property or a home where you can live in one unit and rent the other, this duplex checks all the boxes. Turnkey, low-maintenance, and ready for its next chapter.
??? Investor Special – Fully One-Bedroom Fourplex. Don’t miss this excellent investment opportunity! This four-unit property features all one-bedroom, one-bath units—ideal for steady rental income and low-maintenance management. Some updates have already been completed, while others offer room for improvement—perfect for investors looking to add value and boost returns. ?? Priced to move! Whether you're expanding your portfolio or starting, this fourplex is a smart buy.
NEW METAL ROOF JUST INSTALLED !! VERY NICE DUPLEX WITH LONG TERM TENANTS - 18 SIDE TENANT HAS BEEN THERE 15 + YEARS - CURRENT GROSS APPROX $11,400 - TENANTS PAY ALL UTILITIES - NOW IS THE TIME TO INVEST
EXCELLENT INVESTMENT DUPLEX - BOTH SIDES ARE HUD APPROVED - LEASES ARE MONTH TO MONTH - APPROX GROSS $12,560 - TENANTS PAY UTILITIES. LEASES ARE MONTH TO MONTH. LEFT HAS A NICE KITCHEN, DINING ROOM AND LIIVING.
Cumberland is located in Maryland. Cumberland, Maryland has a population of 19,028. Cumberland is less family-centric than the surrounding county with 24.79% of the households containing married families with children. The county average for households married with children is 24.83%.
The median household income in Cumberland, Maryland is $43,699. The median household income for the surrounding county is $51,090 compared to the national median of $69,021. The median age of people living in Cumberland is 40.7 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 38.2 inches per year, with 30.1 inches of snow per year.
