508-514 Bedford Street Cumberland, MD ^$ 250,000

508-514 Bedford Street

^$ 250,000

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508-514 Bedford Street

Cumberland, MD, 21502

^$ 250,000

Bedrooms10 Baths0.0

Monthly Estimate*

^$ 1,746

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Multi-Family Home for sale in Cumberland, MD

for $250,000 with 10 bedrooms. This home was built in 1907 on a lot size of 0.17.

INVESTMENT OPPORTUNITY! Quadruplex on North End! The historical Federal architectural design is truly timeless! Only minutes from I-68, these multi-unit townhome apartments feature a common area, various conveying appliances, City Views, Mountain Views, one bathroom in each unit, and full vacancy with income producing capabilities! Rental projections for the 3 bedrooms units (2 apartments) are $900 monthly, while the 2 bedroom units (2 apartments) project $750 monthly! Annual projected income is roughly $39,000! This is a must see!

Multi-Family Active

Price

^$ 250,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,339

Style

Bi-level,Federal

Lot Size

0.17

Year Built

1907

Town/City

Cumberland

County/Region

Allegany

MLS | Web ID

MDAL2008642

Features

Interior

Heating Fuel Electric

Basement Partial

Hot Water Electric

Basement (Y/N) Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix STREET

Central Air Y/N N

General

Sewer Public Sewer

Heating Baseboard - Electric

Cooling None

Possession Immediate

Roof Rubber

Zoning R-L

Architectural Style Bi-level Federal

Construction Materials Brick

Year Built 1907

Property SubType Quadruplex

Tax Year 2024

Percent Ownership Fee Simple

Cool Fuel None

Municipality Cumberland

Accessibility None

County ALLEGANY

New Construction N

Property Type Multi-Family

Subdivision Name NORTH END

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Status ACTIVE

Directions GPS

City CUMBERLAND

Buyer Agent Compensation 2.5

Total Units 4

MLS Area N Cumberland - Allegany County (MDAL1)

Lot Size Square Feet 7200.00

Waterfront Y/N N

Number of Units Leased 0

Street Name BEDFORD

Tax Annual Amount 1339.0

Property Condition Good

Two Bedroom 2

Structure Type Other

Price Per Sq Ft 60.62

Vacation Rental Y/N N

Days on Market 25

Lease Type None

Standard Status Active

Year Built Source Assessor

Buyer Agent Compensation Type % Of Gross

Exterior

Pool Y/N No Pool

Water Source Public

Type of Parking On Street

Water View Y/N N

Lot Size Acres 0.17

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 6400.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 508

* Excluded Features

List By

Coldwell Banker Premier

Broker

mandi.floyd85@gmail.com

Affordability Calculator

$1,858

Per Month

Monthly Principal & Interest: $1,746
Monthly Property Taxes: $112
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cumberland, MD

Average List Price ^$126,862

Percent of Sale Price 49%

About Cumberland, MD

19,806 Population

-9% Since 2002

^$33,685 Median Income

41.47 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3534976 Elementary School

3534179 Middle School

Allegany High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$250,000		Listed Price

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508-514 Bedford Street, Cumberland, MD, 21502 is a Multi-Family Home for sale at $250,000 with a lot size of 0.17. 508-514 Bedford Street has 10 bedrooms, 0.0 baths, and was built in 1907. The property's zip code is 21502 which is in Cumberland, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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508-514 Bedford Street

Multi-Family Home for sale in Cumberland, MD

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