401 - 403 Ascension Street Cumberland, MD $ 87,500
401 - 403 Ascension Street
$ 87,500
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401 - 403 Ascension Street

Cumberland, MD, 21502
$ 87,500
Bedrooms4 Baths0.0

Monthly Estimate*

$ 604

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Multi-Family Home for sale in Cumberland, MD

for $87,500 with 4 bedrooms. This home was built in 1920 on a lot size of 0.08.

**SELLER SAYS GET IT SOLD BRING ALL OFFERS! MAJOR PRICE REDUCTION!** Investor special in Cumberland. 401-403 Ascension Street is a fully vacant duplex offering two 2-bedroom, 1-bath units with separate utilities and significant value-add potential. This property needs a full interior renovation and is being sold strictly as-is. Both units are vacant, allowing a new owner to begin work immediately without having to navigate existing tenants. The property was previously operated as a Section 8 rental and generated approximately $1,600 per month in total rental income. With renovation, repositioning, and the new commercial development just steps away, this could be an excellent value-add opportunity for an investor looking to capture future upside. The existing duplex configuration and separate utilities make it well suited for a long-term rental, BRRRR project, house-hack, or portfolio addition. Conveniently located near downtown Cumberland, I-68, UPMC Western Maryland, shopping, dining, employment centers, and nearby new commercial development. **No reasonable offer ignored bring the toolbox, bring the vision, bring the offer. Seller wants it gone.** **Rehab required. Sold strictly as-is.**

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Multi-Family Active

Price

$ 87,500

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 1,116

Style

Lot Size

0.08

Year Built

1920

Town/City

Cumberland

County/Region

Allegany

MLS | Web ID

MDAL2014738

Features
General
Living Area 2082
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Immediate
Zoning RESIDENTIAL
Architectural Style Other
Construction Materials Frame
School District ALLEGANY COUNTY PUBLIC SCHOOLS
Year Built 1920
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Cumberland
Accessibility None
County ALLEGANY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City CUMBERLAND
Number Of Units Total 2
MLS Area S Cumberland - Allegany County (MDAL2)
Lot Size Units Square Feet
Lot Size Square Feet 3446.00
Tax Annual Amount 1116.0
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 52.02
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.08
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 3100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 401
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* Excluded Features
List By
Remax Platinum Realty

Broker

wadefinehomes@gmail.com

Email

Affordability Calculator

$697
Per Month
87%
13%
0%
Monthly Principal & Interest
$604
Monthly Property Taxes
$93
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3534976 Elementary School
3534179 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$87,500 -10.26% Price Down
8/18/2026$97,500 -1.52% Price Down
7/31/2026$99,000 -0.85% Price Down
5/20/2026$99,850 Listed Price

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401 - 403 Ascension Street, Cumberland, MD, 21502 is a Multi-Family Home for sale at $87,500 with a lot size of 0.08. 401 - 403 Ascension Street has 4 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 21502 which is in Cumberland, MD