306 E Harrison Street
Cumberland, MD, 21502 $ 39,000
Baths0.0 Sq 2,130 Monthly Estimate*
$ 240
Studio for $39,000. This 2,130 square foot townhouse was built in 1895 on a lot size of 0.04.
Investor Opportunity Two Properties, Six-Unit Potential in the Heart of Cumberland! Attention investors and contractors this is the value-add opportunity youve been waiting for. 306 E. Harrison Street (MLS# MDAL2013696) and 308 E. Harrison Street (MLS# MDAL2013694) are being sold together, offering the potential to create six total rental units between the two buildings. 306 E. Harrison Street has already been gutted, providing a clean slate for renovation and redevelopment. Two properly zoned buildings plus a parking lot to build( 6 ) 2 bed room units in a high demand area. Interior demolition and clean out has been done on the larger unit. Existing dual services for electric, gas, water and sewer. Extra lot offers additional parking or expansion. With the right vision and design, this structure could be transformed into four income-producing units. Next door, 308 E. Harrison Street presents the opportunity to renovate and configure the property into two additional rental units, completing a strong multi-unit investment package. Once fully renovated, this six-unit portfolio could generate approximately $5,000$6,000+ in monthly rental income, depending on finishes, unit configuration, and market rents making this an excellent opportunity for long-term cash flow or portfolio expansion. Location is key, and these properties deliver. Situated in the City of Cumberland, youll enjoy: Easy access to I-68 (east and west),Close proximity to UPMC Western Maryland, Minutes from downtown Cumberland shopping, restaurants, and entertainment, Near the C&O Canal Towpath, Great Allegheny Passage (GAP Trail), and scenic Rocky Gap State Park and Convenient access to public transportation and local employers. Whether youre an experienced investor, contractor, or developer looking for your next project, this is your blank canvas to create value and build equity. Call today for more information or to schedule a tour! Priced to sell! Each property is priced separately! Together-$59K.
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FeaturesGeneralLiving Area 2130
Sewer Public Sewer
Heating Radiator
Cooling None
Possession Settlement
Roof Shingle
Zoning RESIDENTIAL
Architectural Style Side-by-Side
Construction Materials Brick
School District ALLEGANY COUNTY PUBLIC SCHOOLS
Year Built 1895
View City Mountain Street Trees/Woods
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality Cumberland
Accessibility None
County ALLEGANY
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 0
Status ACTIVE
Directions GPS
City CUMBERLAND
Senior Community Y/N N
MLS Area S Cumberland - Allegany County (MDAL2)
Lot Size Units Square Feet
Lot Size Square Feet 1770.00
Tax Annual Amount 640.0
Home Warranty Y/N N
Structure Type Twin/Semi-Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 0.00
Price Per Sq Ft Total AG 18.31
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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InteriorHeating Fuel None
Basement Unfinished
Flooring Wood
Hot Water None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2130
Central Air Y/N N
Total Bedrooms 0
Below Grade Finished Area 0
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 0
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 1500.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bypamterry1971@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $240
- Monthly Property Taxes
- $53
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyTownhouse listings in Cumberland, MD
Average List Price $106,726
Percent of Sale Price 174%
About Cumberland, MD 19,806 Population
-9% Since 2002
$ 33,685 Median Income
41.47 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3534976 Elementary School
3534179 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/11/2026 | $39,000 | | Listed Price |