Change Real Estate Presents:

301 Baltimore Avenue
Cumberland MD 21502

For Sale: $345,000.00 Active

List Date: 2025-10-16

Cumberland
4,712 build ft2
2,475 land ft2

About This Property

Excellent investment opportunity in the heart of Cumberland, Maryland. This well maintained four-unit apartment building with a ground level commercial space is in excellent condition, mostly rented and priced to sell. The versatile commercial space on the ground floor offers additional income potential- ideal for office, retail or storage. Located close to downtown amenities, shops and restaurants, this is a fantastic investment opportunity. Each unit has separate electric and water. Unit 1: 1 bedroom/1 full bath -rented at $875/month. Features hardwood floors, in unit laundry and a new hot water heater. Unit 2: 2 bedroom/2 bath - rented at $775/month - One of the bedrooms is being updated and will have new flooring Unit 3: 2 bedroom/2 bath -currently vacant. Offers in unit laundry, hardwood floors, an open kitchen with island and fantastic city and mountain views. (Formally rented for $950/month) Unit 4: 1 bedroom/1 bath - rented at $850/month. Features new hot water tank, new carpet, new floors, fresh paint and new kitchen countertops. This unit has central air. The bottom unit has street front windows perfect for office space. The basement has been waterproofed in 2024 and a new sump pump was installed. With strong rental income, minimal maintenance, and multiple income streams, this property offers immediate cash flow and long-term growth potential. A solid addition to any investment portfolio in a revitalizing downtown area.

Listing Agent: Jennifer Jackson. Charis Realty Group 301-367-8300 jen.jackson1425@gmail.com

Property Features

Location Information
County:
Subdivision: None
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Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring: Hardwood
Water: Public
Cooling: Central A/C
Heating: Forced Air
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1920
Schools
Elementary School: West Side
Junior High School: Braddock
High School: Allegany

IDXListing Courtesy of Jennifer Jackson. Charis Realty Group 301-367-8300 jen.jackson1425@gmail.com

Property Photos [Click to enlarge]

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