UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,082 sqft
Price per Sqft $42
MLS Listing ID MDAL2014738
Style Other
Abv Grd Liv Area 1,682
Year Built 1920
Available Date 2026-06-02
Annual Tax Amount $1,116
Tax Year 2024
Lot Size 3,446 Sqft
Acres 0.08
Property Sub-Type Detached
Source BRIGHT
Property Description
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.**
Location
State MD
County Allegany
Area S Cumberland - Allegany County (Mdal2)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Other
Above Ground Finished SqFt 1682
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Allegany County Public Schools
Others
Tax ID 0104021444
Ownership Fee Simple
SqFt Source 2082
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS