TRIPLEX INVESTMENT OPPORTUNITY. This multi-family property includes (3) 2 bedroom / 1 bathroom rental units. The property needs work to get the units ready for renting and examples of the renovations needed our paint, some drywall work in one of the units, kitchen and bath remodeling/refreshes, roof repair, and various other items depending on the buyers strategy.
The property also has an enclosed structure in the back that could be updated with storage units for additional income opportunity.
Gas and electric is split out and paid by tenants. City water is shared and paid by the landlord.
Really great income opportunity for a investor and an up and coming area of Cumberland Maryland that is now catching the attention of many investors looking for ROI that you cannot find anywhere else.
Sold for $60,000 on 06/17/25
$60,000
422 Grand Ave, Cumberland, MD 21502
6beds
2,308sqft
MultiFamily
Built in 1905
-- sqft lot
$-- Zestimate®
$26/sqft
$991 Estimated rent
Home value
Not available
Estimated sales range
Not available
$991/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Radiant, Electric, Gas
Cooling
- Other
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,308 sqft
Property
Parking
- Parking features: Off-street
Accessibility
- Accessibility features: Other
Features
- Exterior features: Other
Lot
- Size: 3,998 sqft
Details
- Parcel number: 04047419
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Frame
- Roof: Metal
Condition
- Year built: 1905
Community & neighborhood
Location
- Region: Cumberland
- Municipality: Cumberland
Other
Other facts
- Heating: Forced Air
- HeatingYN: true
- NumberOfUnitsTotal: 2
- CoolingYN: true
- StructureType: Detached
- ConstructionMaterials: Other
- ArchitecturalStyle: Traditional
- Cooling: Window Unit(s)
- SpecialListingConditions: Standard
- ParkingFeatures: On Street
- AccessibilityFeatures: Other
- MlsStatus: Pending
- Municipality: Cumberland
- TaxAnnualAmount: 1128.0
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2025 | Sold | $60,000-14.3%$26/sqft |
Source: Public Record | ||
| 4/29/2025 | Pending sale | $70,000$30/sqft |
Source: Owner | ||
| 3/19/2025 | Listed for sale | $70,000+16.7%$30/sqft |
Source: Owner | ||
| 9/4/2024 | Listing removed | -- |
Source: Owner | ||
| 6/5/2024 | Listed for sale | $60,000-20%$26/sqft |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $56,533 +13.1% |
| 2024 | $998 +51.1% | $50,000 +50.6% |
| 2023 | $661 +0.1% | $33,200 |
Find assessor info on the county website
Neighborhood: Chapel Hill-Virginia Avenue
Nearby schools
GreatSchools rating
- 3/10South Penn Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Washington Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Fort Hill High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: ALLEGANY COUNTY PUBLIC SCHOOLS
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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