306 E HARRISON ST,CUMBERLAND,MD,21502,ALLEGANY

Listing details

Investor Opportunity — Two Properties, Six-Unit Potential in the Heart of Cumberland! Attention investors and contractors — this is the value-add opportunity you’ve 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, you’ll 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 you’re 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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