#MDAL2012072, William Mitchell Carranza, Listing office: Samson Properties
401 Ascension St Cumberland, MD 21502
Property details
About 401 Ascension St
Vacant Brick Duplex in Prime Cumberland – Investor's Dream or House Hacker's Gem! Discover an unparalleled opportunity in the heart of Cumberland, MD with this substantial, vacant brick duplex. Perfectly poised for a significant value-add transformation, this property is an ideal acquisition for seasoned investors seeking high ROI or savvy homebuyers aiming to achieve financial freedom through house hacking. It features two generously sized 2-bedroom, 1-bathroom units, each designed for tenant privacy with individual private entrances. Built for enduring stability, the robust brick construction promises longevity and reduced maintenance costs. Each unit is thoughtfully equipped with separate utility meters, ensuring efficient expense management and clear accountability. Significant upgrades include the majority of windows replaced with energy-efficient vinyl, enhancing comfort and reducing utility bills for future occupants. Ample storage is a distinct advantage, with tenants benefiting from access to a large attic and a full basement. This isn't just a property; it's a proven income generator awaiting your vision. While cosmetic updates – including fresh paint, new flooring, and modern appliances – will unlock its full splendor, the duplex boasts a strong rental history, previously commanding $800 per unit for a total monthly income of $1600. Imagine the amplified rental revenue achievable with strategic, personalized renovations! Furthermore, its significant potential for Section 8 tenancy offers a reliable and consistent income stream, providing peace of mind for landlords. Location is paramount, and this Cumberland duplex delivers. Enjoy the convenience of easy walking distance to essential amenities like grocery stores, diverse restaurants, and gas stations, guaranteeing a high quality of life for your future tenants. Seamless commuting and regional access are further enhanced by its close proximity to the nearest highway exit. Whether you're expanding your portfolio or embarking on a smart homeownership journey, this duplex represents an exceptional value proposition in a highly sought-after location. Don't miss your chance to capitalize on this incredible opportunity – be sure to explore the detailed walk-through video to fully grasp the immense potential that awaits!
Highlights
(ACTIVE)
Summary
- Appliances: Stove, Refrigerator
- Basement: Yes
- Flooring Type: Laminated, Ceramic Tile
- Interior: Floor Plan - Traditional, Kitchen - Eat-In
- Parking: On Street
- Architectural Style: Colonial
- Heating: Baseboard
- Cooling: Wall Unit(s)
- List Price: $122,500
- Price/SqFt: $58
- Annual Tax Amount: $401
- Tax Year: 2024
- Directions: GPS
- Year Built: 1920
- Living Area: 2,082 SqFt
- Municipality: Cumberland
- Lot Size: 0.08 Acres
- MLS Number: MDAL2009828
- MLS Name: BRIGHT
- Office Name: Charis Realty Group
- Office Phone: (301) 831-5099
- Office Email: home@charisrealty.com
- Listing Agent: Jason Wade
- Agent Phone: (202) 409-6788
- Agent Email: jason@charisrealty.com
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 22, 2023 | Home Sold | $92,500 |
Jul 26, 2007 | Home Sold | $35,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $55,900 | $401 |
2023 | $43,200 | $401 |
2022 | $39,100 | $- |
2021 | $35,000 | $286 |
2020 | $30,900 | $286 |
2018 | $30,833 | $293 |
2017 | $30,800 | $290 |
History based on county public records data.
Nearby schools
5
South Penn Elementary School
Public District PK-5
0.7 mi
•500 E Second St
5
West Side Elementary School
Public District PK-5
1.0 mi
•425 Paca St
4
John Humbird Elementary School
Public District PK-5
1.6 mi
•120 E Mary St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,565. The most common annual income of people living in Cumberland, MD is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 401 Ascension St
The listing price of 401 Ascension St property is $122,500.
The property 401 Ascension St is a multi located in Cumberland, Maryland, 21502.
Active Listing: 401 Ascension St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 401 Ascension St are: South Penn Elementary School (GreatSchools Rating 5/10), West Side Elementary School (GreatSchools Rating 5/10), John Humbird Elementary School (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 4/10), Braddock Middle School (GreatSchools Rating 7/10), Mount Savage Middle School (GreatSchools Rating 7/10), Fort Hill High School (GreatSchools Rating 4/10), Allegany High School (GreatSchools Rating 7/10), Center for Career & Technical Education (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $401 (source: MLS/based on county public records data).
The last sale was on June 22, 2023 for $92,500 (source: MLS/tax record).
The property 401 Ascension St is 2,082 SqFt (source: MLS/tax record).
The year of construction for 401 Ascension St is 1920.
This home is located at 401 Ascension St in Cumberland, MD and zip code 21502. This 2,082 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $122,500.
In June 2025 in Cumberland, MD there were 45.5% more homes for sale than in May. Listings spent 80 days on the market in June 2025, and had a median list price of $160,000 during the same period.