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401 - 403 Ascension St , Cumberland, MD 21502
$87,500
Est. Payment: $480.47/mo
4 Bed
2082 Sqft
0.08 Acres
Status: active | Days on site: 151
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RXPT1 - 3290109
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

**SELLER SAYS GET IT SOLD — BRING ALL OFFERS! MAJOR PRICE REDUCTION!** 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.**
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Highlights

Listed by Jason Wade , 2024096788 REMAX Platinum Realty , 2404970408. Bright MLS

Property Type

Multi-Family
Lot/Acreage
0.08

Year Built

1920

County

Allegany

Area

S Cumberland - Allegany County (MDAL2)

 School District

Allegany County Public Schools

Listing ID

MDAL2014738

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
Above Ground Sq Ft:1682
Below Ground Sq Ft:400
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RESIDENTIAL
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$480
Taxes
$93

Home Price

$87,500

Loan Details

30 yrs
7.312%

Down Payment

20%
$17,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$480.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $480.47 $93.00 $0.00 $573.47
Yearly $5,765.65 $1,116.00 $0.00 $6,881.65
Total $172,969.43 $33,480.00 $0.00 $206,449.43
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Cumberland, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T09:11:29.000Z

© 2026 Bright MLS