3 months on rocket

401 Ascension St, Cumberland, MD, 21502

$125,000

Home List Price

$1,484*

Closing Credit

0 Baths
2,082 SqFt
$60/SqFt
Multi

Location

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401 Ascension St, Cumberland$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1920
HeatingBaseboard
CoolingWall Unit(s)
BasementYes
MLS #MDAL2009828
Lot Size0.08 Acres
StatusActive
(ACTIVE)

About 401 Ascension St

*MAJOR PRICE RUDUCTION* Discover this substantial, vacant brick duplex in Cumberland, MD, a prime canvas for your next investment project. This property has two 2-bedroom 1-bathroom units, each equipped with a private entrance. The property's solid brick construction ensures durability, while the separate utility meters for each unit provide efficient management. The majority of windows have been upgraded to energy-efficient vinyl replacements, enhancing comfort and reducing utility costs. While the units require some cosmetic updates, such as fresh paint, new flooring, and updated appliances, the strong rental history and potential for increased rental income make this a worthwhile investment. The large attic and basement storage spaces offer ample room for tenants' belongings. Whether you're a seasoned investor seeking to capitalize on a value-add opportunity or a first-time homebuyer looking to house hack, this Cumberland duplex presents a promising path to financial growth. All of the conveniences you need are within walking distance from food to gas and the closest highway exit. Excellent value! **Make sure you see the walk thru video!!**

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Living Area: 2,082 SqFt

Listing Office:

  • Office Name: Charis Realty Group
  • Office Phone: (301) 831-5099
  • Listing Agent: Jason Wade

Interior Features

Interior Information:

  • Appliances: Stove, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminated, Ceramic Tile
  • Interior: Floor Plan - Traditional, Kitchen - Eat-In

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Cumberland

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $60/SqFt

Tax Information:

  • Annual Amount: $287
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cumberland, MD.

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Cumberland, MD

City

Med. Sold Price

$149.2K

Med. Price/SqFt

$98

Avg. Days On Market

44

# of Sold Homes

44

401 Ascension St vs Cumberland

117 DAYS ON ROCKET

+73 Days

$125,000

-$24.2K Less

$60/SqFt

-$38 Less

KEY TAKEAWAY

This property is $24.2K less than the Median Sold Price and $38/SqFt less than other homes in Cumberland, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAL2009828

Listing Office:

  • Office Name: Charis Realty Group
  • Office Phone: (301) 831-5099
  • Listing Agent: Jason Wade

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 2:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 26, 2007Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021$287$35,000
2020$286$30,900
2018$293$30,833
2017$291$30,800

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-849945
4
/10

  • South Penn Elementary School

  • 500 E Second St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-849946
5
/10

  • West Side Elementary School

  • 425 Paca St

  • 0.99 miles

  • Public District Grades PK-5

school-card-donut-849947
5
/10

  • John Humbird Elementary School

  • 120 E Mary St

  • 1.57 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Maryland›Allegany County›Cumberland›21502›401 Ascension St

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. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $125,000.

While more than 16 listings in Cumberland, MD in November 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 21 were sold below. The number of homes for sale in Cumberland, MD decreased by 5.5% between October 2024 and November 2024. In November 2024 median list price was $149,237 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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