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    124 Bedford St Cumberland, MD 21502

    For Sale
    $220,000

    MULTI_FAMILY - CUMBERLAND, MD

    Property size:
    2,340 SF
    Lot size:
    0.04 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 15 at 4:06 am

    Property Features for 124 Bedford St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Fireplace
    1
    Size
    2,340 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Other (Heating), Baseboard, Electric (Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1895
    Number of units
    3
    Building materials
    Brick

    Coldwell Banker Professional Real Estate Services (301) 777-3380 [email protected]

    Listing agent Penni Walker (301) 777-3380

    Listing date Nov 17, 2025

    MLS# MDAL2013388 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Cumberland Multi-Family Opportunity

    Located in the heart of Historic Downtown Cumberland, this multi-family property presents a rare opportunity for commercial or residential use. Constructed in 1895, the brick building offers over 3,000 square feet and features three separate apartments, each occupying its own floor. The property is suitable for investors, owner-occupants, business offices, or portfolio expansion in Western Maryland. Interior features include original woodwork, a grand winding staircase, high baseboards, and a detailed fireplace mantel. The main level contains a spacious 1-bedroom apartment, a versatile room with a decorative fireplace, and a grand foyer with interior and exterior access to all units. The second floor hosts another 1-bedroom apartment, a flexible office/studio/bonus room, and an additional half bath in the hallway. The third-floor apartment has a generously sized layout with a large eat-in kitchen. A spacious basement provides storage and potential laundry or workshop space. At the rear is a courtyard with exterior stairs allowing private access to all three levels, and spacious landings for outdoor leisure. The property is located steps from shops, restaurants, and the energy of Downtown Cumberland. The lot size is 0.04 acres and the property size is 2,340 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.76246
    Latitude
    39.65375

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    FAQs

    What type of property is this?
    Triplex - Multi-family property in historic downtown Cumberland with income potential.
    Where is this triplex located?
    The property is located at 124 Bedford St Cumberland, MD.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Rare multi-family/commercial opportunity in Historic Downtown Cumberland.; - Three separate apartments offer income potential or owner-occupancy.; - Over 3,000 square feet of space with flexible layouts.
    (301) 777-3380
    Request Owner's contact information
    124 Bedford St Cumberland, MD 21502
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    Cumberland, MD 21502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 Bedford St Cumberland, MD 21502
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