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    436- N Centre St Cumberland, MD 21502

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    For Sale
    $425,000

    Fully occupied investment property with renovation potential in Cumberland, MD.

    Lot size:
    0.12 Acres

    Property Features for 436- N Centre St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1890

    Source: Charis Realty Group Agent Stephen MacGray

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Property For Sale

    This investment property is fully occupied and includes an additional space ready for renovation. The property features multiple units, including 436 Apt 1, a currently rented 1-bedroom residential unit located upstairs; 436 Apt 2, another currently rented 1-bedroom residential unit upstairs; 440, a currently rented 2-bedroom residential unit upstairs; 438, a downstairs commercial unit currently occupied by a co-space/yoga studio; and 442, an upstairs commercial unit currently occupied by Permanent Solutions hair salon. Additionally, a one-car garage is rented by the co-space/yoga studio for expansion. Located around back at 21 Euclid is a residential unit upstairs, previously a 1-bedroom apartment, which has been gutted and is ready for renovations. The gross rent in 2024 is $55,020.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.768734
    Latitude
    39.656982

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied investment property with renovation potential in Cumberland, MD.
    Where is this apartment building located?
    The property is located at 436- N Centre St Cumberland, MD.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Fully occupied investment property.; - Gross rent in 2024 is $55,020.; - **Features a yoga studio and a hair salon**, both currently operating.
    (301) 707-8888
    Request Owner's contact information
    436- N Centre 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
    436- N Centre St Cumberland, MD 21502
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