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    Historic Multi-Family Home Title is generated by Realmo AI

    411 WASHINGTON Street, Cumberland, MD 21502

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    For Sale
    $510,000

    MULTI_FAMILY - Victorian - CUMBERLAND, MD

    Property size:
    6,271 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $81/SF
    Added:
    Jul 9, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 9 at 3:06 pm

    Property Features for 411 WASHINGTON Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    2
    Parking features
    On Street, Off Street, Garage - Attached
    Standard status
    Active
    Size
    6,271 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5863

    Utilities

    Heating system
    Baseboard, Electric (Heating)

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Victorian

    We can help!

    Contact an agent
    Allyson M. Litten

    Listing agent Allyson M. Litten License #666909

    Listing office Mountainside Home Realty 1 Washington Street, Cumberland, MD

    Listing date Jul 9, 2026

    MLS# MDAL2015240 Listing URL

    Copyright © 2026 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.

    HighLights

    • Victorian‑style multi‑family home with brick construction and attached garage, built in 1900
    • 3‑unit setup: main level has 2 bedrooms/2 bathrooms; second‑floor has 2 bedrooms/2 bathrooms; third‑floor has 1 bedroom/1 bathroom
    • Separate electric meters for each unit; electric baseboard heat
    • Main‑level layout includes formal living room and dining room, spacious kitchen open to family room, and basement access
    • Basement includes two one‑car garages and could be finished for additional living or storage space
    • Large lot with off‑street and on‑street parking, plus yard space potential; located minutes from Downtown Cumberland and I‑68

    Overview

    Welcome to 411 Washington Street, a circa late-1800s Victorian-era multi-family property positioned in the Washington Street Historic District. The home includes three apartment units with distinct living configurations across the main, second, and third floors. The main-level unit features a formal living room and dining room, two bedrooms, two bathrooms, a spacious kitchen that opens to the family room, and access to the basement. The second-floor unit is an oversized two-bedroom, two-bathroom layout that could be reconfigured back into two separate one-bedroom apartments. The third-floor unit provides one bedroom and one bathroom.

    Set on a large lot, the property offers space for a yard and off-street parking. The basement includes two one-car garages and provides room that could be finished for additional living space or used for storage. Each unit has its own separate electric meters, and the property is heated by electric baseboard heat.

    This setup supports a range of uses, including rental income aimed at offsetting expenses or owner-occupancy with additional units to rent. For buyers considering restoration, the property’s multi-unit structure, historic character, and basement/garage improvements provide a practical foundation for updating the residence while retaining its income-generating framework. The home is located minutes from Downtown Cumberland and I-68.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $64.0k $10.20
    − Vacancy −$3.3k −$0.53
    EGI $60.6k $9.67
    − OpEx −$18.2k −$2.90
    NOI $42.4k $6.77
    6,271 SF · lease $10.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $606.4K
    $530.6K – $707.5K (±1% cap)
    NOI $42,447 @ 7.0% cap · market cap 8.32%
    Second Best
    Apartment 5plus
    $561.7K
    $491.5K – $655.3K (±1% cap)
    NOI $39,319 @ 7.0% cap · market cap 7.71%
    Theoretical Best
    Office A
    $2.33M
    $2.03M – $2.71M (±1% cap)
    NOI $162,793 @ 7.0% cap · market cap 31.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store Tech Support Center Florist (Bike/Boat/Book/etc) Store Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.77272
    Latitude
    39.65186

    FAQs

    What type of property is this?
    Quadplex - Victorian-era three-unit income property with separate electric meters and two one-car garages in a historic district.
    Where is this quadplex located?
    The property is located at 411 WASHINGTON Street Cumberland, MD.
    What is the asking price?
    The asking price for this property is $510,000.
    What are key features of this property?
    This property features: Victorian‑style multi‑family home with brick construction and attached garage, built in 1900; 3‑unit setup: main level has 2 bedrooms/2 bathrooms; second‑floor has 2 bedrooms/2 bathrooms; third‑floor has 1 bedroom/1 bathroom; Separate electric meters for each unit; electric baseboard heat
    More about this property
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