411 WASHINGTON Street, Cumberland, MD 21502
MULTI_FAMILY - Victorian - CUMBERLAND, MD
- 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
Listing agent Allyson M. Litten License #666909 (301) 268-7504
Listing office Mountainside Home Realty 1 Washington Street, Cumberland, MD (301) 722-0190
Listing date Jul 9, 2026
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cumberland
- County
- Allegany
- State
- Maryland
- Longitude
- -78.77272
- Latitude
- 39.65186