449 COLUMBIA Street, Cumberland, MD 21502
MULTI_FAMILY - CUMBERLAND, MD
- Added:
- Aug 29, 2025
- Days on Market:
- 292
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 449 COLUMBIA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- Size
- 2,248 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 988
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Stone
Listing agent Destiny lynn Hill License #5002170 (240) 362-4717
Listing office Better Homes & Gardens Real Estate Old Line Group 11 W Main Street unit: 1, Frostburg, MD (301) 689-0100
Listing date Aug 29, 2025
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
- Completely remodeled duplex with modern upgrades throughout.
- Two spacious units, each with 2 bedrooms.
- New siding, roof, windows, and doors offer peace of mind.
- Updated kitchens boast new appliances, cabinetry, and countertops.
- New plumbing and forced‑air heating systems installed.
- Turnkey and low‑maintenance property.
Overview
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 | $22.9k | $10.20 |
| − Vacancy | −$1.2k | −$0.53 |
| EGI | $21.7k | $9.67 |
| − OpEx | −$6.5k | −$2.90 |
| NOI | $15.2k | $6.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cumberland
- County
- Allegany
- State
- Maryland
- Longitude
- -78.7675296
- Latitude
- 39.659206
