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    Cumberland Multifamily Investment Opportunity Title is generated by Realmo AI

    807 BEDFORD Street, Cumberland, MD 21502

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    For Sale
    $225,000

    MULTI_FAMILY - CUMBERLAND, MD

    Property size:
    2,395 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $93/SF
    Added:
    May 1, 2026
    Days on Market:
    40
    Last Refresh:
    Jun 9 at 4:06 pm

    Property Features for 807 BEDFORD Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    4
    Parking features
    On Street, Off Street
    Standard status
    Active
    Size
    2,395 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1872

    Utilities

    Heating system
    Electric (Heating), Other (Heating), Baseboard

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Brick

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    Listing Contact
    Deborah K Grimm

    Listing agent Deborah K Grimm License #71388

    Listing office Perry Wellington Realty, LLC 217 WASHINGTON Street, Hollidaysburg, MD

    Listing date May 1, 2026

    MLS# MDAL2014506 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

    • Converted duplex into a 5‑unit building that is currently fully rented
    • Brick construction
    • Year built: 1920
    • Heating includes electric and baseboard (plus other heating)
    • Parking available on‑street and off‑street
    • Includes a basement

    Overview

    This property in Cumberland, Maryland, is a duplex that has been converted into a five-unit building. The property is currently fully rented. The building has a total area of 2395 square feet and is situated on a lot of 0.0634 acres.

    Local Financial Insights For Apartment 5plus

    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 $28.7k $12.00
    − Vacancy −$1.4k −$0.60
    EGI $27.3k $11.40
    − OpEx −$12.3k −$5.13
    NOI $15.0k $6.27
    2,395 SF · lease $12.00/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $214.5K
    $187.7K – $250.3K (±1% cap)
    NOI $15,017 @ 7.0% cap · market cap 6.67%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $888.2K
    $777.2K – $1.04M (±1% cap)
    NOI $62,173 @ 7.0% cap · market cap 27.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.75652
    Latitude
    39.66268

    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily property in Cumberland, Maryland, fully rented.
    Where is this apartment building located?
    The property is located at 807 BEDFORD Street Cumberland, MD.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Converted duplex into a 5‑unit building that is currently fully rented; Brick construction; Year built: 1920
    More about this property
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