113 Ctr St Cumberland, MD 21502-3791

This exceptional two-unit building, located at 113 S Centre Street in Cumberland, MD, presents a compelling investment opportunity. Boasting 3,925 square feet on a 0.05-acre lot, this property is ideally situated in the revitalized downtown district, benefiting from high foot traffic and excellent walkability. Currently configured as a non-profit office and a separately rented unit generating $850 monthly income, the property offers significant flexibility. The lower level includes a kitchenette, storage space, one full bath, and one half bath. Convenient off-street parking is available in the rear, supplemented by metered parking in the front. The non-profit tenant currently occupies one unit rent-free, but has been offered a purchase option or a 60-day notice to vacate, allowing the new owner to maximize rental income. The seller currently covers all utilities except electricity (metered separately) and internet. With a potential rental income of $850-$900 per unit per month, this property offers a strong return on investment. The property is priced at $150,000, reflecting a recent significant price adjustment. This is an ideal opportunity for an owner-occupant seeking to run a business from one unit while living in the other, or for an investor looking to capitalize on the strong rental market in downtown Cumberland.