229 E Union St, Cumberland, MD 21502

This well-maintained, five-unit apartment building is located in the heart of downtown Cumberland, Maryland, just two blocks from restaurants and attractions. Boasting 5,160 square feet, this fee-simple property offers a compelling investment opportunity at $299,900 ($58.12/sq ft and $59,980/unit). The solid brick construction ensures durability, while recent upgrades include a complete overhaul of the building's electrical systems. The city has also invested in infrastructure improvements, updating all water and gas lines. Each of the five units is currently rented, providing immediate cash flow. Further income potential exists through a basement laundry facility equipped with two coin-operated washers and dryers, and a rentable garage for additional storage. Enjoy stunning views of the Allegany Mountains, and benefit from the property's proximity to Amtrak and Western Maryland Railroad stops, as well as the C&O Canal. This property presents a rare chance to acquire a profitable, well-situated multifamily investment in a vibrant downtown location.