<BR> PRICE REDUCED FOR QUICK SALE! <BR>
<BR> 236 Glenn St, Cumberland, MD 21502 <BR>
Renovated Three-Unit Property | Strong Rental Income Potential
<BR> <BR>
Build your investment portfolio or live in one unit while the other two help offset your mortgage! This fully renovated property offers three two-bedroom, one-bath units, totaling six bedrooms and three full bathrooms. All furniture in the property conveys.
Previously Reported Rental Income
<BR> <BR>
First level: Two bedrooms and one full bathroom — $1,600/month.
<BR> <BR>
Second level: Two bedrooms and one full bathroom — $1,600/month.
<BR> <BR>
Third level: Two bedrooms and one full bathroom, with exterior stair access — $1,500/month.
<BR> <BR>
That totals $4,700 per month—or $56,400 annually—in gross rental income, offering an attractive foundation for potential cash flow.
<BR> <BR>
Two Ways to Buy
<BR> <BR>
Owner-occupants: Eligible buyers may purchase through Fannie Mae financing with as little as 5% down when occupying one unit as their primary residence. Qualifying rental income from the other two units may help support mortgage approval.
<BR> <BR>
Investors: Ask about DSCR financing with as little as 20% down with NO bank statements and no tax returns and minimum documentation to qualify —up to 80% loan-to-value—for this three-unit property. This financing approach evaluates the property’s rental income to support qualification.
<BR><BR>
Convenient Cumberland Location
Enjoy access to shopping, parks, downtown amenities, and the Cumberland train station, surrounded by the historic character and Appalachian charm of Western Maryland.
<BR><BR>
Renovated. Furnished. Income potential.
<BR> <BR>
Schedule your private showing today and make an offer!
<BR> <BR>
Previously reported rents are subject to verification and do not guarantee future income. Actual cash flow depends on mortgage payments, operating expenses, maintenance, and vacancies. All financing is subject to borrower and property eligibility, current lender guidelines, and approval.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$299,999
Days On Site
18 Days
Bedrooms
6
Inside Area (SqFt)
2,451 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1900
MLS Number
MDAL2016100
Status
Active Under Contract
Property Tax
$2,756
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
2 weeks ago
Status changed to Active Under Contract
2 weeks ago
Listing updated with changes from the MLS
3 weeks ago
Listing first seen on site
General Features
Acres
0.02
Foundation
Brick/MortarConcrete Perimeter
Green Energy Efficient
HVACLighting
Levels
Three Or More
Number Of Stories
4
Parking
On StreetUnassignedPaved
Pets
Yes
Property Sub Type
Single Family Residence
Security
Smoke Detector(s)Security Lights
Sewer
Other
Special Circumstances
Standard
SqFt Above
2451
SqFt Total
2451
Style
TraditionalTransitional
Utilities
Cable AvailableWater AvailableElectricity Available
Zoning
U
Interior Features
Appliances
RangeElectric Water HeaterWasherBuilt-In RangeDishwasherDisposalRefrigeratorWasher/Dryer StackedMicrowaveENERGY STAR Qualified Water HeaterDryer
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.