229 E UNION STREET, CUMBERLAND, MD 21502
ALLEGANY County
Key Facts
Description
This investment multi-family property features five income-producing units, each with baseboard heat and tenant-paid electric. The landlord currently covers water, sewer, and trash services, and the property also includes a garage. Ideally located in an established residential neighborhood with access to downtown amenities, shopping, and major commuter routes, this asset is attractive to both tenants and investors. 5 Units - (1) 2 bed/1bath, (2) 1 bed/1 bath, (2) efficiency 1 bedroom unit is currently leased at $700/month. currently a month to month lease. Other properties available. Discount for purchase of all 4 properties. 315 Frederick - 9 Units 339/341 Frederick - 5 Units Commercial Lot Front & Baltimore .08 Acres
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Structure Type
House
Year Built
1910
Living Area
5,160 sq ft
Lot Size
0.25 acres
Zoning
URBAN RESIDENTIAL
Days on Market
4
MLS® Listing#
MDAL2013846
Property Features
Cooling
Heating
Pool
Parking
Construction
Foundation
Sewer
Water Source
Schools
- District:
- ALLEGANY COUNTY PUBLIC SCHOOLS
Financial Details
Annual Taxes
$2,577
Tax year 2025
Assessed Value
$130,433
Parcel Number
0122013262
Directions
68 to Maryland Ave (North) Left on E Harrison St. Right on Park St. Right on E Union
Affordability Calculator
$49,800
Estimated monthly payment
$1,325/mo
Principal $199,200 · Est. interest $277,902 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in CUMBERLAND, MD
- 67
- Median Days on Market
- 1,788
- Median Sq Ft
- $103
- Median Price / Sq Ft
- 129
- Active Listings
- Its price per sq ft is 53% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in CUMBERLAND, MD.
Location
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Points of Interest in CUMBERLAND, MD
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 319 GRAND AVENUE, CUMBERLAND, MD | $175,000 | 4 | 2 | 2,575 |
| 825 SHAWNEE AVENUE, CUMBERLAND, MD | $178,500 | 3 | 1 | 1,214 |
| 449 COLUMBIA STREET, CUMBERLAND, MD | $179,000 | 4 | — | 2,248 |
| 307 HELEN STREET, CUMBERLAND, MD | $179,900 | 4 | 2 | 1,966 |
| 813 COLUMBIA AVENUE, CUMBERLAND, MD | $179,900 | 3 | 2 | 1,596 |
| 775 MACDONALD TERRACE, CUMBERLAND, MD | $180,000 | 3 | 2 | 1,576 |
Moving Cost Estimate
Listing Courtesy: Berkshire Hathaway HomeServices Homesale Realty - 3017451620