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55 Centre-Frederick Street

CUMBERLAND, MD 21502
  • $899,900
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: MDAL2005192
UPDATED: 69 min ago
$899,900
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,115
    SQFT
  • $99
    $/SQFT
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Description

Oh soooo metropolitan!! This one-of-a-kind property on steriods that boasts 4 income producing commericial units (totaling $6000 a month) and one of the most unique, contemporary owner's apartments imaginable d!esigned by an architect out of New York City in the 70's for a local doctor and his wife and their passion was art! Situated in the newly established Mid-Town on Centre area that offers all types of dining, art galleries, live entertainment, and retail just outside your door. Imagine enjoying al fresco dining on warm evenings with a variety of choices every night. The city of Cumberland is also beginning to improve the well known historic downtown area which will provide even more arts and entertainment and housing while showcasing the charming picturesque architecture the defines our area, however, your property is located in the catbird spot!! What a great combination of opportunity and income--and yet there are even more layers to embrace! Wrap your mind around this if you can, this apartment offers an incredible art collection that any collector would drool over--all included in the sales price. What???? Who does that? In fact, the owner says: I am taking my clothes and my toothbrush and it's all yours. You will be stunned as to what is included, but you will certainly not be disappointed for sure! Along with the art, owner is including a liquor license and with a great unit, currently vacant that looks out into a Georgetown-like courtyard--how about a Bourbon and Cigar bar? Or sell the license if desired and make your investment work for you immediately. There is also a14 space parking lot (almost unheard of in downtown Cumberland! Owner's apartment has a private elevator (see pictures) Another layer? This property has a full basement with an abundance of storage--maybe rent some of the space there--the possibilities are almost endless!This is a once in a lifetime opportunity to have it all in Mid-town on Centre--you won't regret it--just take a look at the enclosed pictures and prepare to be WOWED!! Many of the distinctive appointments were once located in the Queen City Station.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dart Homes | Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-08T06:55:40.623.
www.darthomes.com/homes/136239059
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55 Centre-Frederick Street CUMBERLAND, MD 21502

  • Price: $899,900
  • Status: Active
  • On Site: 19 Days
  • Updated: 69 min ago
  • ID#: MDAL2005192
0
Beds
0
Baths
0
½ Baths
0.27
Acres
9,115
SQFT
$99
$/SQFT
1977
Built
Neighborhood:
N Cumberland - Allegany County (Mdal1)
County:
Allegany
Area:
N Cumberland - Allegany County (Mdal1)
School District:
Allegany County Public Schools
Property Description
Oh soooo metropolitan!! This one-of-a-kind property on steriods that boasts 4 income producing commericial units (totaling $6000 a month) and one of the most unique, contemporary owner's apartments imaginable d!esigned by an architect out of New York City in the 70's for a local doctor and his wife and their passion was art! Situated in the newly established Mid-Town on Centre area that offers all types of dining, art galleries, live entertainment, and retail just outside your door. Imagine enjoying al fresco dining on warm evenings with a variety of choices every night. The city of Cumberland is also beginning to improve the well known historic downtown area which will provide even more arts and entertainment and housing while showcasing the charming picturesque architecture the defines our area, however, your property is located in the catbird spot!! What a great combination of opportunity and income--and yet there are even more layers to embrace! Wrap your mind around this if you can, this apartment offers an incredible art collection that any collector would drool over--all included in the sales price. What???? Who does that? In fact, the owner says: I am taking my clothes and my toothbrush and it's all yours. You will be stunned as to what is included, but you will certainly not be disappointed for sure! Along with the art, owner is including a liquor license and with a great unit, currently vacant that looks out into a Georgetown-like courtyard--how about a Bourbon and Cigar bar? Or sell the license if desired and make your investment work for you immediately. There is also a14 space parking lot (almost unheard of in downtown Cumberland! Owner's apartment has a private elevator (see pictures) Another layer? This property has a full basement with an abundance of storage--maybe rent some of the space there--the possibilities are almost endless!This is a once in a lifetime opportunity to have it all in Mid-town on Centre--you won't regret it--just take a look at the enclosed pictures and prepare to be WOWED!! Many of the distinctive appointments were once located in the Queen City Station.
Exterior Features

Architectural Style Other Construction Materials BrickCombinationConcrete Exterior Features Exterior LightingSidewalksStreet Lights Garage YN No Lot Features CornerLandscapingLevelRoad Frontage Other Structures Above GradeBelow Grade Parking Features Lighted ParkingPaved Parking Parking Types Parking Lot Pool No Pool Property Condition Very Good Riparian Rights YN No Roof Rubber View CityCourtyardStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 9115 Appliances DishwasherDryerOven/Range - ElectricRange HoodRefrigeratorWasher Below Grade Finished Area 0 Below Grade Unfinished Area 1828 Cooling Central A/C Fireplace YN Yes Fireplaces Total 1 Heating Hot Water Heating YN Yes Inclusions See Remarks. Interior Features 2nd KitchenAdditional StairwayBarBreakfast AreaBuilt-InsCarpetCeiling Fan(S)Combination Dining/LivingDining AreaElevatorEntry Level BedroomFamily Room Off KitchenFloor Plan - OpenFormal/Separate Dining RoomPantryKitchen - GalleyRecessed LightingStain/Lead GlassTub ShowerWalk-In Closet(S)Wet/Dry BarWindow TreatmentsOther Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Accessibility Features Elevator Assessment Year 2023 Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality Cumberland Navigable Water YN N New Construction YN No Number Of Units Leased 5 Number Of Units Total 3 Number Of Units Vacant 0 Original MLSNumber 802108150494 Owner Pays Other Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Over Storefront Tax Annual Amount 9729.00 Tax Assessment Amount 537600.00 Total Actual Rent 90000.00 Vacation Rental YN No Water Source Public Window Features AtriumInsulated Zoning B-Cbd

Listing courtesy of Perry Wellington Realty, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dart Homes | Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-08T06:55:40.623.
 
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