• 532 Washington Street CUMBERLAND, MD 21502

  • $1,100,000
  • 10
    Bed(s)
  • 8.5
    Baths
  • 0
    Sq Ft
  • 14720
    Sqft

A unique investment opportunity located in the Washington Street Historic District! Presenting a furnished, 4 unit property that was professionally restored and meticulously renovated. Whether you’re looking to scale up your Airbnb portfolio with a manageable multi-unit property or interested in long term rental option, this stately turn-of-the-century has you covered. Built in 1912, this five-bay Colonial Revival greets you with stunning hardscaping and lush landscaping. The driveway is composed of 200 year-old rose colored granite cobblestones framed by red brick sidewalks. An open terrace stretches across the stucco facade and the enclosed colonnaded porch. The principal windows feature double-hung wooden sashes with six-over-one lights and exterior shutters. Raising your gaze, you’ll notice round arch windows across the front, external end chimneys, original copper gutters, and three dormers resting on the green terracotta tile roof. In 1946, the home was divided into two main residences and two smaller residences in the lower level. Through the front door, the vestibule provides access to Suites 1 and 2. You will be delighted to find original oak floors, intricate historic elements and expertly designed spaces. As you enter Suite 1, you are greeted by an open foyer with staircase and large living room with office nook. Four decorative French doors provide a captivating entrance to the light-filled dining room with intricately adorned floor-to-ceiling windows, cozy fireplace, and a pass through to the completely renovated kitchen featuring granite countertops, gas stove, and double ovens. Upstairs, the large primary bedroom provides access to a spectacular rooftop terrace. Enjoy views of Wills Mountain and the surrounding neighborhood while sitting in the shade of a towering 250 year old oak tree. Through the primary is a walk-in closet with stunning wood paneling and primary en suite bathroom. Across all four units, every bathrooms was renovated with elegant marble walls + floors, brass fixtures, marble top vanity sinks, and more. Down the hall is the first guest suite with sizable en suite. The third floor has the remaining two guest bedrooms, laundry room and full bathroom. Suite 2 welcomes you with an open foyer, elegant staircase and large living room with more of the same beautiful woodwork, French doors, and fireplace. The spacious first floor also includes a powder room, dining room and upgraded kitchen complete with granite countertops and gas stove. The second floor accommodates the oversized primary bedroom with ensuite bathroom and down the hall are the first two guest rooms and shared bathroom. The final bedroom, bathroom and laundry room can be found on the third floor. Making your way back outside and down the side stairs, a lower terrace provides access to Suites 3 + 4. Suite 3 is located at the end of the hallway and continues the theme of open foyers. A well positioned unit with a pleasant flow from dining room, kitchen, family room, bedroom and bathroom with walk-in shower. A large exterior porch spanning the entirety of the unit offers private outdoor space with beautiful views. Suite 4 is the final unit with functional kitchen, cozy family room, bedroom and full bathroom featuring a clawfoot tub/shower. Heading back outside and continuing down the stairs, the backyard was leveled and planted with hydro seed grass. Over 500 bushes were planted, eg: golden star junipers, Hollywood twisted juniper, red barberry, dwarf boxwoods, and juniper ground cover. This is a wonderful opportunity to own a historically significant property in the heart of Downtown Cumberland!

Property Type :

Residential

Subdivision :

None Available

County :

ALLEGANY

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 10

Total Bedroom (Lower): 2

Total Bedroom (Upper): 8

Bedroom Lower Level 1: 2

Bedroom Upper Level 1: 8

Bathroom Information

Total Baths: 10

Full Baths: 8

Half Baths: 2

Laundry Source

Laundry Type : Dryer In Unit,Washer In Unit,Upper Floor,Main Floor

Water/Sewer

Water Source : Public

Room Information

Patio/Porch Features: Enclosed,Porch(es),Roof

Interior Features

Attic,Built-Ins,Chair Railings,Crown Moldings,Dining Area,Floor Plan - Traditional,Formal/Separate Dining Room,Tub Shower,Walk-in Closet(s),Window Treatments,Wood Floors

Roof : Tile

Exterior Property Features : Extensive Hardscape,Exterior Lighting,Gutter System,Street Lights,Other

Basement Description: Combination,Unfinished

Property Appliances: Built-In Microwave,Built-In Range,Cooktop,Dishwasher,Dryer,Energy Efficient Appliances,Oven/Range - Electric,Refrigerator

Roofing Information

Tile

Heating & Cooling

Cooling: Window Unit(s)

Heating: Radiator,Baseboard - Electric

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Window Information

Window Treatments: Double Hung

Building Information

Exterior Features: Extensive Hardscape,Exterior Lighting,Gutter System,Street Lights,Other

Year Built: 1920

Structure: Detached

Fireplace: 8

Major Appliances: Built-In Microwave,Built-In Range,Cooktop,Dishwasher,Dryer,Energy Efficient Appliances,Oven/Range - Electric,Refrigerator

New Construction: No

Built: 1920

Construction Material: Stucco

Security System: Security System,Exterior Cameras

Roof: Tile

Foundation/Basement: Concrete Perimeter

Architecture: Colonial

Pool/Private: No Pool

Roof Type: Tile

Exterior Features

Utilities: Electric Available,Natural Gas Available,Water Available,Sewer Available

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: 60+ Gallon Tank,Natural Gas

Lot Information

Lot Size: 14,720

Lot Size (Acres): 0.34

Architectural Style: Colonial

Main Square Feet: 14,720

Property Information

SQ ft: 10,052

SQ ft (Living Area): 9,136

Total Lot SQ ft: 14,720

View: Scenic Vista,Street,Garden/Lawn

Subdivision: NONE AVAILABLE

Financing: Cash,Conventional

Total Acreage: 0.34

New Construction: No

Type: Colonial

Listing Information

Possession: 61-90 Days CD,90-120 Days CD,120-180 Days

Energy Features: Appliances

Days Of Market: 206

Tax Information

Annual Tax: $2,195

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

61-90 Days CD,90-120 Days CD,120-180 Days

Assessment Information

Taxes Assessment Amount: $110,300

Virtual Tour

Parking Information

Total Parking Spaces: 8

Parking Type: Driveway,On Street

Parking Features: Private,Stone Driveway

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Roof: Tile

Homeowners Association Information

Direction: From I-68W, take exit 42. Keep left on ramp and follow signs for Greene Street. Drive 0.4 miles and turn left onto Fayette St. Take first right onto Washington St and follow for 0.5 miles. The home will be on the right.

School Information

School District: ALLEGANY COUNTY PUBLIC SCHOOLS

Fire Place Information

Total Fire Place: 8

Utility Information

Electric Available,Natural Gas Available,Water Available,Sewer Available

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Hot Water: 60+ Gallon Tank,Natural Gas

Location Information

Location Type: Downtown

Direction: From I-68W, take exit 42. Keep left on ramp and follow signs for Greene Street. Drive 0.4 miles and turn left onto Fayette St. Take first right onto Washington St and follow for 0.5 miles. The home will be on the right.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Sheridan Place , Cumberland, MD,21502 $7,000 -- -- 14,700 14700 Sqft
2-12 Patterson Avenue , Cumberland, MD,21502 $19,900 -- -- 37,026 37026 Sqft
Mcmullen Highway , Cumberland, MD,21502 $125,000 -- -- 76,666 76666 Sqft
13910 Bedford Road , Cumberland, MD,21502 $475,000 -- -- 392,911 392911.2 Sqft
11515 Morningside Drive.., Cumberland, MD,21502 $64,900 3 1.0 1,148 94525 Sqft
12528 Willowbrook Road , Cumberland, MD,21502 $1,800,000 -- -- 2,531,707 2531707.2 Sqft
Rosewood Street , Cumberland, MD,21502 $29,990 -- -- 44,867 44867 Sqft
126 Seymour Street , Cumberland, MD,21502 $66,000 4 2.0 2,876 3886 Sqft
447 Williams Street , Cumberland, MD,21502 $34,500 -- -- 18,720 18720 Sqft
13805 Oriole Drive Se, Cumberland, MD,21502 $32,500 -- -- 13,808 13808 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/27/2024 @ 08:52

MLS: MDAL2006610
LISTED BY: Morgan Martin Boyer , Hunt Country Sotheby's International Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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