532 Washington Street

Cumberland, MD 21502

$998,000
Price
10
Beds
8
Baths
2
1/2 Baths
9,136 Sq. Ft.
$109 / Sq. Ft.
9,136
Sq. Ft.
$109
per Sq. Ft.

Description

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...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!
  1. Listed by Morgan Martin Boyer • Hunt Country Sotheby's International Realty
    P: 3045963100 morganmartinboyer@gmail.com

Property Details for 532 Washington Street

Tax ID Number
0106021603
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Colonial
Levels/Stories
4
Furnished
Yes

Location

Listing Courtesy of Hunt Country Sotheby's International Realty
Add your commute
LISTING UPDATED: 05/08/2024 01:09 AM

Property Details for 532 Washington Street

StatusActive
MLS #MDAL2006610
Days on Market296
Taxes$2,195 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1920
Lot Size0.34 AC / 14,720 SF
CountyAllegany County

Location

Listing Courtesy of Hunt Country Sotheby's International Realty
Add your commute

Virtual Tour

Building Information for 532 Washington Street

Stories4Year Built1920Building Size-Lot Size0.34 AC / 14,720 SF

Payment Calculator

$5,629 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,446

Property Taxes

$183

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 532 Washington Street

Location
Location
  • In City Limits: Yes
  • Transportation: Commuter Rail Station 1 to 5 miles
  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140562208
  • SchoolDistrictSource: Listing Agent
  • County: ALLEGANY
  • MLS Area: N Cumberland - Allegany County (MDAL1)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $131,000
  • Year Assessed: 2024
  • County Tax: $1,026
  • Improvement Assessed Value: $163,300
  • City Town Tax: $1,168
  • Land Assessed Value: $9,100
  • Land Use Code: R
  • Historic: Yes
  • Zoning: URBAN RESIDENTIAL
  • Tax Page Number: 415
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Rooms
Main
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Half Main Level: 2
All Upper Levels
  • # Bedrooms Count All Upper Levels: 8
  • # Bathrooms Count All Upper Levels: 6
  • # Bathrooms Full All Upper Levels: 6
Upper Level 1
  • # Bedrooms Count Upper Level: 8
  • # Bathrooms Count Upper Level: 6
  • # Bathrooms Full Upper Level: 6
All Lower Levels
  • # Bedrooms All Lower Levels: 2
  • # Bathrooms All Lower Levels: 2
  • # Bathrooms Full All Lower Levels: 2
Lower Level 1
  • # Bedrooms Lower Level: 2
  • # Bathrooms Lower Level: 2
  • # Bathrooms Full Lower Level: 2
Rooms
  • Stories: Lower 1, Main, Upper 1
Financial Information
Expenses
  • Water Avg Month: $225
  • Water Prev 12 Months: $2,700
  • Electric Avg Month: $300
  • Electric Prev 12 Months: $3,600
  • Gas Avg Month: $1,800
  • Gas Prev 12 Months: $21,600
Financial Information
  • Annual Rental Income: $97,800
Building Info
Green Info
  • Green Energy Efficient: Appliances
Building Info
  • Year Major Reno Remodel: 2014
  • Total Finished SQFT: 9,136.00
  • Total Finished SQFT Source: Estimated
  • Total SQFT: 10,052.00
  • Total SQFT Source: Estimated
  • Construction Materials: Stucco
  • Roof: Tile
  • Wall and Ceiling Types: 9'+ Ceilings, High, Plaster Walls, Paneled Walls
  • Flooring Type: Ceramic Tile, Carpet, Hardwood, Marble
  • Basement Type: Combination, Unfinished
  • Foundation Details: Concrete Perimeter
  • Room and Floor: Bathrooms Half-Main Level-1, Bathrooms Half-Main Level-2, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bedrooms-Upper Level 1-5, Bedrooms-Upper Level 1-6, Bedrooms-Upper Level 1-7, Bedrooms-Upper Level 1-8, Bedrooms-Lower Level 1-1, Bedrooms-Lower Level 1-2, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2, Bathrooms Full-Upper Level 1-3, Bathrooms Full-Upper Level 1-4, Bathrooms Full-Upper Level 1-5, Bathrooms Full-Upper Level 1-6, Bathrooms Full-Lower Level 1-1, Bathrooms Full-Lower Level 1-2
  • # Bathrooms Full: 8
  • # Bathrooms Half: 2
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Landscaping, Rear Yard
  • Location Type: Downtown
  • Parcel ID: 14912753
  • Additional Parcels: No
Parking
Parking
  • Type Of Parking: Driveway, On Street
  • Driveway - # of Spaces: 8
  • Parking Features: Private, Stone Driveway
Interior Features
Interior Features
  • 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
  • Fireplace: Yes
  • Fireplaces Count: 8
  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Dryer, Energy Efficient Appliances, Oven/Range - Electric, Refrigerator
  • Accessibility Features: None
  • Security Features: Security System, Exterior Cameras
  • Door Features: French
  • Window Features: Double Hung
  • Laundry Type: Dryer In Unit, Washer In Unit, Upper Floor, Main Floor
Exterior Features
Exterior Features
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Gutter System, Street Lights, Other
  • Outdoor Living Structures: Enclosed, Porch(es), Roof
  • Pool: No Pool
  • Horse: No
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator, Baseboard - Electric
  • Heating Fuel: Natural Gas
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
  • Internet Services: Broadband
Confidential Data
Listing Office
  • List Agent AOR: Eastern Panhandle Board of REALTORS

Property History for 532 Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 532 Washington Street

Taxable ValueLand$33,300Additions$310,200Total$343,500
Tax Record2023$3,196 ($266 / month)
Home Facts
Beds0Baths9Total Finished SqFt9,136 SqFtAbove Grade Finished SqFt7,036 SqFtFinished Basement SqFt2,100 SqFtStories3Lot Size14,720 SqFtStyleSingle Family ResidenceYear Built1912CountyALLEGANYAPN06-015077Fireplace TypeHas Fireplace

Schools near 532 Washington Street

This home is within Allegany County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
West Side Elementary School
PublicPK to 5

Braddock Middle School
Public6 to 8

Allegany High School
Public9 to 12

Center For Career & Technology Education
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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532 Washington Street is a single family home for sale in Cumberland, MD 21502. This property was listed for sale on July 23, 2023 by Hunt Country Sotheby's International Realty, it's currently listed at $998,000. It has been on the market for a total of 296 days and was last sold on March 17, 2017. This listing's school district is Allegany County Public Schools. Nearby schools include West Side Elementary School, Braddock Middle School and Allegany High School. 532 Washington Street is a 10-bed, 9-bath, 9,136 sqft single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hunt Country Sotheby's International Realty

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/08/2024 01:09 AM