527 N Centre Street
Cumberland, MD 21502
MLS #AL10058053

  • 7units
  • 0.16acres
  • 2,768sq ft
Est. P&I payment: $999.13/mo
Description for 527 N Centre Street, Cumberland, MD 21502
Offered at a 13% Cap Rate, net of all costs inc tax. Property consists of lots, 0105021863; 0105023963 and 3 structures. 527-529 N Centre adjoin via a hallway, 576 Necessity St stands alone. Several long-term tenants, 1 10-year tenant, 1 5-year tenant, 3 1-1/2-year tenants. All information provided by owner and is deemed reliable but not guaranteed, no warranty or guarantee is made as to accuracy.
MLS #AL10058053
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My Notes for MLS #AL10058053

General Features

  • Property Type: Multi-Family
  • Type: Multi-Family
  • Year Built: 1900
  • Total Units: 7
  • Unit List: One Bedroom
  • One Bedroom Units: 7

Exterior Features

  • Exterior: Siding - Vinyl,​Brick
  • Stories: 2
  • Handicap: Ramp-Main Lvl
  • Roof: Metal
  • Lot AreaAcre: 0.158678
  • Lot Size Area: 6,912
  • Parking: Concrete Driveway,​Drvwy/Off Str,​Free
  • Water Front: N

Interior Features

  • Tax Total Living Area: 2,768
  • Basement: N
  • Windows Doors: Vinyl Clad

Utilities Features

  • Appliances: Stove,​Washer,​Dryer
  • Cooling Fuel: Electric
  • Cooling: Window Unit(s),​Ceiling Fan(s)
  • Heating Fuel: Electric,​Natural Gas
  • Heating: Baseboard,​Forced Air
  • Hot Water: Electric
  • Sewer Septic: Public Sewer,​Public Septic
  • Water: Public

Financial Features

  • Total Taxes: 2,467.88
  • Total Taxes Payment Freq: Annually
  • Tax Year: 2016
  • Improvement Assessment Amount: 111,900
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 17,200
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 129,100
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2017
  • Property Net Operating Income: 33,974
  • Gross Income: 50,500
  • Expenses: 16,526
  • Monthly Gross Rent: 4,450
  • Owner Pays: Taxes-Real Estate,​Utilities,​Property Insurance,​Repairs and Maintenance
  • One Bedroom Avg Rent: 635.71

Community Features

School Features

  • Elementary School: CASH VALLEY
  • High School: ALLEGANY
  • Middle School: BRADDOCK

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: Month-to-Month Lease(s)
  • Property Condition: As-is condition,​Shows Well
  • New Construction: N
  • Zoning Code: I-C


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The listing information for 527 N Centre Street, Cumberland, MD 21502 was graciously provided by our friends at the listing brokerage, Taylor Properties

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P&I Payment $999.13
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Landmark Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Landmark Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
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MRIS is the source of the listing information and listings are provided by various brokerages who participate in the MRIS IDX program. Listings provided by brokerages other than the owner of this website show the listing brokerage on the listing details page. This website is not an MLS nor does it represent the full data set of the MRIS Multiple Listing Service (MLS).
Last Updated 03/23/2018 at 8:23pm
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