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339 Frederick St - 5 Unit Investment Property 5 Unit Apartment Building Offered at $259,000 Cumberland, MD 21502
Executive Summary
Five-unit multi-family investment property in Cumberland, Maryland. This income-producing asset offers electric baseboard heat throughout, with the landlord covering water, sewer, and trash services for simplified management. The property also includes a small adjacent lot, providing added flexibility for potential future use, tenant parking, or additional outdoor space. Conveniently located near downtown amenities, shopping, and major travel routes, 349–351 Frederick Street is well-positioned to attract steady tenant demand and deliver reliable returns for investors looking to grow their portfolio.
(5) 2 Bed/1 Bath Units
1 Unit leased at $675/month, month to month lease
Other properties available. Discount for purchase of all properties.
315 Frederick - 9 Units
-229 E Union - 5 Units
-Commercial Lot
Front & Baltimore .08 Acres
(5) 2 Bed/1 Bath Units
1 Unit leased at $675/month, month to month lease
Other properties available. Discount for purchase of all properties.
315 Frederick - 9 Units
-229 E Union - 5 Units
-Commercial Lot
Front & Baltimore .08 Acres
Property Facts
| Price | $259,000 | Property Type | Multifamily |
| Price Per Unit | $51,800 | Building Size | 3,423 SF |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 5 | Year Built | 1920 |
| Price | $259,000 |
| Price Per Unit | $51,800 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Building Size | 3,423 SF |
| No. Stories | 3 |
| Year Built | 1920 |
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Walk Score®
Very Walkable (78)
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339 Frederick St - 5 Unit Investment Property
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