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5 Unit Investment Property 341 Frederick St 5 Unit Apartment Building $259,000 ($51,800/Unit) 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 | Building Class | B |
| Price Per Unit | $51,800 | Lot Size | 0.39 AC |
| Sale Type | Investment | Building Size | 3,423 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | RU - Urban Residential | ||
| Price | $259,000 |
| Price Per Unit | $51,800 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 3,423 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | RU - Urban Residential |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 23-004674 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $15,967 |
Property Taxes
Parcel Number
23-004674
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$15,967
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5 Unit Investment Property | 341 Frederick St
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