Cumberland, MD 21502,532 WASHINGTON ST
Cumberland, MD 21502,532 WASHINGTON ST
Cumberland, MD 21502,532 WASHINGTON ST
$790,000
Est. payment /mo
$924,500
14.5%
Est.Price: ?

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10,052 SqFt
SOLD DATE : 10/16/2024

Key Details

Sold Price $790,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 10,052 sqft

Price per Sqft $78

MLS Listing ID MDAL2009534

Sold Date 10/16/24

Originating Board BRIGHT

Year Built 1912

Annual Tax Amount $9,242

Tax Year 2024

Lot Size 0.338 Acres

Acres 0.34

Property 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 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!

Location

State MD

County Allegany

Area N Cumberland - Allegany County (Mdal1)

Zoning URBAN RESIDENTIAL

Interior

Hot Water 60+ Gallon Tank, Natural Gas

Heating Radiator, Baseboard - Electric

Cooling Window Unit(s)

Flooring Carpet, Ceramic Tile, Hardwood, Marble

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

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

Water Access N

View Garden/Lawn, Scenic Vista, Street

Roof Type Tile,Other

Accessibility None

Total Parking Spaces 8

Garage N

Building

Lot Description Landscaping, Rear Yard

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Allegany County Public Schools

Others

Tax ID 0106015077

Ownership Fee Simple

SqFt Source Assessor

Security Features Exterior Cameras,Security System

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Morgan Martin Boyer • Hunt Country Sotheby's International Realty
Bought with Brendan Wilson • KW Metro Center

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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