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532 Washington Street

CUMBERLAND, MD 21502
  • $1,100,000
  • STATUS: Active
  • ON SITE: 132 Days
  • ID#: MDAL2006610
UPDATED: 46 min ago
$1,100,000
  • 10
    BEDS
  • 0.34
    ACRES
  • 8
    BATHS
  • 2
    1/2 BATHS
  • 9,136
    SQFT
  • $120
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
County:

School Ratings & Info

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+GGre 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+GGll 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!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-03T21:50:27.963.
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532 Washington Street CUMBERLAND, MD 21502

  • Price: $1,100,000
  • Status: Active
  • On Site: 132 Days
  • Updated: 46 min ago
  • ID#: MDAL2006610
10
Beds
8
Baths
2
½ Baths
0.34
Acres
9,136
SQFT
$120
$/SQFT
1920
Built
Neighborhood:
None Available
County:
Allegany
Area:
N Cumberland - Allegany County (Mdal1)
School District:
Allegany County Public Schools
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+GGre 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+GGll 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!
Exterior Features

Architectural Style Colonial Construction Materials Stucco Door Features French Exterior Features Extensive HardscapeExterior LightingGutter SystemStreet LightsOther Garage YN No Location Type Downtown Lot Features LandscapingRear Yard Parking Features PrivateStone Driveway Parking Types DrivewayOn Street Patio And Porch Features EnclosedPorch(es)Roof Pool No Pool Property Condition Very Good Riparian Rights YN No Roof Tile View Scenic VistaStreetGarden/Lawn Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 7036 Appliances Built-In MicrowaveBuilt-In RangeCooktopDishwasherDryerEnergy Efficient AppliancesOven/Range - ElectricRefrigerator Basement CombinationUnfinished Basement YN Yes Below Grade Finished Area 2100 Below Grade Unfinished Area 916 Cooling Window Unit(s) Fireplace YN Yes Fireplaces Total 8 Flooring Ceramic TileCarpetHardwoodMarble Furnished Yes Heating RadiatorBaseboard - Electric Heating YN Yes Interior Features AtticBuilt-InsChair RailingsCrown MoldingsDining AreaFloor Plan - TraditionalFormal/Separate Dining RoomTub ShowerWalk-in Closet(s)Window TreatmentsWood Floors Laundry Type Dryer In UnitWasher In UnitUpper FloorMain Floor Levels 4 Security Features Security SystemExterior Cameras Upper Level1 Bedrooms 8 Walls Ceilings 9'+ CeilingsHighPlaster WallsPaneled Walls

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2023 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Electric 200+ Amp Service Electric Average Monthly 300 Electric Last12 Months 3600.00 Federal Flood Zone YN No Foundation Details Concrete Perimeter Green Energy Efficient Appliances Heating Fuel Natural Gas Historic YN Yes Horse YN No Hot Water 60+ Gallon TankNatural Gas Internet Services Broadband Municipality Cumberland Navigable Water YN N New Construction YN No Original MLSNumber 802483085180 Ownership Interest Fee Simple Possession 61-90 Days CD90-120 Days CD120-180 Days Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2192.00 Tax Assessment Amount 110300.00 Total Actual Rent 97800.00 Transportation Commuter Rail Station 1 to 5 miles Utilities Electric AvailableNatural Gas AvailableWater AvailableSewer Available Vacation Rental YN No Water Average Monthly 225 Water Last12 Months 2700.00 Water Source Public Window Features Double Hung Year Built Effective 2014 Zoning URBAN RESIDENTIAL

Listing courtesy of Hunt Country Sotheby's International Realty: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-03T21:50:27.963.
 
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