6 months on rocket

Backup Offers

137 Polk St, Cumberland, MD, 21502

$175,000

Home List Price

$2,078*

Closing Credit

0 Baths
1,680 SqFt
$104/SqFt
Multi
Schools Nearby

Location

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137 Polk St, Cumberland$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1910
HeatingBaseboard
CoolingWindow Unit(s)
MLS #MDAL2007262
Lot Size0.04 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 137 Polk St

This established "airbnb" gem is located in the heart of Cumberland and is ready to put money in your pocket! The income is unbelievable, and the best part is...IT COULD BE YOURS! The property features a top and bottom duplex each with 1 bedroom, 1 full bathroom, living room and kitchen. Both units will come fully furnished with the right offer so you can keep the income flowing with the "airbnb" rentals. Guests have raved about the close proximity to historic downtown Cumberland, the Cumberland Theatre, Western Maryland Scenic Railroad, the C&O Canal and GAP Trail and all the local bars, restaurants and shops! Now with all the work being done on the downtown mall it's going to drive even more guests your way! The current "housekeeper" is willing to stay on staff for the new owner and does a great job between guests and making sure the units are in pristine condition for each guest! The property comes with a side lot that allows for off street parking for the guests which is a huge asset! There is a shared entrance, and each unit has laundry that guests are able to take advantage of as well.

Property Details

Property Features

Property Information:

  • Architectural Style: Bi-level
  • Year Built: 1910
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: Charis Realty Group
  • Office Phone: (240) 801-5011
  • Listing Agent: Allison R Candelas

Interior Features

Interior Information:

  • Appliances: Refrigerator, Water Heater, Stove
  • Basement: No
  • Interior: 2nd Kitchen, Entry Level Bedroom, Ceiling Fan(s)

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Allegany High School, Public District Grades 9-12
  • Braddock Middle School, Public District Grades 6-8
  • Cash Valley Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Centre Street to Polk St. Go by the property and turn right and parking area is on the left.

Municipality:

  • Cumberland

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $364
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cumberland, MD.

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Cumberland, MD

City

Med. Sold Price

$134.3K

Med. Price/SqFt

$92

Avg. Days On Market

65

# of Sold Homes

27

137 Polk St vs Cumberland

202 DAYS ON ROCKET

+137 Days

$175,000

+$40.6K More

$104/SqFt

+$12 More

KEY TAKEAWAY

This property is $40.6K more than the Median Sold Price and $12/SqFt more than other homes in Cumberland, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAL2007262

Listing Office:

  • Office Name: Charis Realty Group
  • Office Phone: (240) 801-5011
  • Listing Agent: Allison R Candelas

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 07, 2019Home Sold
$39,500
Feb 18, 2004Home Sold
$35,000
Feb 18, 2004Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $38,300
2020$364$39,300
2018$372$39,233
2017$370$39,200

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1860140
8
/10

  • Cash Valley Elementary School

  • 10601 Cash Valley Rd NW

  • 2.88 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1860141
6
/10

  • Braddock Middle School

  • 909 Holland St

  • 0.91 miles

  • Public District Grades 6-8

High School

school-card-donut-1860142
5
/10

  • Allegany High School

  • 616 Sedgwick St

  • 0.69 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,194. Most Cumberland, MD residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Maryland›Allegany County›Cumberland›21502›137 Polk St

This home is located at 137 Polk St in Cumberland, MD and zip code 21502. This 1,680 square foot home, which was built in 1910, sits on a 0.04 acre lot. It has been listed on Rocket Homes since October 09, 2023 and is currently priced at $175,000.

Over 6 listings were sold over their listed price in March 2024 in Cumberland, MD. In the same period over 20 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Cumberland, MD between February 2024 and March 2024 increased by 4.9%. Listings spent 65 days on the market in March 2024, and had a median list price of $134,375 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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