236 Glenn Street, Cumberland, MD 21502

Property Description

<BR> PRICE REDUCED FOR QUICK SALE! <BR>< <BR> 236 Glenn St, Cumberland, MD 21502 <BR> Renovated Three-Unit Property | Strong Rental Income Potential <BR> Build your investment portfolio or live in one unit while the other two help offset your mortgage! This fully renovated property offers three two-bedroom, one-bath units, totaling six bedrooms and three full bathrooms. All furniture in the property conveys. Previously Reported Rental Income <BR> <BR> First level: Two bedrooms and one full bathroom — $1,600/month. <BR> <BR> Second level: Two bedrooms and one full bathroom — $1,600/month. <BR> <BR> Third level: Two bedrooms and one full bathroom, with exterior stair access — $1,500/month. <BR> <BR> That totals $4,700 per month—or $56,400 annually—in gross rental income, offering an attractive foundation for potential cash flow. <BR> <BR> Two Ways to Buy <BR> <BR> Owner-occupants: Eligible buyers may purchase through Fannie Mae financing with as little as 5% down when occupying one unit as their primary residence. Qualifying rental income from the other two units may help support mortgage approval. <BR> <BR> Investors: Ask about DSCR financing with as little as 20% down with NO bank statements and no tax returns and minimum documentation to qualify —up to 80% loan-to-value—for this three-unit property. This financing approach evaluates the property’s rental income to support qualification. <BR><BR> Convenient Cumberland Location Enjoy access to shopping, parks, downtown amenities, and the Cumberland train station, surrounded by the historic character and Appalachian charm of Western Maryland. <BR> Renovated. Furnished Income Potential <BR> <BR> Schedule your private showing today and make an offer! <BR> <BR> Previously reported rents are subject to verification and do not guarantee future income. Actual cash flow depends on mortgage payments, operating expenses, maintenance, and vacancies. All financing is subject to borrower and property eligibility, current lender guidelines, and approval.

Property Features

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