Investor Special on E. Harrison Street – Major Rehab, Massive Upside
Calling all investors, developers, and value-driven buyers—an exceptional opportunity awaits on E. Harrison Street in Cumberland, Maryland. Located at 308 E. Harrison Street, this large and versatile property is a true blank canvas, offering endless potential for the right buyer with vision, experience, and ambition. Whether your strategy involves renovation and resale, long-term rental income, or multi-unit redevelopment, this property delivers the flexibility and location needed to support a wide range of investment goals.
Even more compelling, the seller strongly prefers to sell this property together with the neighboring home at 306 E. Harrison Street, creating a rare opportunity to acquire a package deal with expanded frontage, increased redevelopment options, and greater long-term upside. Opportunities like this—where multiple adjacent properties can be acquired together—are increasingly difficult to find, especially in an established neighborhood with strong accessibility.
A True Value-Add Opportunity
This property is not a turnkey home—and that is exactly where the opportunity lies. The structure is in need of major rehabilitation and is being sold strictly AS-IS, making it ideal for seasoned investors or contractors who understand how to unlock value through renovation and redevelopment. With the right improvements, this property could be repositioned as a desirable residential asset in a convenient Cumberland location.
The existing structure offers the flexibility to be converted into either a spacious single-family residence or a multi-family unit, depending on your investment strategy and local zoning considerations. Investors seeking higher cash flow may explore multi-unit possibilities, while those focused on resale may choose to restore the home as a large single-family property with strong after-repair value.
Flexible Use Potential
One of the most attractive aspects of 308 E. Harrison Street is its adaptability. Depending on your vision, this property could become:
A renovated single-family home with modern finishes
A multi-family rental property generating long-term income
Part of a larger redevelopment project when combined with 306 E. Harrison Street
A strategic buy-and-hold investment in a centrally located neighborhood
A potential contractor or investor flip with strong upside after rehab
The ability to reshape the property to meet current market demand is a powerful advantage, especially in an area where well-located housing remains in demand.
Package Deal Potential with 306 E. Harrison Street
The seller’s preference to sell 308 E. Harrison Street together with 306 E. Harrison Street significantly enhances the investment appeal. Acquiring two neighboring properties opens the door to:
Expanded development or renovation plans
Increased rental density potential (subject to zoning and approvals)
Greater economies of scale during rehab
Stronger long-term value and resale appeal
More design flexibility for investors and developers
For buyers seeking to build a larger footprint investment in Cumberland, this package opportunity should not be overlooked.
Prime Cumberland Location
Location remains one of the most important factors in real estate investing, and this property delivers on accessibility and convenience. Situated on E. Harrison Street, the property is close to many of Cumberland’s essential amenities, making it attractive for future occupants and renters alike.
Nearby conveniences include:
Shopping and dining options
Medical facilities and services
Schools and community resources
Easy access to Interstate 68, providing efficient regional connectivity
This central location supports both owner-occupants and tenants, helping to strengthen long-term demand once the property is properly renovated.
Ideal for Experienced Investors and Contractors
Due to the extent of repairs required, this property is best suited for:
Real estate investors
Builders and contractors
Developers with a clear renovation plan
Buyers comfortable managing major rehab projects
This is not a light cosmetic update—significant work is required, and buyers should be fully prepared for a comprehensive renovation. However, for those with the right experience, this level of rehab often brings the greatest opportunity for equity creation and return on investment.
Strong Long-Term Investment Potential
With thoughtful planning and execution, 308 E. Harrison Street has the potential to become a high-performing asset. Cumberland continues to offer affordability, accessibility, and steady housing demand—key ingredients for long-term investment success.
Whether your end goal is:
Rental income
Property appreciation
Portfolio expansion
Redevelopment and resale
this property provides the foundation to build real value from the ground up.
Important Notes & Buyer Responsibility
Property is in need of major rehabilitation
Being sold AS-IS, with no repairs or warranties provided
Extreme caution is advised when entering or touring the property
Buyers are encouraged to perform all due diligence
Package sale with 306 E. Harrison Street is strongly preferred by seller
This is an opportunity built for buyers who understand risk, renovation, and reward.
Final Thoughts
308 E. Harrison Street is not just a property—it’s a project with potential. For the right investor, this is a chance to transform a distressed asset into something truly valuable. With flexible use options, a strategic location, and the added advantage of a neighboring property available for package purchase, this opportunity checks many of the boxes that serious investors look for.
Opportunities with this level of upside, flexibility, and location do not come around often. If you’re ready to bring your vision, resources, and expertise to the table, this could be the next standout addition to your investment portfolio.
📞 Call today to schedule your tour and explore the full potential of this E. Harrison Street investment opportunity.
Listed on Zillow
