Investors, developers, and savvy buyers—308 E. Harrison Street in Cumberland offers a rare chance to acquire a large, versatile property with tremendous potential. Perfect for renovation, resale, long-term rental, or multi-unit redevelopment, this property provides the flexibility and location needed to support a wide range of investment goals.
Even more appealing, the seller prefers to sell this home together with the neighboring 306 E. Harrison Street, creating a unique package deal with expanded frontage, enhanced redevelopment options, and greater long-term upside. Opportunities like this, where adjacent properties can be acquired together, are increasingly rare in established, accessible neighborhoods.
A True Value-Add Property
308 E. Harrison Street is sold strictly AS-IS and requires major rehabilitation—making it ideal for experienced investors, contractors, or developers who can unlock value through renovation. With the right improvements, this property could become a highly desirable residential asset in a convenient Cumberland location.
The structure can be adapted as a spacious single-family home or a multi-family unit, depending on your strategy and local zoning. Investors seeking rental income may explore multi-unit conversions, while those focused on resale can restore the property as a single-family home with strong after-repair value.
Flexible Use Options
Depending on your vision, this property could become:
- A renovated single-family home with modern finishes
- A multi-family rental generating long-term income
- Part of a larger redevelopment when combined with 306 E. Harrison Street
- A strategic buy-and-hold investment in a central neighborhood
- A contractor or investor flip with strong upside potential
This adaptability is a major advantage in an area where well-located housing remains in demand.
Package Deal Potential
Acquiring both 308 and 306 E. Harrison Street offers:
- Expanded renovation or redevelopment opportunities
- Increased rental density potential (subject to zoning)
- Economies of scale during rehab
- Stronger long-term value and resale potential
- Greater design flexibility for investors and developers
For buyers looking to expand their footprint in Cumberland, this package deal is a rare opportunity.
Prime Location
Situated on E. Harrison Street, this property provides easy access to Cumberland’s amenities, including shopping, dining, medical services, schools, and community resources. Interstate 68 is nearby, ensuring convenient regional connectivity. Its central location supports both tenants and future owners, strengthening long-term demand once the property is updated.
Ideal for Experienced Investors and Contractors
Due to the extent of repairs needed, this property is best suited for:
- Real estate investors
- Builders and contractors
- Developers with a renovation plan
- Buyers comfortable managing major rehab projects
This is a full renovation project, not a cosmetic update. Experienced buyers will find the potential for significant equity creation and strong returns.
Long-Term Investment Potential
With careful planning and execution, 308 E. Harrison Street can become a high-performing asset. Cumberland’s affordability, accessibility, and steady housing demand provide the foundation for success, whether your goal is rental income, property appreciation, portfolio expansion, or resale after redevelopment.
Important Buyer Notes
- Property requires major rehabilitation
- Sold AS-IS, with no repairs or warranties
- Extreme caution advised during tours
- Due diligence is essential
- Seller strongly prefers package sale with 306 E. Harrison Street
Final Thoughts
308 E. Harrison Street is more than a property—it’s a project with significant potential. Flexible use options, a central location, and the opportunity to acquire a neighboring property make this a standout investment. Opportunities like this, with upside, flexibility, and location, are rare. Bring your vision, resources, and expertise to create a high-value asset.
📞 Call today to schedule your tour and discover the full potential of this investment opportunity.
Listed on Zillow
