Westernport
Real Estate
Opportunity for Cumberland Residents: City Properties Up for Sale via Sealed Bid
The City of Cumberland has launched a new initiative to sell city-owned real estate through a Sealed Bid Sale Process. This program is designed to return properties to the private sector for optimal use. There are nine properties available, including buildable residential lots and those needing rehabilitation. Interested parties can obtain a bid packet from the Community Development Department at 446 N. Mechanic Street, Cumberland. This packet includes all necessary forms and property details. Bids must be submitted using these forms by 2:00 p.m. on June 14, 2024, to the City Clerk's office at City Hall, 57 N. Liberty St., Cumberland, Maryland. The bids will be opened publicly at 2:30 p.m. the same day in the City Hall Council Chambers. The city also offers an Ongoing Surplus Property Sale, featuring various lots. Bids for these properties can be submitted anytime, with details available on the city’s website. For more information, contact the Community Development Department at 301-722-2000 Ext. 5600 or visit the City of Cumberland’s official website.'Visit here for more details.
$17.7 Million HUD Deal to Revamp 100 Rental Homes at JFK Apartments in Cumberland
The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing (HUD) has completed a $17.7 million deal with the Housing Authority of the City of Cumberland (HACC). This deal will fund the renovation and preservation of 100 affordable rental homes at John F. Kennedy Apartments in Cumberland, Maryland. These apartments, built in 1967, are mainly occupied by seniors and people with disabilities.
A Late Billionaire’s Historic Mansion Gets a Dramatic $55 Million Price Cut
Almost five months after it officially hit the market with an eye-popping $250 million price tag—and just a few short weeks after its longtime owner, billionaire telecom pioneer Gary Winnick, passed away at age 76—the Bel Air trophy estate widely known as “Casa Encantada” (loosely translated to “Enchanted House”) has popped up for sale again, this time with a substantially reduced $195 million ask. Back in 2019, it also was quietly floated as an off-market pocket listing, asking $225 million.The 900-Year-Old Austrian Castle Where Mozart Composed His Final Work Is Headed to Auction Originally designed and built way back in the...
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