8 Unit investment Apartment Building in the heart of Frostburg University. The building consists of 8 units of 3 Bedrooms and 1 Bathrooms split over 2 floors. 5 Units are currently rented and 3 are vacant. The total rent collected currently varies but $40,000 was collected last school year. The owner has 51 other units in Frostburg walking distance to the University. All properties have been maintained by an in house property manager. A portfolio sale of all 59 units can also be an option. 12 units are currently vacant. Gross income in 2025 $448,000. Seller financing is available for a portfolio buyer.
Listed By
Agency Name: Terrapin Realtors, Inc
Agency Phone: 3013555000
Shown By
Agent Name: Ella Lesh
Agent Phone: Cell: (717) 609-2597
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,411.20 per month $1,112.78 Principal & Interest $152.58 Property Tax $145.83 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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109 S Broadway Street | MLS# MDAL2015506
This single family home located at 109 S Broadway Street , Frostburg, MD 21532 is currently listed for sale with an asking price of $500,000. This property was built in 1979 and has 24 bedrooms and 8 full baths with 8815 sq. ft. S Broadway Street is located in the BEALLS ADDITION subdivision within the ALLEGANY COUNTY PUBLIC SCHOOLS school district. Search BEALLS ADDITION real estate on www.ellaleshrealtor.com today.