BEDS12
BATHS6 full
SQUARE FEET3,780
MLS#MDAL2014254
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SCHOOLALLEGANY COUNTY PUBLIC SCHOOLS
Property Description
6-unit multifamily investment property offering immediate cash flow and strong upside potential. All units are 2 bedrooms and 1 bathroom. Five of six units are currently occupied. All leases are month to month, providing a new owner with full flexibility to reposition rents or renovate at turnover. Current rents are below market rate with potential to achieve a double-digit cap rate through modest rent increases in line with current market conditions. Located in Frostburg, home to Frostburg State University, supporting consistent rental demand. Ideal for investors seeking a value-add multifamily asset with stabilized occupancy and room to grow. Do not disturb tenants. All showings by appointment only.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Basement: Yes
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric
Home Style: Federal
Lot Size: 0.14 Acres
Stories: 3.0
Taxes: $3,196
Year Built: 1935
Feature Descriptions
Additional Structures: Above Grade
Days on Site: 12
Exterior: Block
Lot Dimensions: 0.14 Acre(S)
Municipality: Frostburg
Sewer: Public Sewer
SQFT Above Finished: 3780
SQFT Total Finished: 3780
Structure Type: Detached
Water: Public
Local Schools
School District: ALLEGANY COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Cummings & Co. Realtors
Agency Phone: 4108230033
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 933.40 per month $589.78 Principal & Interest $266.33 Property Tax $77.29 Homeowner's InsuranceChange Payment Information
All commissions are negotiable
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8 Hill Street | MLS# MDAL2014254
This single family home located at 8 Hill Street, Frostburg, MD 21532 is currently listed for sale with an asking price of $265,000. This property was built in 1935 and has 12 bedrooms and 6 full baths with 3780 sq. ft. Hill Street is located within the ALLEGANY COUNTY PUBLIC SCHOOLS school district. Search Frostburg real estate on www.joinrealtymark.net today.