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About the Listing TERP1 - 74387,120298
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.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Residential
MLS ®
MDAL2015506
Year Built
1979
Total Square Footage
8,815
Lot/Acreage
0.21
Interior Details
- Bedrooms: 24
- Bathrooms: 8 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 8815
- Below Ground Sq Ft: 0
- Basement:
- Other: No Pet Restrictions,Pets Allowed,Main Floor Bedrooms: 24
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: C1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Parking Lot
Financial Details
- Tax Amount: $1,831
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
109 S Broadway St Frostburg, MD 21532
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