8 HILL ST, Frostburg, MD 21532
8 HILL ST, Frostburg, MD 21532
8 HILL ST, Frostburg, MD 21532
8 HILL ST, Frostburg, MD 21532
8 HILL ST, Frostburg, MD 21532
8 HILL ST, Frostburg, MD 21532
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$ 265,000
Est. payment | /mo

12 Beds

6 Baths

3,780 SqFt


Save
$ 265,000
Est. payment | /mo
Save

12 Beds

6 Baths

3,780 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,780 sqft

Price per Sqft $70

Lot Size 6,144 Sqft

MLS Listing ID MDAL2014254

Style Federal

Subdivision None Available

Bedrooms 12

Full Baths 6

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

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.

Location

State MD

County Allegany

Area Frostburg - Allegany County (Mdal8)

Zoning R3

Rooms

Basement Unfinished

Main Level Bedrooms 6

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type Driveway

Building

New Construction N

Story 3

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Federal

Story 3

Additional Building Above Grade

Schools

School District Allegany County Public Schools

Others

Senior Community No

Tax Amount $3,196

Tax Year 2025

Tax ID 0112006519

Ownership Fee Simple

SqFt Source 3780

Special Sale Standard

Bright MLS (BMLS)
Listed by Ben Garner • Cummings & Co. Realtors

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8 HILL ST