Larry Levin, Realtor
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8 Hill Street, Frostburg, MD 21532

$275,000
SAVE TOUR PROPERTY
  • 8 Hill Street, Frostburg, MD 21532 Main Photo

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ACTIVE
MLS#MDAL2014248
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLALLEGANY COUNTY PUBLIC SCHOOLS
TOUR PROPERTY
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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.

8 Hill Street | MLS# MDAL2014248

This commercial property located at 8 Hill Street, Frostburg, MD 21532 is currently listed for sale with an asking price of $275,000. Hill Street is located within the ALLEGANY COUNTY PUBLIC SCHOOLS school district. Search Frostburg real estate on www.livelovephilly.com today.

Property Features

Property Type: Commercial -
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.14 Acres
Taxes: $3,196
Year Built: 1935

Feature Descriptions

Days on Site: 9
Exterior: Block
Lot Dimensions: 0.14 Acre(S)
Municipality: Frostburg
Sewer: Public Sewer
Total Garage/Parking Spaces: 6
Units: 6
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

Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark

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