CHARIS REALTY GROUP

Federal

8 HILL STREET

FROSTBURG , MD 21532

MLS#: MDAL2014254

$275,000

Status: Active
Listing number: MDAL2014254
Listing provided by: Cummings & Co. Realtors
Listing agent phone: None
Last update: 7 days ago
On site: 7 days ago
Browse Properties
NONE AVAILABLE - Residential

Property

Beds

12

Full Baths

6

1/2 Baths

None

Year Built

1935

Sq.Footage

3,780

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.

Features & Amenities

Interior

  • Total Bedrooms

    12

  • Bathrooms

    6

  • Above Grade Finished Area

    3780.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

  • Main Level Bedrooms

    6

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.14

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Federal

Price

  • Sales Price

    $275,000

  • Tax Amount

    $3,196

  • Sq. Footage

    3, 780

  • Price/SqFt

    $72

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Block

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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ALLEGANY

Elementary School

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Listing Courtesy of Benjamin J Garner , Cummings & Co. Realtors

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Agent Margo Miller

AGENT

Margo Miller

Call Margo today to schedule a private showing.

(301) 524-0999

(340) 913-9339

margo@charisrealty.com


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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

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