8 Hill Street , Frostburg, MD 21532

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

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New to the Market ACTIVE
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.

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 $275,000. 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.maverickrealtyusa.com today.

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
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: Maverick Realty, LLC
Agency Phone: (302) 365-8297

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Estimated Payment

$ 958.57 per month $612.03 Principal & Interest $266.33 Property Tax $80.21 Homeowner's Insurance

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