8 HILL ST, Frostburg, MD 21532
8 HILL ST, Frostburg, MD 21532
8 HILL ST, Frostburg, MD 21532
13
See all 13 photos
Listed by Ben Garner • Cummings & Co. Realtors
$245,000
Est. payment /mo
Save
6,144 Sqft Lot
Price Dropped by $10K

8 HILL ST Frostburg, MD 21532

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Missy Miller Aldave

Missy Miller Aldave

+1(410) 409-5147

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDAL2014248

Year Built 1935

Annual Tax Amount $3,196

Tax Year 2025

Lot Size 6,144 Sqft

Acres 0.14

Property Sub-Type Five Or More Units

Source 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

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Garage Spaces 6.0

Water Access N

Accessibility None

Total Parking Spaces 6

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Allegany County Public Schools

Others

Tax ID 0112006519

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Missy Miller Aldave
Missy Miller Aldave

Team Leader & Real Estate Agent | License ID: 507142

+1(410) 409-5147 | missy@millerteam.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from The Miller Team at Northrop Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

8 HILL ST