MLS: #MDAL2015506, Listed By: Fernando Palacios, Terrapin Realtors, Inc, Source:Bright MLS
109 S Broadway Street
FROSTBURG, MD 21532
24
Bed
8
Bath
8,815Sqft
0.21Acre(Lot)
8 Unit investment Apartment Building in the heart of Frostburg University. The building consists of 8 units of 3 Bedrooms and 1 Bathrooms split over 2 floors. 5 Units are currently rented and 3 are vacant. The total rent collected currently varies but $40,000 was collected last school year. The owner has 51 other units in Frostburg walking distance to the University. All properties have been maintained by an in house property manager. A portfolio sale of all 59 units can also be an option. 12 units are currently vacant. Gross income in 2025 $448,000. Seller financing is available for a portfolio buyer.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 24Bathroom Information
Total Baths: 8 Full Baths: 8 -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Oil, Radiant Has Cooling: Yes Cooling: Window Unit(s), Electric
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Building Information
Year Built: 1979 Building Area Total: 8815 Construction Materials: Vinyl Siding Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.21 Lot Size Source: Estimated Lot Size Square Feet: 9148Property Information
Subdivision: BEALLS ADDITION Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 47
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Listing Price Information
Listing Price: $500000
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Tax Information
Parcel Number: 0126005310 Tax Year: 2026 Annual Tax: $1831
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Parking Information
Off Street, Parking LotGarage Information
Pets Allowed: Yes
-
Location Information
Direction: 109 S Broadway WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 15800 Sprucewood Drive, Frostburg, MD, 21532 | $659,900 | 2 | 1 | 480 | 480 SqFt |
| 10509 Burton Park Dr, Frostburg, MD, 21532 | $15,000 | 3 | 2 | 980 | 980 SqFt |
| 16410 Clarysville Road, Frostburg, MD, 21532 | $120,900 | 2 | 1 | 868 | 868 SqFt |
| 12114 Vale Summit Rd, Frostburg, MD, 21532 | $235,000 | 3 | 2 | 2,082 | 2,082 SqFt |
| 10619 Komatz Drive, Frostburg, MD, 21532 | $88,500 | 3 | 1 | 1,260 | 1,260 SqFt |
| 10701 Hoffman Hollow Road, Frostburg, MD, 21532 | $255,000 | 4 | 2 | 1,800 | 1,800 SqFt |
| 11505 Hoffman Hollow Road, Frostburg, MD, 21532 | $69,995 | 2 | 2 | 1,344 | 1,344 SqFt |
| 17101 Spataro Lane, Frostburg, MD, 21532 | $149,000 | 3 | 1 | 1,211 | 1,211 SqFt |
| 116 Victoria Lane, Frostburg, MD, 21532 | $325,000 | 4 | 4 | 2,853 | 2,853 SqFt |
| 17602 Mount Savage Road, Frostburg, MD, 21532 | $80,000 | 2 | 2 | 1,350 | 1,350 SqFt |
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ByOwner last updated this listing 08/16/2026 @ 06:18
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