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MLS: #MDAL2014254, Listed By: Benjamin Garner, Cummings & Co. Realtors, Source:Bright MLS

8 Hill Street

FROSTBURG, MD 21532
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Bed 12

Bed

Bath 6

Bath

SqFt3,780

Sqft

Acres0.14

Acre(Lot)

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.

Detail Ic Property Details

Property Type : Residential

Price : $245,000

AD Id : 76593035

MLS Id : MDAL2014254

Beds : 12

Lot Size : 0.14 Acre

Living Area Size : 3,780

Year Built : 1935

County : ALLEGANY

Subdivision: None Available

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Cooling: None

  • Building Information

    Year Built: 1935 Building Area Total: 3780 Construction Materials: Block Stories: 3 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.14 Lot Size Source: Estimated Lot Size Square Feet: 6144

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 2235 Property SubType: Single Family Residence Levels: Three Or More Property Age: 91

  • Listing Price Information

    Listing Price: $245000

  • Tax Information

    Parcel Number: 0112006519 Tax Year: 2025 Annual Tax: $3196

  • Parking Information

    Driveway

  • Location Information

    Direction: 8 Hill St WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
209 Redstone Terrace, Frostburg, MD, 21532 $449,900 4 3 1,948 1,948 SqFt
210 Redstone Terrace, Frostburg, MD, 21532 $479,900 3 3 1,923 1,923 SqFt
15800 Sprucewood Drive, Frostburg, MD, 21532 $659,900 2 1 480 480 SqFt
15909 Woodsview Drive, Frostburg, MD, 21532 $25,000 2 2 916 916 SqFt
15904 Woodsview Dr Dr, Frostburg, MD, 21532 $38,000 2 2 1,100 1,100 SqFt
10509 Burton Park Dr, Frostburg, MD, 21532 $38,000 3 2 980 980 SqFt
12114 Vale Summit Rd, Frostburg, MD, 21532 $235,000 3 2 2,082 2,082 SqFt
17607 Pompey Smash Road, Frostburg, MD, 21532 $214,000 3 2 1,288 1,288 SqFt
17211 Mount Savage Road, Frostburg, MD, 21532 $274,000 4 2 2,178 2,178 SqFt
116 Victoria Lane, Frostburg, MD, 21532 $325,000 4 4 2,853 2,853 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/11/2026 @ 20:34

MLS: MDAL2014254 LISTED BY: Benjamin Garner, Cummings & Co. Realtors 410-823-0033 SOURCE: Bright MLS

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