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
Dale Hunter Jr

Dale Hunter Jr

+1(443) 829-5828

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)

GET MORE INFORMATION

Dale Hunter Jr

Dale Hunter Jr

Broker / Owner / Realtor | License ID: Md # 519849 & DE # RB-0031205

+1(443) 829-5828

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Bayside 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