109 S BROADWAY ST, Frostburg, MD 21532
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John Logan

John Logan

+1(443) 676-6030
Listed by Fernando Palacios • Terrapin Realtors, Inc
$ 500,000
Est. payment /mo
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109 S BROADWAY ST Frostburg, MD 21532

24 Beds

8 Baths

8,815 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 8,815 sqft

Price per Sqft $56

Subdivision Bealls Addition

MLS Listing ID MDAL2015506

Style Carriage House

Bedrooms 24

Full Baths 8

HOA Y/N N

Abv Grd Liv Area 8,815

Year Built 1979

Annual Tax Amount $1,831

Tax Year 2026

Lot Size 9,148 Sqft

Acres 0.21

Property Sub-Type Detached

Source BRIGHT

Property Description

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.

Location

State MD

County Allegany

Area Frostburg - Allegany County (Mdal8)

Zoning C1

Rooms

Main Level Bedrooms 24

Interior

Hot Water Electric

Heating Radiator

Cooling Window Unit(s)

Fireplace N

Heat Source Oil

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Story 2

Foundation Block

Above Ground Finished SqFt 8815

Sewer Public Sewer

Water Public

Architectural Style Carriage House

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Allegany County Public Schools

Others

Pets Allowed Y

Senior Community No

Tax ID 0126005310

Ownership Fee Simple

SqFt Source 8815

Acceptable Financing Seller Financing

Listing Terms Seller Financing

Financing Seller Financing

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

Bright MLS (BMLS)

Nearby Locations

John Logan

John Logan

Team Leader | License ID: 661163

+1(443) 676-6030

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109 S BROADWAY ST