Primary on Main - Seller Financing
Address
109 S Broadway Street, Frostburg, MD
Price
$ 500,000
Property Attributes
- MLS#MDAL2015506
- TypeSingle Family
- Listing Status ACTIVE
- CountyALLEGANY
- CityFrostburg
- AreaFrostburg - Allegany County
- NeighborhoodBealls Addition
- Zip21532
- StyleCarriage House
- Year Built1979
- Taxes$ 1831
- Price$ 500,000
- Bedrooms24
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage8815
- Lot Size0.21 Acres
Data Source:
Bright MLS
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.
| Price History | |
|---|---|
| 8/4/2026 | Listed $500,000 |
General Features
| Living Area | 8815 |
|---|---|
| Sewer | Public Sewer |
| Heating | Radiator |
| Cooling | Window Unit(s) |
| Possession | Settlement |
| Zoning | C1 |
| Architectural Style | Carriage House |
| Construction Materials | Vinyl Siding |
| School District | ALLEGANY COUNTY PUBLIC SCHOOLS |
| Year Built | 1979 |
| Levels | 2 |
| Tax Year | 2026 |
| Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | ALLEGANY |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | BEALLS ADDITION |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Full Baths | 8 |
| Status | ACTIVE |
| Directions | 109 S Broadway |
| City | FROSTBURG |
| Senior Community Y/N | No |
| MLS Area | Frostburg - Allegany County (MDAL8) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 9148.00 |
| Tax Assessed Value | 112833.0 |
| Tax Annual Amount | 1831.0 |
| Home Warranty Y/N | No |
| Structure Type | Detached |
| Condo/Coop Association fee Y/N | No |
| Bathrooms Full Main Level | 8 |
| Bathrooms Count Main Level | 8.00 |
| Price Per Sq Ft Total AG | 56.72 |
| Acceptable Financing | Seller Financing |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 8815 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Total Actual Rent | 40000.00 |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Hot Water | Electric |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 8815 |
| Central Air Y/N | No |
| Total Bedrooms | 24 |
| Main Level Bedrooms | 24 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Estimated |
| Above Grade Finished Area Source | Estimated |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 8 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | Off Street,Parking Lot |
| Foundation Details | Block |
| Spa | No |
| Water View Y/N | No |
| Lot Size Acres | 0.21 |
| Lot Size Source | Estimated |
| Waterfront Y/N | No |
| Land Assessed Value | 21000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 21532
Price
Taxes
Year Built
© BRIGHT, All Rights Reserved
