Mea Williams - Taylor Properties Logo
$500,000
 $2,684 est/mo Sourced by Back At You

109 S Broadway St,FROSTBURG, MD 21532

FROSTBURG, MD 21532

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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.

Details

MLS #MDAL2015506
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive-bright
Year1979
Days On Site21
Listing Provided ByTerrapin Realtors, Inc | Fernando F Palacios

Features

Bed(s)24
Bath(s) 8 Total
SQ Feet8,815
Story(s)2
ZoningC1
Acreage0.21

Interior

CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingRadiator

Exterior

Construction MaterialsVinyl Siding
Foundation DetailsBlock

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount1831

Area Information

StateMD
CountyALLEGANY MD
CityFROSTBURG
Zip Code21532
AreaFrostburg Allegany County (MDAL8)
Community NameBEALLS ADDITION
School DistrictALLEGANY COUNTY PUBLIC SCHOOLS
Listing VS Median (in BEALLS ADDITION)
Price:
$500,000
low | high
Med:
$100,000
100% of Average
sqft:
8,815
low | high
Med:
2,436
100% of Average
$ / sqft:
$57
low | high
Med:
$41
77.627257799672% of Average
On site:
21
low | high
Med:
21
100% of Average
Sourced by Back At You

Market Activity 21532

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Taylor Properties

StateMD
CountyALLEGANY MD
CityFROSTBURG
Zip Code21532
AreaFrostburg Allegany County (MDAL8)
Community NameBEALLS ADDITION
School DistrictALLEGANY COUNTY PUBLIC SCHOOLS
Listing VS Median (in BEALLS ADDITION)
Price:
$500,000
low | high
Med:
$100,000
100% of Average
sqft:
8,815
low | high
Med:
2,436
100% of Average
$ / sqft:
$57
low | high
Med:
$41
77.627257799672% of Average
On site:
21
low | high
Med:
21
100% of Average
Sourced by Back At You
Listing Updated: August 4, 2026 at 4:13:38 PM PDT

Mea Williams - Taylor Properties