8 Hill St, Frostburg, MD 21532

Frostburg
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
8 Hill St,Frostburg, MD 21532
$245,000
  • 12 Beds
  • 6 Baths
  • 3,780 sq. ft.
  • Single family
  • Active
Listed by: benjamin j garner
Office: cummings & co. realtors
MLS#:MDAL2014254
Source:BRIGHTMLS

Price summary

  • Price:$245,000
  • Price per sq. ft.:$64.81

About this home

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.

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Home facts

  • Year built:1935
  • Listing ID #:MDAL2014254
  • Added:83 day(s) ago
  • Updated:June 19, 2026 at 01:41 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:3,780 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1935
  • Building area:3,780 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Federal
  • Construction Materials:Block
  • Foundation Description:Block
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$245,000
  • Price per sq. ft.:$64.81
  • Tax amount:$3,196 (2025)

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