Newhouse
1/50
$3,189/mo
$485,0005bd·5ba·3,024sf
1995 Frostburg Road, Frostburg, MD 21532
Listing Courtesy of The Goodfellow Agency
for saleNew — 1d on market
1 / 1
Overview
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 p...
Listing updated: August 4, 2026 at 5:07 PM
Listed by:
Fernando F Palacios (301) 996-5190, Terrapin Realtors, Inc, Co-Listing Agent: Jeffrey E Stein (888) 621-2110, Tranzon Key
Source: Bright MLS · MLS #MDAL2015506
Property details
Your cost estimate
Est. monthly payment
$2,940/mo
Principal & interest
$2,621Property tax
$153Home insurance (est.)
$167Down payment
$100,00020% of list price
Adjust down payment20%
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Based on $100,000 down (20% of list price), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.
Rates provided by Mable Loans.
Price history
| Date | Event | Price |
|---|---|---|
| Aug 4, 2026 | Listed for sale | $500,000 |
Location
109 S Broadway Street, Frostburg, MD 21532
Est. monthly payment
$2,940/mo
at 20% down · $500,000 list
Tour for free, no strings attached
Mable Loans · Equal Housing Lender
NMLS #1949497
Nearby homes
$2,940/mo
Est. · $500,000 list
