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8 Hill St photo 1
for sale
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$265,000

12beds
|
6baths
|
3,780sqft
|
1935built
8 Hill St,Frostburg, MD 21532

Est.$1,742/moget my mable

What's special

$70/sqft

Price per square foot

Built in 1935

91 years old

Overview

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 Stat

Listed on March 27, 2026 · Source: MLS #MDAL2014254

Property details

Cost estimate

Est. monthly payment

$1,744/mo
Principal & interest
$1,389
Property tax
$266
Home insurance (est.)
$88

Down payment

$53,00020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($53,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Price history

DateEventPrice
Mar 27, 2026Listed for sale$265,000

Location

8 Hill St, Frostburg, MD 21532

Nearby homes

$265,000

12 beds · 6 baths · 3,780 sqft