High-Performance Investment Opportunity Steps from Frostburg State University! Exceptional dual-income potential or owner-occupant opportunity located just blocks from both FSU campus and bustling Main Street! This spacious multi-family duplex at 140-142 Wood St offers massive versatility, functional layouts, and incredible rental appeal in a prime Frostburg location. 140 Wood St: Features 3 spacious bedrooms, 1 full bath, a comfortable living layout, and solid rental history. 142 Wood St: Expansive unit offering 4 to 5 bedrooms and 1 full bath—ideal for maximizing student housing revenue or multi-tenant occupancy. Bonus Lower Level: Includes a convenient shared laundry area plus 2 additional finished rooms, perfect for tenant storage, home offices, or extra recreation space. Exterior & Parking: Rare commodity in town! Enjoy plenty of off-street parking located in the rear of the property to comfortably accommodate multiple tenant vehicles. Whether you're looking to expand your investment portfolio with a turn-key student rental or live in one unit while offsetting your mortgage with the other, this property delivers location, space, and strong cash-flow potential. Schedule your showing today!
Versatile Two-Unit Duplex – Ready for Its Next Chapter Great opportunity for investors, owner-occupants, or multi-generational living! This two-unit duplex offers a flexible layout with one 1-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit. The 2-bedroom unit features updated flooring and fresh paint, creating a clean, move-in-ready space. Both units are ready for new tenants, making this a great option for those looking to add a rental property to their portfolio or live in one unit while renting the other. Conveniently located close to the college! The setup also works well for multi-generational living, providing separate spaces under one roof. A shared washer and dryer are located in the basement for added convenience. Electric is separately metered, with tenants responsible for their own electric usage. A flexible property with income potential and multiple possibilities—ready for its new owner!
CALLING ALL INVESTORS! This property is the one you have been waiting for! This one will not last! This Property is being sold As-Is condition. Buyer is responsible for all certifications. Seller never occupied. Neither the seller or listing agent make any representation as to the accuracy of any information contained herein. Buyer must conduct their own due diligence, verification, research and inspections and are relying solely on the results thereof. Buyer to pay all closing costs and transfer tax. Two parcels on one lot featuring multiple residential units. Main House: 3 bedrooms, 2 bathrooms Downstairs Apartment: 1 bedroom, 1 bathroom Upstairs Apartment: 2 bedrooms, 1 bathroom Second House: 3 bedrooms, 1 bathroom. 5+ car garage with dormers and storage, 8,000 square foot complex.
Three unit rental property in Frostburg. Close to FSU and Main Street. Could easily be converted back to single family home.
Income producing tri plex with updates everywhere. The building has a new roof, all three units have renovated kitchens and bathrooms. The property also has an oversized garage that is being rented for additional income. More photos to come.
Revenue Producing!!! Amazing Commerical property with money generating tenants and storage units already in place!!! Two residential units, one is a two bedroom, one bath, the other is a large four bedroom unit that has been recently updated. Property also includes 13 storage units. The oversized garage with an included finished loft for office space provides additional commercial income potential or is perfect for a variety of businesses including but not limited to a body shop, car sales lot, graphic design, heating and cooling/electrical business, woodworking workshop, small and large engine repair or pretty much any type of shop!!! Large, well kept parking lot provides the option for more storage units or lot rent for campers, trailers etc..
Duplex at its finest! Centrally located in Frostburg and has many new updates with great rental history. This property includes a second paved parcel for off street parking. The over/under units each have 2 bedrooms, seperate meters, new roof in 2021, new outdoor stairs to unit #2 and this unit also has new kitchen cabinets and granite counter tops. Please allow 48 hour notice for showings to respect the tenants.
Up and down duplex , each with 2 bedrooms, 1 full bathroom, living room and kitchen. Fully rented and updated with excellent rental history.
Frostburg is located in Maryland. Frostburg, Maryland has a population of 7,282. Frostburg is less family-centric than the surrounding county with 20.68% of the households containing married families with children. The county average for households married with children is 24.83%.
The median household income in Frostburg, Maryland is $44,327. The median household income for the surrounding county is $51,090 compared to the national median of $69,021. The median age of people living in Frostburg is 22.5 years.
The average high temperature in July is 80 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 41.5 inches per year, with 64.3 inches of snow per year.