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..
Priced To Sell Fast! Investor Alert! Renovate & Resell, Buy & Hold, or Move-In and Build Some Sweat Equity. Sought After 4 Unit Multi Famliy Building, Seperatly Metered, 2 Units on Each Level, Each are 2 Bed 1 Bath, Spacious Kitchens, Spacious Bedrooms, Laundry Rooms in Each Unit, Walk Out Basement, Parking, Much More!! Just Waiting For Your Personal Cosmetics and Renovations to Make it Shine. Close to Schools, Shopping and Commuter Routes. This Will Not Last! Sold As-Is.
Investment opportunity! Within walking distance to Frostburg State University and all the amenities of Main Street, each side of this duplex features 2 large bedrooms, living room, kitchen, and a full bathroom. There is potential to finish the basement for another bedroom and full bathroom. Each side has its own laundry and utilities. It also has a large yard.
Priced To Sell Fast! Investor Alert! Renovate & Resell, Buy & Hold, or Move-In and Build Some Sweat Equity. Sought After 4 Unit Multi Famliy Building, Seperatly Metered, 2 Units on Each Level, Each are 2 Bed 1 Bath, Spacious Kitchens, Spacious Bedrooms, Laundry Rooms in Each Unit, Walk Out Basement, Parking, Much More!! Just Waiting For Your Personal Cosmetics and Renovations to Make it Shine. Close to Schools, Shopping and Commuter Routes. This Will Not Last! Sold As-Is.
Priced To Sell Fast! Investor Alert! Renovate & Resell, Buy & Hold, or Move-In and Build Some Sweat Equity. Sought After 4 Unit Multi Famliy Building, Seperatly Metered, 2 Units on Each Level, Each are 2 Bed 1 Bath, Spacious Kitchens, Spacious Bedrooms, Laundry Rooms in Each Unit, Walk Out Basement, Parking, Much More!! Just Waiting For Your Personal Cosmetics and Renovations to Make it Shine. Close to Schools, Shopping and Commuter Routes. This Will Not Last! Sold As-Is.
2 BEDROOMS AND 1 BATH EACH SIDE, HARDWOOD FLOORS, FULL BASEMENT WITH SEPARATE LAUNDRY HOOK UPS FOR BOTH SIDES. TENANTS PAY ALL UTILITIES EXCEPT FOR WATER BILL WHICH RUNS $30-$40 MONTHLY. ONE CAR GARAGE AND 3 CAR CARPORT AND A BUILT IN GROUND CAR LIFT TO WORK ON CARS ALL SITTING ON 1.22 ACRES. CURRENT TENANTS HAVE OCCUPIED THE PROPERTY FOR OVER 25 YEARS! ROOF IS 7 YEARS OLD, BOTH FURNACES APPROXIMATELY 5 YEARS OLD. SELLER HAS ALSO REPLACED BOTH HOT WATER TANKS IN PAST FEW YEARS, REPLACED, SCREEN DOORS LAST YEAR AND INSTALLED NEW BASEMENT DOOR THIS YEAR.
Investor alert! This duplex, located centrally in Frostburg has many new updates, great rental history, and a second paved parcel for off street parking. The over/under units have 2 bedrooms each, separate electric meters, new roof in 2021, new outdoor stairs to unit #2 and this unit also has new kitchen cabinets, granite counter and washer dryer. Please allow 24 hour notice when scheduling but don't miss this great opportunity!
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 is currently being used as a graphic design shop, large enough for trailers, fire trucks, and other oversized vehicles and equipment. Large, well kept parking lot provides more storage options. Current monthly rental income is $4,250!!!!
Frostburg Duplex right on Main St! Fully rented & exceptionally maintained, this Frostburg Duplex can provide an instant return on investment! Left side features 2 bedrooms, 1 bathroom, an updated kitchen, washer/dryer hookup, electric heating, & separately metered electric and water. Right side has 1-2 bedrooms, 1 bathroom, large kitchen, washer & dryer hookup, electric heat & separately metered electric and water. Check it out!
Calling all investors - This is the money maker you've been waiting for! Gross potential rents for the property total $3,700 per month with an incredible 13.7% CAP rate! Owner pays water and gas, tenants cover electric. This property pays for itself. Live for free in one of the units while renting the rest. Let the rent pay the mortgage AND the utilities! If you're looking to rent all four units, look forward to a hefty rent check at the end of each month. This property has three apartments which are 2bed 1bath and one apartment which is 1bed 1bath. One long term renter is paying $850/month, and two new leases begin set to start at $950/month. The fourth unit has been left vacant for a potential owner occupant, but if you wish to rent it out, there is no shortage of applicants! Units have been refreshed since last tenant turnover - new paint, some new flooring, reglazed showers and tubs, etc.
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.
