Change Real Estate Presents:

8 Hill Street
Frostburg MD 21532

For Sale: $265,000.00 Active

List Date: 2026-03-27

Frostburg
12 bedrooms
6 bathrooms
3,780 build ft2
6,144 land ft2

About This Property

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.

Listing Agent: Benjamin J Garner. Cummings & Co. Realtors 240-216-7841 ben@garnerandco.com

Property Features

Location Information
County:
Subdivision: NONE AVAILABLE
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Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: None
Heating: Baseboard - Electric
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1935
Subdivision Name: None Available
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Benjamin J Garner. Cummings & Co. Realtors 240-216-7841 ben@garnerandco.com

Property Photos [Click to enlarge]

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