Change Real Estate Presents:

109 S Broadway Street
Frostburg MD 21532

For Sale: $500,000.00 Active

List Date: 2026-08-04

Frostburg
24 bedrooms
8 bathrooms
8,815 build ft2
9,148 land ft2

About This Property

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 portfolio buyer.

Listing Agent: Fernando F Palacios. Terrapin Realtors, Inc 301-996-5190 fpterp@aol.com

Property Features

Location Information
County:
Subdivision: BEALLS ADDITION
click to open map in a new window
Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Window Unit(s)
Heating: Radiator
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1979
Subdivision Name: Bealls Addition
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Fernando F Palacios. Terrapin Realtors, Inc 301-996-5190 fpterp@aol.com

Property Photos [Click to enlarge]

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