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For sale
  • $500,000

    109 S Broadway, Frostburg, MD 21532

    24beds
    8,815sqft
    : 
    $3,649/mo
    Get pre-qualified
    Single Family Residence
    Built in 1979
    9,148 Square Feet Lot
    $-- Zestimate®
    $57/sqft
    $-- HOA

    What's special

    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.
    3 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Fernando Palacios 301-996-5190,

    Terrapin Realtors, Inc (301) 355-5000,

    Co-Listing Agent: Jeffrey E Stein 888-621-2110,

    Tranzon Key

    Source: Bright MLS,MLS#: MDAL2015506MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 24
      • Bathrooms: 8
      • Full bathrooms: 8
      • Main level bathrooms: 8
      • Main level bedrooms: 24
      Basement
      • Area: 0
      Heating
      • Radiator, Oil
      Cooling
      • Window Unit(s), Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 8,815
      • Total interior livable area: 8,815 sqft
      • Finished area above ground: 8,815
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street, Parking Lot
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 9,148 Square Feet
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 0126005310
      • Zoning: C1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Carriage House
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1979
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Bealls Addition
      HOA
      • Has HOA: No
      Location
      • Region: Frostburg

      Financial & listing details

      • Price per square foot: $57/sqft
      • Tax assessed value: $112,833
      • Annual tax amount: $1,831
      • Date on market: 8/4/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Seller Financing
      • Ownership: Fee Simple
      • Total actual rent: 40000

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/4/2026Listed for sale$500,000$57/sqft
        Source: Bright MLS #MDAL2015506 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 21532

        Getting around

        49 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Allegany County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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