This Cape Cod-style detached home in Bealls Addition presents a prime investment opportunity, especially with a major renovation slated for 2026. Built in 1940, the property boasts a solid stone construction and a spacious layout with 1,260 finished square feet, featuring four bedrooms and two full bathrooms. The English basement offers potential for additional living space or rental income, enhancing the property's value. A cozy fireplace adds charm and warmth, making it an attractive option for future tenants or buyers. The off-street parking and driveway provide convenience, while the 0.17-acre lot allows for outdoor activities or potential landscaping enhancements. Investors will appreciate the anticipated appreciation in value post-renovation, as modern updates can significantly increase rental yields and resale potential. The absence of a pool reduces maintenance costs, making it a low-overhead investment. With no association fees or restrictive amenities, this property offers flexibility for customization and tenant appeal. The strategic location in a desirable neighborhood further enhances its investment potential. This is an excellent opportunity to capitalize on a property with strong fundamentals and future growth prospects.
For sale
$80,000
168 Bowery St, Frostburg, MD 21532
4beds
1,260sqft
Single Family Residence
Built in 1940
7,405 Square Feet Lot
$-- Zestimate®
$63/sqft
$-- HOA
What's special
- 31 days
- 1,223
- 34
Likely to sell faster than
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#: MDAL2015500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Radiator, Oil
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: English
- Number of fireplaces: 1
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
- Finished area above ground: 1,260
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 7,405 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0112007582
- Zoning: C1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Stone
- Foundation: Block
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 2026
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: $63/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: 900
Estimated market value
Not available
Estimated sales range
Not available
$1,563/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $80,000+1.9%$63/sqft |
Source: | ||
| 1/12/2004 | Sold | $78,500+35.3%$62/sqft |
Source: Public Record Report a problem | ||
| 9/29/2000 | Sold | $58,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,118 -34.8% | $110,000 +7.8% |
| 2024 | $1,714 +9.9% | $102,033 +8.5% |
| 2023 | $1,560 +9.2% | $94,067 +9.3% |
| 2022 | $1,429 -0.7% | $86,100 +0.2% |
| 2021 | $1,439 +3.6% | $85,933 +0.2% |
| 2020 | $1,389 -1.6% | $85,767 +0.2% |
| 2019 | $1,412 +71.6% | $85,600 |
| 2018 | $823 -2.5% | $85,600 |
| 2017 | $844 -0.9% | $85,600 -2.2% |
| 2016 | $852 -0.7% | $87,500 |
| 2015 | $857 | $87,500 |
| 2014 | $857 | $87,500 -15.9% |
| 2013 | -- | $104,100 |
| 2012 | -- | $104,100 |
| 2011 | -- | $104,100 -9.8% |
| 2010 | -- | $115,370 +13.5% |
| 2009 | -- | $101,682 +15.6% |
| 2008 | -- | $87,996 +18.4% |
| 2007 | -- | $74,310 +8.2% |
| 2006 | -- | $68,670 +8.9% |
| 2005 | -- | $63,030 +9.8% |
| 2004 | -- | $57,390 |
| 2003 | -- | $57,390 |
| 2002 | -- | $57,390 -16.8% |
| 2001 | -- | $68,950 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 21532
Nearby schools
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.





