8 HILL STREETFROSTBURG, MD 21532
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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.
| 5 hours ago | Listing first seen on site | |
| 5 hours ago | Listing updated with changes from the MLS® |
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