# 70 E COLLEGE Avenue, Frostburg, MD 21532

> **TL;DR:** other, $2,500,000, built 1935. Est. $10,833/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,500,000 |
| Year Built | 1935 |
| Lot Size | 208,652 sqft (4.79 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,833 |
| **Total** | **$10,833** |

## Nearby Schools

- **Elementary:** BEALL
- **Middle:** MOUNT SAVAGE
- **High:** MOUNTAIN RIDGE

## Property Highlights

- Built in 1935
- 4.79 acre lot

## Description

### Agent Description
Auction of huge student housing portfolio. Online bidding ends June 25th at noon. This premier 43-property (59-unit) student housing portfolio in Frostburg, MD, offers an exceptional, turn-key investment opportunity directly serving Frostburg State University. This stabilized portfolio delivers immediate cash flow, strong historical valuation growth, and a built-in tenant pipeline right next to Frostburg State University (FSU). List price is opening bid. Actual price to be detrermined at auction. Immediate Income: Generated a proven $448,850 in gross income for the 2025 calendar year. Rapid Equity Growth: Appraised at $4,564,800 in 2022, with current algorithmic valuations tracking at $5,863,600, showcasing substantial market appreciation. Prime Location: Strategic cluster of 43 properties, all situated within convenient walking distance to the FSU campus, ensuring perpetual student demand. Risk Mitigation: Pre-leased revenue secured with numerous student leases already signed and executed for the upcoming 2026/2027 academic year. Scalable Operations: Rare opportunity to acquire immediate, dominant market share in a stable university submarket.

## Location

- **Address:** 70 E COLLEGE Avenue, Frostburg, MD 21532
- **County:** ALLEGANY
- **Coordinates:** 39.65241, -78.92872
- **Google Maps:** https://www.google.com/maps?q=39.65241,-78.92872

## Listing Agent

- **Name:** Jeffrey E Stein
- **Brokerage:** Tranzon Key
- **Phone:** 8886212110
- **Email:** jstein@tranzon.com

## Primary Photo

![70 E COLLEGE Avenue - Primary Photo](http://lh.rdcpix.com/c0aca891967ea7b42d1067510c11cfadl-f2725714756r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.com/listing/70-e-college-avenue-frostburg-md-21532-l2014998)*

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**MLS#:** MDAL2014998 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/70-e-college-avenue-frostburg-md-21532-l2014998)

---

## Structured Data

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  "description": "Auction of huge student housing portfolio. Online bidding ends June 25th at noon. This premier 43-property (59-unit) student housing portfolio in Frostburg, MD, offers an exceptional, turn-key investment opportunity directly serving Frostburg State University. This stabilized portfolio delivers immediate cash flow, strong historical valuation growth, and a built-in tenant pipeline right next to Frostburg State University (FSU). List price is opening bid. Actual price to be detrermined at auction",
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  "datePosted": "2026-06-18",
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