# 8 HILL Street, Frostburg, MD 21532

> **TL;DR:** other, $245,000, built 1935. Est. $1,062/mo. Listed 67 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $245,000 |
| Year Built | 1935 |
| Lot Size | 6,142 sqft (0.14 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 67 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,062 |
| **Total** | **$1,062** |

## Property Highlights

- Built in 1935
- 0.14 acre lot
- 6 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 8 HILL Street, Frostburg, MD 21532
- **County:** ALLEGANY
- **Coordinates:** 39.65181, -78.92473
- **Google Maps:** https://www.google.com/maps?q=39.65181,-78.92473

## Listing Agent

- **Name:** Benjamin J Garner
- **Brokerage:** Cummings & Co. Realtors
- **Phone:** 2402167841
- **Email:** ben@garnerandco.com

## Primary Photo

![8 HILL Street - Primary Photo](http://lh.rdcpix.com/1f63105b34d5eb3cd5b245c5d810089cl-f733897352r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/8-hill-street-frostburg-md-21532-l2014248)*

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**MLS#:** MDAL2014248 | **Updated:** 2026-06-19
**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/8-hill-street-frostburg-md-21532-l2014248)

---

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