INVESTORS DON'T MISS OUT ON THIS ONE! All participants in the showing will need to wear a mask please. Allegany County is beautiful and offers an amazing location for an AirBnB, B & B, or its continued use as an apartment building! It is located within walking distance to the City of Frostburg. Just outside the building is the Great Allegheny Passage and the turn around for the Western Maryland Scenic Railroad. The railroad and the trail both bring thousands of people into the area on a yearly basis! The 4-unit apartment building is fully rented. Each of the 4 apartments offer 2-bedrooms, living room, kitchen, and a private paved parking area. Whether you choose to rent for a short or long term, renters or visitors to the area have the luxury of stepping outside their door and enjoying the path for biking or hiking . The time is now to get your new investment operating! Think of the income potential for operating a B & B, AirBnB, or a fully rented building. Stay in 1 apartment and pay the mortgage from the rent of the other 3 apartments. Each unit has their own separate electric meters. I'm excited and anxious to share all this building and location has to offer! Call and book your appointment with your realtor or me today!
Multi-familyProperty Type
1920Year Built
0.35 acresLot Size
$100Est. Price/Sq.Ft.
8 spacesParking
Listed by Nadine Beechie• Coldwell Banker Premier
•301-777-3380 (broker)
•stevedubrueler@premiermove.com (broker)
Bought with Sasha Leasure• Coldwell Banker Premier
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.35 Acres
Year renovated
—
Sq. Ft.
3,168
Year built
1920
Style
Multi-Family (5+ Unit)
County
Allegany County
APN
12 009607
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
Property details
Parking
Parking Information
# of Total Garage and Parking Spaces: 8
Parking Lot - # of Spaces: 8
Asphalt Driveway, Private
Parking Lot
Interior
Interior Information
Appliances: Refrigerator, Stove
Living Area Sq.Ft. Source: Assessor
Wall & Ceiling Types: Dry Wall
Basement Information
Basement: Yes
Other
Multi Unit Information
# of Two Bedroom Units: 4
# of Units Leased: 4
Units Furnished: None
Other Units: Unit 1,Unit 2,Unit 4,Unit 3
Income Includes: Apartment Rentals
Operating Expense: $6,233.12
Operating Expense Includes: Insurance
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $106,200
Insurance Expense: $1,460
Ownership Interest: Fee Simple
Year Built Source: Assessor
Year Major Reno/Remodel: 1994
Building Information
# of Levels (Total): 2
# of Units (Total): 4
Construction Materials: Vinyl Siding
Other Structures: Above Grade, Below Grade
Pest Control Expense: $316
Roof: Composite, Shingle
Structure Type: Detached
Building Not Winterized
Pool Information
Community Pool
Lot Information
Lot Features: Trees/Wooded, Other, Road Frontage
Tidal Water: No
Land Information
Land Assessed Value: $21,800
Above Grade Information
Finished Sq.Ft.: 3,168
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $834
County Tax: $1,116
Tax Assessed Value: $123,433
Tax Year: 2020
Tax Annual Amount: $2,000
Assessments Information
Year Assessed: 2021
Rental Information
Rent Control: No
Total Actual Rent: $17,675
Utilities
Utilities Information
Electric Previous 12 Months: $679.43
Electric Average / Month: $57
Baseboard - Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Average / Month: $223
Water Previous 12 Months: $2,672.37
Water Source: Public
Municipal Trash: Yes
Location
School Information
Elementary School: FROST
Middle Or Junior School: MOUNT SAVAGE
High School: MOUNTAIN RIDGE
School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS
Elementary School Source: 3rd Party
Middle School Source: 3rd Party
High School Source: 3rd Party
School District Source: 3rd Party
Location Information
In City Limits
Directions: Rt. 40 West on Main Street Frostburg, Turn Right onto Depot Road, 62 Depot directly at bottom of the hill before sharp turn. Parking in front of the building and to the right at the rear of the building.
Location Type: Rural
Municipality: Frostburg
Road Surface Type: Black Top
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,168
Stories: 2.0
Lot Size: 0.35 acres
Style: Multi-Family (5+ Unit)
Year Built: 1920
Year Renovated: —
County: Allegany County
APN: 12 009607
Home facts updated by county records on Jul 17, 2026
Around this home
Schools
Frost Elementary School
Public PreK-5 • Assigned • 1.0mi
8/10
Mount Savage Middle School
Public 6-8 • Assigned • 3.8mi
5/10
Mountain Ridge High School
Public 9-12 • Assigned • 0.7mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 17 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Frostburg, MD • 21532
Average low and high temperatures (°F)
30
17
39
23
57
35
64
45
66
49
77
60
83
66
76
59
73
56
63
45
50
36
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8 hours in
June and 2.9 hours in December, placing it below the
U.S. average for solar exposure.