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    187 E Main Street

    FROSTBURG, MD 21532
    • $150,000
    • STATUS: Active
    • ON SITE: 94 days
    • ID#: MDAL137302
    $150,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,648
      SQFT
    • $41
      $/SQFT
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    187 E Main is a very large 4 unit rental property right on the main street of Frostburg. It is only a short walk to the business district of Frostburg, the Allegheny Highlands Trail, and many of the churches and restaurants in town. The metal roof is approximately 5 years old. Currently, the tenants pay their rent plus electric. The seller pays heat, water, sewer and trash as well as lawn maintenace. The current annual rent income is $29,640. ATTENTION INVESTORS!! The seller prefers to sell this property as part of a group of investment properties. The following 5 properties purchased separately would total $650,000. If the 5 properties are sold together, the sale price is $580,000.! 35 Depot Terrace 41 & 43 Depot Terrace 101 East Main St 187 East Main St 189 East Main St

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Lake Ridge. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-20T23:52:49.033.
    www.ajteamrealty.com/homes/118476833
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    187 E Main Street FROSTBURG, MD 21532

    • Price: $150,000
    • Status: Active
    • ID#: MDAL137302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,648
    SQFT
    $41
    $/SQFT
    1915
    Built
    Neighborhood:
    Frostburg - Allegany County (Mdal8)
    County:
    Allegany
    Area:
    Frostburg - Allegany County (Mdal8)
    Elementary School:
    Beall
    Middle School:
    Mount Savage
    High School:
    Mountain Ridge
    School District:
    Allegany County Public Schools
    Property Description
    187 E Main is a very large 4 unit rental property right on the main street of Frostburg. It is only a short walk to the business district of Frostburg, the Allegheny Highlands Trail, and many of the churches and restaurants in town. The metal roof is approximately 5 years old. Currently, the tenants pay their rent plus electric. The seller pays heat, water, sewer and trash as well as lawn maintenace. The current annual rent income is $29,640. ATTENTION INVESTORS!! The seller prefers to sell this property as part of a group of investment properties. The following 5 properties purchased separately would total $650,000. If the 5 properties are sold together, the sale price is $580,000.! 35 Depot Terrace 41 & 43 Depot Terrace 101 East Main St 187 East Main St 189 East Main St
    Exterior Features

    Architectural Style Bi-Level Construction Materials Other Garage YN No Other Structures Above GradeBelow Grade Parking Types Off StreetOn Street Pool Yes - Community Riparian Rights YN No Roof Metal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3648 Appliances WasherDryerDishwasherStoveRefrigerator Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ceiling Fan(S)Window Unit(S) Heating Baseboard - Hot WaterBaseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel Electric Heating Fuel Natural GasElectric Hot Water Electric Municipality Frostburg Navigable Water YN N Net Operating Income 18531.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Original MLSNumber 304656051913 Ownership Interest Fee Simple Possession Settlement Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 1737.00 Tax Assessment Amount 104100.00 Total Actual Rent 29640.00 Vacation Rental YN No Water Source Public Zoning Ro

    Listing courtesy of Coldwell Banker Professional Real Estate Services.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Lake Ridge. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-20T23:52:49.033.
     
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