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8-Unit Apartment Building
New
For Sale
$500,000

109 S BROADWAY, Frostburg, MD 21532

The two-floor property contains three-bedroom, one-bath residences, with seven units currently occupied by tenants.

Property Size8,815 SF
Price / SF$56.72
Days on Market3

Property Features for 109 S BROADWAY

General Information

Standard status Active
Size 8,815 SF
Property subtype Commercial

Units

Unit Mix 8 x 3BR/1BA
Multifamily Units 8

Additional Details

Tenant in Place Yes

Building Details

Year Built 1979
Buildings 1
Stories 2
Listing Agency: Tranzon Key
Listed By: Jeffrey E Stein · License #5422
Source: Cummingsrealtors
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 12:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tranzon Key

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Investment Insights

Based on property information with market context.

Built in 1979, this apartment property contains eight residences arranged across two floors. Each unit has three bedrooms and one bathroom. Seven units are currently rented, while one is vacant.

Key Highlights

  • Eight apartments, each with 3 bedrooms and 1 bathroom
  • Units are distributed across 2 floors
  • 7 units are rented; 1 is vacant

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby

Demographics for 21532, MD

13,328
Population
6,044
Households
2.2
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
74.1 sq mi
ZIP Area
180
Density / Sq Mi
$60,158
Median Household Income
$33,054
Median Earnings
$839
Median Rent
$175,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The two-floor property contains three-bedroom, one-bath residences, with seven units currently occupied by tenants.
Where is this apartment building located?
The property is located at 109 S BROADWAY Frostburg, MD.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Eight apartments, each with 3 bedrooms and 1 bathroom; Units are distributed across 2 floors; 7 units are rented; 1 is vacant
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