Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
1,292
Located at 129 Bowery Street in the heart of Frostburg, this spacious four-bedroom, one-and-a-half-bath home presents an outstanding opportunity for investors and future homeowners. The property is currently rented to students attending Frostburg State University for the Fall 2026 through Spring 2027 academic year, with total contracted rental income of $15,000. Tenants pay all utilities. The existing lease provides an immediate income stream, while additional rental income may be possible during the summer months. The property is also managed by an experienced property manager skilled in overseeing both student housing and traditional long-term rentals, offering added convenience for an investor seeking a more hands-off ownership experience. For investors, this home could be a valuable addition to a growing rental portfolio, especially with its convenient location near Frostburg State University. For buyers planning ahead, the property also offers the flexibility to become a comfortable primary residence once the current lease expires. Inside, the home features a large kitchen equipped with a gas stove, refrigerator, washer, and dryer; all appliances convey. A forced air heating system provides comfortable warmth during the colder months, while the full unfinished basement offers generous space for storage, seasonal items, or future possibilities. Both on-street and off-street parking provide added convenience in the Frostburg area. The location adds even more appeal. Enjoy close proximity to Frostburg State University, downtown Frostburg, local restaurants, shopping, parks, playgrounds, and scenic walking and biking trails. The surrounding mountain setting offers access to year-round outdoor recreation, while nearby Interstate 68 makes traveling east or west convenient. Whether you are searching for established rental income, additional seasonal earning potential, a smart long-term investment, or a future home in a desirable Frostburg location, 129 Bowery Street delivers versatility, convenience, and opportunity. Schedule your showing today! PRICED TO SELL! MORE PHOTOS COMING SOON!
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
1292.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Forced Air, Baseboard
-
Main Level Bedrooms
1
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Parking
Off Street, On Street, Other
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s), City, Street, Trees/Woods
Area & Lot
-
Lot Size(acres)
0.09
-
Lot Size(square feet)
4,050
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Other
Price
-
Sales Price
$110,000
-
Tax Amount
$1,380
-
Sq. Footage
1,292
-
Price/SqFt
$85
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Stone
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
ALLEGANY
Elementary School
Middle School
High School
Listing Courtesy of Pamela A Terry , EXP Realty, LLC
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AGENT
Phil Herbert
Call Phil today to schedule a private showing.
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