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101 Wright St, 
Frostburg, MD 21532

$325,000


7

Beds


Bath


3,432

Sq Ft


Multi-Family

Active

Listed by

Joanna Lee Fischer

Keri K. Shull

eXp Realty, LLC.

Last updated:

May 4, 2025, 02:04 PM

MLS#

MDAL2011228

Source:

BRIGHTMLS

About This Home

101 Wright St

Calling all investors - This is the money maker you've been waiting for! Gross potential rents for the property total $3,700 per month with an incredible 13.7% CAP rate! Owner pays water and gas, tenants cover electric. This property pays for itself. Live for free in one of the units while renting the rest. Let the rent pay the mortgage AND the utilities! If you're looking to rent all four units, look forward to a hefty rent check at the end of each month. This property has three apartments which are 2bed 1bath and one apartment which is 1bed 1bath. One long term renter is paying $850/month, and two new leases begin set to start at $950/month. The fourth unit has been left vacant for a potential owner occupant, but if you wish to rent it out, there is no shortage of applicants! Units have been refreshed since last tenant turnover - new paint, some new flooring, reglazed showers and tubs, etc.

Home Facts

Multi-Family

7 Bedrooms

Built in 1976

Price Summary

325,000

$94 per Sq. Ft.

MLS #:

MDAL2011228

Last Updated:

May 4, 2025, 02:04 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7


Structure

Structure

Building Area:

3,432 Sq. Ft.

Year Built:

1976


Lot

Lot Size (Sq. Ft):

17,859


Finances & Disclosures

Finances

Price:

$325,000

Price per Sq. Ft:

$94 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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