Property Description

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!

Property Features

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