101 WRIGHT St

frostburg, MD 21532

$325,000

    INTERESTED? LET'S CONNECT

    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.

    Details

    3,432 Sq Ft

    0.41 Private Acres Exterior Space

    Investment

    Built in 1976

    MLS/Listing ID MDAL2011228

    4 Units

    Listing Courtesy of EXP REALTY, LLC, JOANNA LEE FISCHER - 240-310-8783

    BRIGHT

    Source of Data: BRIGHT MLS

    Interested in 101 WRIGHT St?

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    All information deemed reliable but not guaranteed. Last date updated: 05/03/2025.
    Source: Bright Multiple Listing Service, Inc.

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