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$599,500 Just Listed
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Property Description
Attention Investors!! 7 unit apartment complex central to downtown Frostburg. Minutes from the Great Allegany Passage( Gap Trail) , and less than one mile from Frostburg State University!Very well maintained and zoned C3 vibrant mixed use town center commercial district. This means that this property is suitable for the downtown/ town-center area which typically allows a mix of retail, office, residential above the ground floor, and other compatible uses as outlined in the city's zoning ordinance.Units are long term tenants and one unit is furnished and vacant for owner's personal use and can easily be rented for additional income. Great investment opportunity on so many levels! Won't last!!
Full Property Details
Full Property Details for 27 First St
General
- Price: $599,500
- Taxes: $1,107 (2026)
- Status: Active
- Type: Commercial Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2013942
- Updated: Today (3/16/2026)
- Added to Site: Today
Business
- Business Type: Other
Interior
- Flooring: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Tile, Vinyl
Rooms
Bathrooms
- Restrooms: 7
Additional Information
- Security/Safety: Smoke Detector
Parking
- Total Spaces: 9
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Area: Frostburg - Allegany County (MDAL8)
- Municipality: FROSTBURG
- County: ALLEGANY
- Driving Directions: Gps
- City Limits: Yes
School Information
- Elementary School: Frost
- Middle School: Mount Savage
- High School: Mountain Ridge
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Construction: Brick Front, Brick, Vinyl Siding
- Foundation: Stone
- Roof: Asbestos Shingle, Rubber
- Ceiling Height: 8' to 10'
- Building Size: 6500
- Year Built: 1921
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Courtyard, Garden/Lawn, Mountain, Scenic Vista
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,615
- Lot Size Source: Estimated
- Fence: Yes
- Zoning: R2
- Lot Description: Additional Lot(s), Cleared, Corner, Irregular, Rear Yard, Road Frontage, SideYard(s), Sloping
Financial Considerations
- Price Per Sq. Ft.: $92.23
- Operating Expenses: $4,897
- Assessment Year: 2026
- Tax w/Assessment: $236,300
- Tax Amount: $1,107
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
Listed by Sullivan Select, LLC., Cynthia R Sullivan
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Schools
Schools serving 27 First St
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
Frost Elementary School 260 Shaw Street, Frostburg, MD 21532 | PK-5 | 0.9 mi |
Mount Savage Middle School 13201 New School Road Northwest, Mount Savage, MD 21545 | 6-8 | 3.9 mi |
Mountain Ridge High School 100 Doctor Gasmick Lane, Frostburg, MD 21532 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27 First St
Date
Details
Price
Change
Source
3/16/2026
Listed
$599,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 27 First St
27 First Street, Frostburg, MD 21532 (MLS# MDAL2013942) is a Commercial Multi-Family property. 27 First Street is currently listed for $599,500 and was received on March 16, 2026. Want to learn more about 27 First Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Frostburg? You can browse all Frostburg real estate or contact a Coldwell Banker agent to request more information.

