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BOBCAT CT AND GLEN STREET Frostburg, MD 21532
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Key Details
Sold Price $1,665,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 89,222 sqft
Price per Sqft $18
Subdivision None Available
MLS Listing ID MDAL136606
Sold Date 02/07/22
HOA Y/N N
Originating Board BRIGHT
Year Built 2011
Annual Tax Amount $45,826
Tax Year 2021
Lot Size 7.760 Acres
Acres 7.76
Lot Dimensions Two additional finished lots Bobcat Ct for up to 30 more units, extra land area Glen St. potential for ? more units with site pl
Property Description
Closed 2/7/22 Seller 2nd for $315k 52 units Built 1997 to 2011 Back on the Market 9/11/2020! PROJECTED GROSS RENTS$385,000+ NOI est $199,000+ Listed to settle estate! 2 locations 22 Family Townhome Units Glenn Street OFTEN 100% occupied, PLUS 30 Student rental units Bobcat Court with higher vacancy due to COVID19 .Includes finished lots @ Bobcat Ct. for up to 30 more units, vacant ground at Glen St. would require additional approvals and site utility work. "VALUE ADD PROPERTY WITH HIGH VACANCY AND DEFERRED MAINTENANCE" 9 total Tax records(attached) #1 Tax ID 0112001959 - #2 Tax ID 0112014880 - #3 Tax ID 0112014783 - #4 Tax ID0126001722 - #5 Tax ID 0112003560 - #6 Tax ID 0112008376 - #7 Tax ID 0126001218 - #8 TaxID 0126001226 - #9 Tax ID 0126001862
Location
State MD
County Allegany
Area Frostburg - Allegany County (Mdal8)
Zoning MF
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Flooring Carpet, Laminated, Vinyl, Other
Heat Source Natural Gas
Exterior
Garage Spaces 45.0
Waterfront N
Water Access N
Roof Type Asbestos Shingle
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 45
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Frost
Middle Schools Beall
High Schools Mountain Ridge
School District Allegany County Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Doug Macy • Long & Foster Real Estate, Inc.
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