101 Wright St Frostburg, MD 21532
Property details
About 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.
Highlights
(ACTIVE)
Summary
- MLS Number: MDAL2011228
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 860-7369
- Office Email: md.broker@exprealty.net
- Listing Agent: Joanna Lee Fischer
- Agent Phone: (240) 310-8783
- Agent Email: joanna.fischer@exprealty.com
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Last updated on: 4/17/2025, 1:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$325,000
101 Wright St
$3,859
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 24, 2023 | Home Sold | $190,000 |
| Dec 30, 2021 | Home Sold | $180,000 |
| Jun 30, 2005 | Home Sold | $144,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $167,000 | $1,767 |
| 2023 | $162,600 | $1,767 |
| 2022 | $158,200 | $- |
| 2021 | $158,200 | $1,786 |
| 2020 | $158,200 | $1,786 |
| 2018 | $161,433 | $1,822 |
| 2017 | $160,467 | $1,813 |
History based on county public records data.
Nearby schools
7
Beall Elementary School
Public District PK-5
0.9 mi
•3 E College Ave
5
Frost Elementary School
Public District PK-5
2.0 mi
•260 Shaw St
8
Mount Savage School
Public District PK-5
4.5 mi
•13201 New School Rd NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,179. Typical income of Frostburg, MD residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
College Football
Extreme Sports
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Academy Sports & Outdoors
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Little Caesars
What do the neighbors drive?
Ford
Kia
Chevrolet
What do the neighbors listen to?
New Country
Country- Classic Country
This home is located at 101 Wright St in Frostburg, MD and zip code 21532. This 3,432 square foot home, which was built in 1976, sits on a 0.41 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $325,000.
While more than 1 listings in Frostburg, MD in March 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below. In March 2025 in Frostburg, MD there were 30.6% more homes for sale than in February. The median list price of listings available in March 2025 was $150,000, while the average time on the real estate market was 46 days.