About 140-142 Wood St
High-Performance Investment Opportunity Steps from Frostburg State University! Exceptional dual-income potential or owner-occupant opportunity located just blocks from both FSU campus and bustling Main Street! This spacious multi-family duplex at 140-142 Wood St offers massive versatility, functional layouts, and incredible rental appeal in a prime Frostburg location. 140 Wood St: Features 3 spacious bedrooms, 1 full bath, a comfortable living layout, and solid rental history. 142 Wood St: Expansive unit offering 4 to 5 bedrooms and 1 full bath—ideal for maximizing student housing revenue or multi-tenant occupancy. Bonus Lower Level: Includes a convenient shared laundry area plus 2 additional finished rooms, perfect for tenant storage, home offices, or extra recreation space. Exterior & Parking: Rare commodity in town! Enjoy plenty of off-street parking located in the rear of the property to comfortably accommodate multiple tenant vehicles. Whether you're looking to expand your investment portfolio with a turn-key student rental or live in one unit while offsetting your mortgage with the other, this property delivers location, space, and strong cash-flow potential. Schedule your showing today!
Features of 140-142 Wood St
| MLS® # | MDAL2015758 |
|---|---|
| Price | $160,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,680 |
| Acres | 0.14 |
| Year Built | 1930 |
| Type | Multi-Family |
| Sub-Type | Duplex,Detached |
| Style | Bi-level |
| Status | Active |
Community Information
| Address | 140-142 Wood St |
|---|---|
| Area | SE Allegany - Allegany County |
| Subdivision | NONE AVAILABLE |
| City | FROSTBURG |
| County | ALLEGANY-MD |
| State | MD |
| Municipality | FROSTBURG |
| Zip Code | 21532 |
Amenities
| Parking | Asphalt Driveway |
|---|---|
| Is Waterfront | No |
Interior
| Appliances | Cooktop, Oven/Range - Electric, Refrigerator |
|---|---|
| Heating | Baseboard - Hot Water |
| Cooling | None |
| Has Basement | Yes |
| Basement | Daylight, Full, Outside Entrance, Rear Entrance, Partially Finished |
| Fireplace | No |
Exterior
| Exterior | Brick, Combination |
|---|---|
| Exterior Features | Porch(es) |
| Roof | Asphalt |
| Construction | Brick, Combination |
| Foundation | Block |
School Information
| District | ALLEGANY COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary | BEALL |
| Middle | MOUNT SAVAGE |
| High | MOUNTAIN RIDGE |
Additional Information
| Date Listed | September 1st, 2026 |
|---|---|
| Days on Market | 10 |
| Zoning | C1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Charis Realty Group |
|---|---|
| Contact Info | 2408015011 |