About 54 E College Ave
ATTENTION INVESTORS & COLLEGE TOWN BUYERS! ???? Directly across the street from Frostburg State University, 54 E College Ave is a premier income-producing opportunity! Let's go BOBCATS! This spacious 4-bedroom, 2-full-bathroom home is packed with potential and unmatched convenience. Featuring rare off-street parking in both the front AND back, this property easily accommodates multiple tenants. Currently leased on a month-to-month basis, it offers immediate cash flow with the flexibility to transition to per-semester rentals to maximize your returns! Looking for even more upside? The full basement presents a fantastic footprint that could be finished into a separate income-generating unit (buyer to verify local municipal/zoning regulations). Located just steps from campus and a short stroll to Main Street’s vibrant shops, dining, and community events. Don’t miss your chance to own a prime piece of Frostburg real estate and start generating income day one!
Features of 54 E College Ave
| MLS® # | MDAL2015494 |
|---|---|
| Price | $115,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,160 |
| Acres | 0.06 |
| Year Built | 1915 |
| Type | Residential |
| Sub-Type | Other |
| Style | Bi-level |
| Status | Active |
Community Information
| Address | 54 E College Ave |
|---|---|
| Area | Frostburg - Allegany County |
| Subdivision | NONE AVAILABLE |
| City | FROSTBURG |
| County | ALLEGANY-MD |
| State | MD |
| Municipality | Frostburg |
| Zip Code | 21532 |
Amenities
| Parking | Gravel Driveway |
|---|---|
| Is Waterfront | No |
Interior
| Interior Features | Floor Plan - Traditional |
|---|---|
| Heating | Baseboard - Electric |
| Cooling | None |
| Has Basement | Yes |
| Basement | Connecting Stairway, Outside Entrance, Rear Entrance, Unfinished, Space For Rooms, Walkout Level |
| Fireplace | No |
| Stories | 2 |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Exterior Features | Sidewalks,Porch(es) |
| Roof | Asphalt |
| Construction | Vinyl Siding |
| Foundation | Block |
School Information
| District | ALLEGANY COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary | BEALL |
| Middle | MOUNT SAVAGE |
| High | MOUNTAIN RIDGE |
Additional Information
| Date Listed | August 4th, 2026 |
|---|---|
| Days on Market | 38 |
| Zoning | R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Charis Realty Group |
|---|---|
| Contact Info | 2408015011 |