Allegany County, Maryland is home to a number of innovative real estate investing opportunities. From the city of Cumberland to the small town of Frostburg, there are a variety of properties and investment strategies to choose from.
In Cumberland, investors can find a number of fixer-upper properties that have the potential to be turned into rental units or flipped for a profit. There are also a number of vacant commercial properties that could be redeveloped into retail or office space.
Frostburg offers investors a different type of opportunity. Due to the town’s proximity to Western Maryland University, there is a strong demand for student housing. Investors can purchase properties and either rent them out to students or operate them as bed and breakfast style accommodations.
Whether you’re looking for an income property, a fixer-upper, or something in between, Allegany County has something to offer every investor. With a little research and creativity, you can find an investment opportunity that meets your needs and goals.
Price Index: Cumberland, MD-WV