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6401-6405 Belair Rd Baltimore, MD 21206

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For Sale
$480,000

Seven-unit property, high ROI potential.

Property size:
6,490 SF

Property Features for 6401-6405 Belair Rd

General Information

Property type
Mixed-use properties
Square Feet
6,490 SF
Lot Size
6,534 SF

Building Details

Year Built
1927

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Listing Contact
Kathy M Townsend
Kathy M Townsend

Listing Agency: Cummings & Co. Realtors Listing Agent: Kathy M Townsend

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional mixed-use investment opportunity in Baltimore, MD, presents a compelling case for savvy investors. The property, located at 6401-6405 Belair Road, encompasses a substantial 6,490 square feet on a 0.15-acre lot. The building currently houses seven units: one residential and six commercial units, all currently occupied. Six of the commercial leases are month-to-month, while two are one-year leases up for renewal, offering significant potential for rental income growth. Recent lease signings demonstrate strong tenant demand and market stability. The property benefits from recent upgrades to electrical and plumbing systems, reflecting a commitment to quality and maintenance. Tenants are responsible for their own gas and electric utilities. This property boasts a 10%+ capitalization rate, making it an attractive investment. An adjacent two-unit brick building, also owned by the seller, presents an additional value-add opportunity. This building includes two large attached garages and features a second-floor tenant currently paying below-market rent for both the apartment and warehouse/garage space. The first floor is vacant and ready for immediate occupancy by an owner-user or quick lease-up. Financial analysis is available for qualified buyers. The seller is open to financing for well-qualified purchasers. This is a rare chance to acquire a well-maintained, high-performing mixed-use property with significant upside potential. Don't miss this opportunity.
Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

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Location Insight

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City
Baltimore
County
Baltimore City
State
Maryland
Longitude
-76.53327
Latitude
39.35214

FAQs

What type of property is this?
Mixed-use property - Seven-unit property, high ROI potential.
Where is this mixed-use property located?
The property is located at 6401-6405 Belair Rd Baltimore, MD.
What is the asking price?
The asking price for this property is $480,000.
More about this property
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