3921 Old York Rd, Baltimore, MD 21218

Listing office Ben Frederick Realty, Inc. w***@benfrederick.com Show Phone

Listing date Jun 8, 2026

Source Exprealty

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Overview

3921 Old York Road is a licensed 10-room congregate housing facility designed for structured, communal living. The building includes ten private rooms, an administrative office, and two ADA-accessible rooms. Shared kitchen and laundry facilities support day-to-day operations, and the property is equipped with a fire sprinkler system.

The property is located near the 33rd Street, Waverly, and Greenmount Avenue commercial corridor, providing residents convenient access to nearby retail and services, including Giant Food, laundromats, dining, and public transportation.

For buyers, the asset’s existing licensing and functional unit mix can support a range of congregate housing models permitted by law, including workforce housing, shared housing, transitional housing, senior housing, and other arrangements. Offering materials project an annual Net Operating Income of $35,438, or $2,953 per month when operated at full capacity under the current operating model, along with a 10.9% cap rate and a 16.1% projected cash-on-cash return based on stated financing assumptions.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Stadium Place Nursing and Rehab Center — 1010 E 33rd St, Baltimore, MD 21218

Location Insight

• Map
• Local Demand

City

Baltimore

County

Baltimore

State

Maryland

Longitude

-76.6074323

Latitude

39.3378897

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FAQs

What type of property is this?

Senior housing / Retirement Home - Licensed 10-room congregate housing facility with shared kitchen and laundry, administrative office, and ADA-accessible rooms.

Where is this senior housing / retirement home located?

The property is located at 3921 Old York Rd Baltimore, MD.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Licensed 10‑room congregate housing facility with projected annual NOI of $35,438 ($2,953/month) at full capacity; Projected 10.9% cap rate and 16.1% cash‑on‑cash return based on financing assumptions in offering materials; Building layout includes ten private rooms plus an administrative office