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5900 York Rd Baltimore, MD 21212

For Sale
$2,445,000

27-unit mixed-use property with high cap rate and growth potential.

Property Features for 5900 York Rd

General Information

Standard status
Active

Building Details

Year built
1958

Source: MIDFIELD REALTY Agent MENACHEM M. DALFIN

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


Overview

Mixed-Use Property Near Loyola University

This 27-unit mixed-use property features only one vacant unit and offers an immediate 11% cap rate. The property has under-market rents, providing an opportunity to increase income and returns. Located near major transit lines, the property benefits from proximity to Loyola University Maryland, Johns Hopkins University, Johns Hopkins Hospital, and MedStar Union Memorial Hospital. The surrounding area includes major banks such as PNC Bank, Wells Fargo, and Bank of America, as well as shopping destinations like The Rotunda Shopping Center and Towson Town Center. The two-story building comprises a mix of retail and office spaces, complemented by dedicated parking in the back. Recent improvements, including a newly updated roof, ensure minimal maintenance costs. The property’s Enterprise Zone designation provides tax advantages.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Run Style Beauty Salon 3-D Stylez Barber Shop 1500Radio Radio Broadcaster Innovative Graphics Commercial Printer Everything Must Change ... Mental Health Service

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Baltimore
County
Baltimore
State
Maryland
Longitude
-76.6103707
Latitude
39.3629183

FAQs

What type of property is this?
Mixed-use property - 27-unit mixed-use property with high cap rate and growth potential.
Where is this mixed-use property located?
The property is located at 5900 York Rd Baltimore, MD.
What is the asking price?
The asking price for this property is $2,445,000.
What are key features of this property?
This property features: - 11% Cap Rate from Day One; - Significant Potential for Rental Growth due to Under-Market Rents; - Strategic Location Near Major Transit and Prominent Institutions (Loyola, Johns Hopkins)
More about this property
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