Mixed-Use Triplex with Street-Level
7104 Harford Road Baltimore, MD 21234
7104 Harford Road, Baltimore, MD, 21234
$369,900
For Sale
$369,900
Three-unit mixed-use property with a street-signage commercial unit and two updated residential apartments, separately metered.
Property Size1,636 SF
Price / SF$226.10
Days on Market95
Property Features for 7104 Harford Road
General Information
- Standard status
- Active
- Size
- 1,636 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1930
Listing agency
Keller Williams Gateway LLC
(240) 426-3190
Listed by
Marcus P Hairston · License #0671997
(240) 426-3190
Source
Compass
Added: Apr 19 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 8:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Gateway LLC
Investment Insights
Based on property information with market context.
The Harford is a three-unit mixed-use property with one ground-level commercial unit and two residential apartments on the second and third floors. The commercial space is street-facing with signage and is currently rented to a beauty salon. The residential units include a second-floor one-bedroom, one-bath layout and a third-floor unit that can be configured as a one- or two-bedroom, one-bath space. The property has been recently updated throughout and is presented with individual unit metering.
The residential units use gas furnaces for heat, while the salon uses electric heat, supporting separation by unit. There is rear parking available, and the property also notes the possibility of parking in front. The commercial unit is currently occupied, while the two residential units are vacant and rent-ready for an owner-occupant or investor.
For tenants or buyers seeking a hands-on, mixed-use setup, the current in-place income from the salon can complement optional leasing of the vacant residential apartments. Separately metered utilities and distinct heating systems help simplify management across the three units, while the configuration offers flexibility for residential demand based on the third-floor layout. Located in Baltimore City, the property is described as being just minutes from shopping, entertainment, and major commuter routes.
The residential units use gas furnaces for heat, while the salon uses electric heat, supporting separation by unit. There is rear parking available, and the property also notes the possibility of parking in front. The commercial unit is currently occupied, while the two residential units are vacant and rent-ready for an owner-occupant or investor.
For tenants or buyers seeking a hands-on, mixed-use setup, the current in-place income from the salon can complement optional leasing of the vacant residential apartments. Separately metered utilities and distinct heating systems help simplify management across the three units, while the configuration offers flexibility for residential demand based on the third-floor layout. Located in Baltimore City, the property is described as being just minutes from shopping, entertainment, and major commuter routes.
Key Highlights
- 3‑unit mixed‑use property (year built 1930) with 1 ground‑level commercial unit and 2 residential units
- Commercial unit: currently rented beauty salon with street signage; separate utilities with individually metered services
- Two residential units are separately metered with separate heat: gas furnaces for residential units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.3k | $22.20 |
| − Vacancy | −$2.0k | −$1.22 |
| EGI | $34.3k | $20.98 |
| − OpEx | −$10.3k | −$6.29 |
| NOI | $24.0k | $14.69 |
1,636 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$343.2K
$300.3K – $400.4K
NOI $24,025 @ 7.0% cap · market cap 6.49%
Second Best
Retail
$330.8K
$289.5K – $385.9K
NOI $23,156 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$391.9K
$343.0K – $457.3K
NOI $27,436 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Crowned Naturals Studio
Hair Salon
Colé Mixology & Event ...
Event Planning
Beauti Remedies Beauty ...
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit mixed-use property with a street-signage commercial unit and two updated residential apartments, separately metered.
Where is this triplex located?
The property is located at 7104 Harford Road Baltimore, MD.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 3‑unit mixed‑use property (year built 1930) with 1 ground‑level commercial unit and 2 residential units; Commercial unit: currently rented beauty salon with street signage; separate utilities with individually metered services; Two residential units are separately metered with separate heat: gas furnaces for residential units
