25 Baltimore St Funkstown, MD 21734
This exceptional mixed-use property located at 25 Baltimore Street in the charming town of Funkstown, Maryland, presents a unique investment opportunity. The building encompasses a total of 2,274 square feet and sits on a 0.22-acre lot, offering ample space for various commercial and residential uses. Currently, the first floor is successfully operating as a hair salon, providing immediate rental income potential. Above the commercial space, a separate apartment unit offers additional income streams through rental opportunities. The property also includes a detached garage, adding further value and utility. This versatile property is ideal for an owner-operator seeking to combine business and residential living or for an investor looking for a strong return on investment in a thriving small-town market. The strategic location in Funkstown provides easy access to local amenities and transportation routes, making it an attractive destination for both residents and businesses. The existing hair salon is a proven income generator, minimizing initial risk and offering immediate cash flow. The upstairs apartment and detached garage provide further opportunities to enhance profitability. This property is a rare find, combining the benefits of commercial and residential income in a single, well-maintained building. Don't miss this chance to acquire a valuable asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.