4626 York Rd Baltimore, MD 21212-4736
- Investment properties
- 1,890 SF
- 0.06 lot acres
Current Use by Public Records
- Investment properties
Property Details for 4626 York Rd
- Year built
- 1940
- Lot size
- 0.06 lot acres
- Property size
- 1,890 SF
- Zone code
- R-6*
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 27-12-5053 -014
- APU
- 27125053014
Description
This exceptional mixed-use property in Baltimore, MD, presents a lucrative investment opportunity. Located at 4626 York Rd, 21212, this 1,890 square foot building boasts a compelling 33.33% cap rate and a strong net operating income (NOI) of $40,000. The property features a ground floor commercial space ideal for a convenience store or storefront, previously generating over $28,000 in annual business income. Upstairs, a two-bedroom apartment offers additional rental income potential, previously exceeding $10,000 annually. The building's solid construction and prime location, just half a mile from Sherwood Gardens and near Loyola University Maryland, ensure high visibility and accessibility. The asking price is $120,000, translating to $63.49 per square foot. Special financing options are available, including grants of up to $10,000, allowing for 0% down and monthly payments under $1,100, or the possibility of a trade. This property is a perfect blend of retail and residential income streams, making it an attractive proposition for both seasoned investors and first-time buyers. The two-story structure is built of durable federal brick. Don't miss this chance to acquire a high-return property in a thriving Baltimore neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.6099
- Latitude
- 39.3452
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
