1. Maryland
2. Baltimore
3. 5900 YORK ROAD

5900 YORK ROAD, Baltimore, MD 21212

Property Description

This 27-unit mixed-use property, with only one vacant unit, presents a compelling investment opportunity, boasting an 11% cap rate from day one. The property features under-market rents, providing new ownership the ability to increase income and enhance returns further. With significant potential for rental growth, this asset offers an immediate chance to add substantial value. Strategically located near major transit lines, the property benefits from proximity to prominent institutions, including Loyola University Maryland, Johns Hopkins University, Johns Hopkins Hospital, and MedStar Union Memorial Hospital, driving strong tenant demand. The surrounding area is rich with amenities, including major banks such as PNC Bank, Wells Fargo, and Bank of America, as well as convenient 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 for years to come. Additionally, the property’s Enterprise Zone designation provides valuable tax advantages, further enhancing its appeal to investors.

Listing Status:

Active

Listing Office:

Midfield Realty : 4104985408

Listing Agent:

Menachem M. Dalfin : 4104985408

MLS ID:

MDBA2171492

Interior

• Flooring: Fully CarpetedCarpet
• A/C: Central A/C
• Heating: YForced AirNatural Gas
• Disability Feature: None

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Menachem M. Dalfin, Midfield Realty