For Sale
$120,000

4626 York RdBaltimore, MD 21212

High-yield retail & residential. Prime location.

Overview

Added:
Dec 11, 2024
Days on market:
118
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.

Highlights

  • $120,000 asking price for a mixed-use property.
  • 1,890 square feet of net rentable space.
  • $63.49 price per square foot.
  • 33.33% cap rate with a $40,000 NOI.
  • Located at 4626 York Rd, Baltimore, MD 21212.

Property Details for 4626 York Rd

Property type
Retail properties, Mixed-use properties
Square Feet
1,890 SF
Buildings
1
Stories
2

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.3451532
Longitude
-76.6098834
4626 York Rd, Baltimore, Maryland

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4626 York Rd
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