4626 York RdBaltimore, MD 21212

Property Details for 4626 York Rd

Year built

1940

Lot size

0.06 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $407,528

  6.5%

  $376,179

  7%

  $349,309

• Comparable approach

  Method

  Valuation

  Relative Method

  $118,900

  Geo Method

  $118,900

• Alternative Use

  Use

  Valuation

  Residential

  $466,462

  Hospitality

  $427,277

  Educational

  $355,490

  Medical

  $367,715

  Retail

  $552,984

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.3452

Longitude

-76.6099

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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