Change Real Estate Presents:

5900 York Road
Baltimore MD 21212

For Sale: $2,445,000.00 Off Market

List Date: 2025-06-13

Baltimore

About This Property

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 Agent: Yaakov Kanevsky. Midfield Realty 410-324-6939 showings@midfieldre.com

Property Features

Location Information
County:
Subdivision: BELVEDERE SQUARE
Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring: Fully Carpeted, Carpet
Water: Public
Cooling: Central A/C
Heating: Forced Air
Fireplaces: None
Windows:
Utilities: Water Available
Sewer: Public Sewer
Exterior Features
Year Built: 1958
Legal Subdivision: Ward 27
Subdivision Name: Belvedere Square
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Yaakov Kanevsky. Midfield Realty 410-324-6939 showings@midfieldre.com

Property Photos [Click to enlarge]

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