$509,000
( $134.73Per Sq Foot )
 $2,732 est/mo Sourced by Back At You

5109 York Rd , Baltimore, MD 21212

Baltimore, MD 21212

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Description

**Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.** Located at 5109 York Road, Baltimore, MD 21212, this multifamily property offers a prime investment opportunity with three fully-leased units under double net (NN) lease agreements. The property benefits from long-term contracts with stable tenants, ensuring consistent rental income and reduced landlord responsibilities. Strategically positioned near prominent institutions such as Loyola University Maryland, Morgan State University, MedStar Good Samaritan Hospital, and Johns Hopkins Hospital, these nearby universities and hospitals drive significant foot traffic, enhancing business potential for retail tenants. Moreover, the property is well maintained, reflecting its upkeep and enhancing tenant satisfaction and property value. Additionally, it features amenities such as a drive-through and teller window, valuable assets for retail tenants seeking convenient customer access. The property's location near bus stations and a light rail station improves accessibility for tenants and customers alike. With 25 parking spaces available, the property provides ample parking for tenants and visitors. The combination of educational institutions, medical facilities, and robust public transportation options presents ample opportunities for retail tenants, potentially increasing the property’s value and appeal. This investment promises stability and potential growth, making it a valuable addition to any portfolio. **Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.**

Details

MLS#MDBA2132178
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1982
Days On Site122
Listing Provided ByMidfield Realty | Menachem M. Dalfin

Features

SQ Feet3,778
ZoningC-2

Market Activity 21212

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Listings Checked: 1 minute ago
StateMD
CountyBaltimore City
CityBaltimore
Zip Code21212
School DistrictBaltimore City Public Schools
Elementary SchoolGovans
Listing VS Median (in 21212)
Price:
$509,000
low | high
Med:
$235,000
100% of Average
SqFt:
3,778
low | high
Med:
1,740
100% of Average
$ / SqFt:
$135
low | high
Med:
$135
49.754984982951% of Average
On Site:
122
low | high
Med:
108.000000
100% of Average
Sourced by Back At You
Listing Updated: August 26, 2024 at 12:48:10 PM PDT