**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.**
MLS# | MDBA2132178 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1982 |
Days On Site | 122 |
Listing Provided By | Midfield Realty | Menachem M. Dalfin |
SQ Feet | 3,778 |
---|---|
Zoning | C-2 |
State | MD |
---|---|
County | Baltimore City |
City | Baltimore |
Zip Code | 21212 |
School District | Baltimore City Public Schools |
Elementary School | Govans |
Listing VS Median (in 21212) | |
Price: $509,000 low | high Med: $235,000 SqFt: 3,778 low | high Med: 1,740 $ / SqFt: $135 low | high Med: $135 On Site: 122 low | high Med: 108.000000 |