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5109 York Road

BALTIMORE, MD 21212
  • $509,000
  • STATUS: Active Under Contract
  • ON SITE: 61 Days
  • ID#: MDBA2132178
Under Contract
UPDATED: 198 min ago
$509,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1982
County:

School Information

Elementary School:
High School:

Description

**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**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 propertys value and appeal. This investment promises stability and potential growth, making it a valuable addition toanyportfolio.**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-09T23:50:15.063.
www.charisrealtygroup.com/homes/152477912
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5109 York Road BALTIMORE, MD 21212

  • Price: $509,000
  • Status: Active Under Contract
  • On Site: 61 Days
  • Updated: 198 min ago
  • ID#: MDBA2132178
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1982
Built
County:
Baltimore City
Elementary School:
Govans
High School:
Forest Park
School District:
Baltimore City Public Schools
Property Description
**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**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 propertys value and appeal. This investment promises stability and potential growth, making it a valuable addition toanyportfolio.**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**
Exterior Features

Construction Materials Other Garage YN No Parking Types Other Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3778.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 12197.00

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 803207769322 Ownership Interest Other Property Sub Type Retail Sale Type Standard Sewer Other Tax Annual Amount 4873.00 Tax Lot 018 Vacation Rental YN No Water Source Other Zoning C-2

Listing courtesy of Midfield Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-09T23:50:15.063.
 
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Charis Realty Group
1896 Urbana Pike, Suite 6
Clarksburg MD, 20871