Property

Baltimore, MD 21212 5109 York Road

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Presented By: Midfield Realty
  • MLS# MDBA2132178
  • 07/10/2024
  • Request Tour
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  • SQFT • 12,197

Home Details

**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.**
Presented By: Midfield Realty

Interior Features for 5109 York Road

Other Interior Features

Central Air Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterOther
Total Stories2

General for 5109 York Road

AccessibilityNone
Business TypeOther
CityBALTIMORE
Construction MaterialsOther
Cool FuelOther
CoolingOther
CountyBALTIMORE CITY
DirectionsPlease use GPS
HeatingOther
Legal SubdivisionWard 27
ModificationTimestamp2024-08-26T12:35:16
MunicipalityBaltimore City
New ConstructionNo
NumberOfUnitsTotal1
Percent OwnershipOther
Possession0-30 Days CD
Price Per Sq Ft Total AG134.73
Property SubTypeRetail
Property TypeCommercial Sale
SewerOther
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Tax Annual Amount4873.0
Tax Assessed Value206500.0
Tax Lot018
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1982
Year Built SourceAssessor
ZoningC-2

Exterior for 5109 York Road

Building Area Total3778.00
Car Parking Spaces25
Land Assessed Value61400.00
Land Use CodeC
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces25
Type of ParkingOther
Water Oriented Y/NNo
Water SourceOther
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $509,000
MLS#MDBA2132178
List Date 07/10/2024
Property Type Contingent
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