13 Units – 4900 Blk of York Rd, Baltimore, MD 21212

$1,170,000
Off-Market / For Sale
8193 Property ID
5,908 SqFt Size
2 Bedrooms
1 Bathroom

Description

  • 13 Units – 4900 Blk of York Rd, Baltimore, MD 21212
    Near Loyola University!!Asking Price: $1,170,000 + 3% Buyer Fee
    13-unit property going for $85K a door!Near Loyola University!!Asking Price: $1,170,000 + 3% Buyer Fee
    Property Type: 13 Units Comm- Multi-Family
    Year Built: 1950 – Land Size: 12,528.33 Sq. Ft.

    The owner is willing to help with getting a hard money loan for 6 months – 1 year. The owner can help with the down payment to process a loan. The buyer and seller will split the closing costs.
    4 Vacant Units. Potential rent: 1 bed – $1100, and $800-900 for the studio units

    It is situated just minutes away from Loyola University in Baltimore. This property offers an excellent opportunity for investors looking for a value-add opportunity in a prime location. Despite needing some repairs, the property’s unbeatable location near Loyola University and short drive to other area schools like Notre Dame of Maryland University and Johns Hopkins University, coupled with an impressive rental income potential of around $300 below market price per unit, provides significant upside potential for investors who make strategic improvements to attract quality and convenience seeking renters.

Address

  • Address 13 Units - 4900 Blk of York Rd, Baltimore, MD 21212
  • Country United States
  • City/Town
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Overview

Contact

Patriarch Property MGMT LLC.

443 - 741 - 2308
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