Listed by Coldwell Banker Commercial NRT Potomac
$600,000
4920 Belair Rd
Details
Property Type Office
Square Footage 3,500
Units 15
Cap Rate 8.85%
NOI $53,081
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 11.65%
Pro-Forma NOI $69,881
Price per SqFt $171
Broker Co-Op Yes
Class B
Year Built 1924
Year Renovated 2017
Buildings 1
Stories 2
Lot Size (SqFt) 5,106
Zoning R-5
Investment Type Core+
Office | 8.85% CAP | 3,500 SqFt
Marketing description
Introducing a prime investment opportunity at 4920 Belair Rd, Baltimore, MD. This 3,500 SF building, originally constructed in 1924 and meticulously renovated in 2017, offers 15 units designed for office use. Located in the vibrant Baltimore area and zoned R-5, this property presents a compelling opportunity for savvy investors seeking a strategic addition to their portfolio. With its rich history and modern upgrades, this property embodies the perfect blend of character and functionality. Don't miss out on the potential of this meticulously maintained and thoughtfully updated office building. (Do not Disturb Tenants)
Investment highlights
3,500 SF office building
15 units
Renovated in 2017
Prime Baltimore Location
Listing Contacts
Listed by Coldwell Banker Commercial NRT Potomac
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,081.00
$4,423.42/mo
Valuation Metrics
0
DSCR
8.85%
Cap Rate
8.85%
ROI
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