5900 YORK ROAD

BALTIMORE, MD 21212

Financial Highlights The 27-unit property at 5900 York Road delivers strong in-place and projected cash flow, supported by T-12 gross income of $358,380 and projected Year 1 income of $400,380, growing to $450,631 by Year 5 as average rents increase from $1,067 to $1,341 per unit. Net Operating Income improves from $279,572 on a T-12 basis to $328,501 by Year 5, with expenses remaining efficient at approximately 27%. Cash flow increases steadily from $107,689 in Year 1 to $142,516 by Year 5, driving cash-on-cash returns from 16.65% to 22.04%. The asset supports conservative leverage, with DSCR ranging from 1.65x to 1.84x, and offers an attractive going-in cap rate of approximately 11.6%, expanding to an implied 13.46% by Year 5. Property Highlights This 27-unit with 1 billboard on lease asset offers immediate and scalable value-add potential through a combination of vacant units and under-market rents, allowing new ownership to enhance income from day one. The two-story building includes residential units along with retail and office space, providing diversified revenue streams, and features dedicated rear parking. Recent capital improvements include a newly updated roof, reducing near-term maintenance exposure and supporting long-term operational stability. The property also benefits from Enterprise Zone designation, offering meaningful tax incentives to future ownership. Location Highlights Located along the York Road corridor with convenient access to major transit routes and arterial roadways, the property is positioned within an established, amenity-rich area. The surrounding neighborhood includes a broad mix of employment centers, retail services, financial institutions, and shopping destinations, supporting consistent demand and long-term occupancy. Proximity to regional commercial and institutional hubs further reinforces the area’s stability and continued investment appeal.

Listing courtesy of Midfield Realty



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