Author name: Midfieldre_@dmin

COMMERCIAL/ RETAIL / OFFICE

6515 Belair Road Baltimore

2 Unit Retail property in a high-traffic area with stable income and growth potential. Access Documents 6515 Belair RdBaltimore, MD 21206 Summary Access Documents Number of Units – 06 Occupancy Rate 15 / 16 Occupied # of Buildings 2 Parking Rear + Street parking Stories – 03 Asking Price Subject to Offer 6515 Belair Road, Baltimore, MD 21206,** is a strategically located commercial property offering approximately **19,000 SF of retail space** along Belair Road, a major thoroughfare in Baltimore. The property features **40 parking spaces, 180 feet of frontage, pylon signage availability, a 15-foot entrance fronting Belair Rd, and 90 feet of display windows**, ensuring strong visibility. Positioned across from the **United States Postal Office** and surrounded by a mix of residential and commercial developments, the property benefits from **high traffic and accessibility** via major transportation routes. Nearby banks and ATMs further enhance convenience for both tenants and customers. The property is currently leased under a **five-year contract**, providing **stable occupancy and reliable rental income**. Under the current **double net lease structure**, the **owner is responsible only for taxes and insurance**, while tenants cover all other expenses. **Unit 6503 is leased at $8,421 per month ($101,052 annually), and Unit 6515 is leased at $7,000 per month ($84,000 annually), bringing the total rental income to $185,052 per year.** With opportunities for **strategic renovations or lease optimization**, this property presents an **attractive investment opportunity** with strong **growth potential**. Its **prime location, visibility, and steady cash flow** make it a compelling option for investors looking to capitalize on Baltimore’s commercial real estate market. Access Documents – INVESTMENT HIGHLIGHTS – The property includes a 6500 square foot warehouse with drive-in capabilitiea, enhances the property’s versatility and appeal, catering to businesses requiring storage or distribution facilities. The property features 40+ parking spaces, 180 feet of frontage on Belair Rd, pylon signage availability, a 15-foot entrance fronting Belair Rd, and 90 feet of display windows along Belair Rd. Operates under a double net lease, where tenants assume responsibility for property taxes and insurance premiums in addition to base rent. This lease structure enhances investment appeal by providing stable, predictable cash flow and reducing landlord’s operating expenses. -Video – – Photo Gallery – Access Documents – Location Map –

Blog

Midfield Realty Unveils listing of 5801 Narcissus Ave, Baltimore, MD

Midfield Realty Unveils listing of 5801 Narcissus Ave, Baltimore, MD 5801 Narcissus Ave, Baltimore, MD Midfield Realty has announced the sale of 5801 Narcissus Ave, a well-maintained six-unit multifamily property nestled in a quiet residential neighborhood of Baltimore. The property offers modern conveniences including in-unit washers and dryers, separate BGE metering for each unit, and private balconies, all of which contribute to its tenant appeal and operational efficiency. The building’s central HVAC system—less than 10 years old for all units—ensures year-round comfort, while recent exterior improvements such as new paint and tree removal have significantly enhanced its curb appeal. Unique in an urban setting, the property also boasts both front and back yard spaces, providing a rare outdoor retreat for its residents. Financially, 5801 Narcissus Ave represents a compelling investment opportunity. In addition to generating steady rental income, the property offers potential for further revenue growth through a storage unit at the rear. Market comparables show that renovated rents in the area average around $1,439 per month—a 55% increase over current rates—with pro forma analyses suggesting the possibility of achieving nearly an 8% cap rate by the end of Year 2. Professional management, at an 8% fee, ensures smooth operations and cost efficiency. Location is another key asset for this property. Its proximity to major commuter routes like Reisterstown Road and I-83 provides easy access to surrounding job centers and city hubs. Residents benefit from nearby public transit options, including the Reisterstown Plaza Metro Station, and can enjoy a variety of shopping and dining options at the Reisterstown Road Plaza and Northwest Plaza. Educational institutions such as Baltimore City Community College and Coppin State University, along with healthcare facilities like Sinai Hospital, are also within a short distance. Midfield Realty’s sale of 5801 Narcissus Ave underscores its commitment to offering high-quality, income-producing assets in Baltimore’s dynamic rental market, presenting investors with a stable asset that combines strong rental performance, efficient operations, and an attractive location.

COMMERCIAL/ RETAIL / OFFICE

6200 Harford Road Baltimore, MD 21214

6200 Harford Road Baltimore, MD 21214 Access Documents 6200 Harford Road Baltimore, MD 21214 Summary Access Documents Number of Units – 02 Fully Occupied Typical Floor 33 Parking spaces Stories – 02 Asking Price Subject to Offer Located along the bustling thoroughfare of 6200 Harford Rd, Baltimore, MD 21214, this property features two units under a double net (NN) lease structure with established long-term contracts, presenting a robust investment opportunity. The NN lease setup ensures stable income streams, with tenants responsible for property taxes and insurance, minimizing financial obligations for the property owner. Each unit provides flexible rental income, supported by long-term leases that reduce vacancy risks. Strategically positioned along this major road, the property benefits from high visibility and accessibility, attracting a diverse community and ensuring steady demand for local retail and service businesses. Nearby banks and ATMs provide convenient financial services for tenants and customers, enhancing the property’s appeal and supporting potential business expansions in the area. In summary, 6200 Harford Rd offers a compelling investment opportunity with its stable income from long-term leases, strategic location along a major road, and accessibility to essential financial services. These factors position the property favorably for steady rental income and potential growth, making it an attractive option for investors seeking reliable returns in Baltimore’s real estate market. Access Documents – INVESTMENT HIGHLIGHTS – Features existing long-term tenants with active leasing contracts, ensuring continuity and income stability. Operates under a double net lease, where tenants assume responsibility for property taxes and insurance premiums in addition to base rent. This lease structure enhances investment appeal by providing stable, predictable cash flow and reducing landlord’s operating expenses. -Video – – Photo Gallery – Access Documents – Location Map –

Under Contract

742 Edmondson Ave, Catonsville

742 Edmondson Ave, Catonsville, MD 21228 Access Documents Summary Number of Units – 04 Total property square footage – 5200 10 Parking spaces Asking Price Subject to Offer Exceptional investment opportunity!This four-plex property features 4 fully renovated 3-bedroom residential units,each upgraded with granite countertops and in-unit washers and dryers.Tenants enjoy the convenience of on-property parking, and the property alsoincludes 15 storage units for versatile income potential. Situated on a spaciouslot with wide parking spaces, there is ample room for RV parking or additionalrental opportunities.Located in the heart of Catonsville, this well-maintained property offersexcellent accessibility and proximity to local amenities.A rare turnkey investment with endless possibilities—don’t miss out! – Photo Gallery – – Location Map –

Under Contract

499 Beaumont Ave, Baltimore

18 Unit Multifamily property with 3 Commercial Spaces Next to Loyola University Access Documents 499 Beaumont Ave, Baltimore, MD 21212 Summary Number of Units – 18 15 / 18 Occupied Parking Spaces – 25 Building SF (Approximate) -16000 The property at 499 Beaumont Ave, Baltimore, MD 21212, enjoys a great location near prominent institutions like John Hopkins University, Loyola University, Towson University Morgan State University and within walking distance of Loyola University, enhancing its allure to potential tenants and ensuring consistent rental demand. This enticing investment prospect offers 25 parking spaces for tenants and is situated on a corner lot with a bus stop for the convenience of commuting tenants. This further appeals to real estate investors seeking stable returns and sustained growth. Recently renovated, the property includes 15 units, each featuring 2 bedrooms and in-unit washer/dryers, as well as three additional commercial spaces currently leased as doctor’s offices. With a value-add opportunity to increase rental income by 50%, this property represents a compelling opportunity for significant financial returns. – INVESTMENT HIGHLIGHTS – -Exceptional location with easy access to amenities and public transport -Recent Capital improvements done recently -Value-add opportunity with potential to increase rental income by 50% -Close to John Hopkins Universityand Loyola Universities, attracting tenants and ensuring rental demand -Each unit has 2 bedrooms and in unit washer/dryer -3 additional commercial spaces currently leased as doctor’s offices -each unit at Beaumont either has laundry or has a washer and dryer hookup. – Photo Gallery – – Location Map –

Under Contract

5109 York Road Baltimore

5109 York Road Baltimore, MD 21212 Access Documents 5109 York Road Baltimore, MD 21212 Summary Number of Units – 02 Occupancy Rate – Fully occupied Typical Floor – 1,875 SF 25 Parking spaces Stories – 02 Asking Price Subject to Offer 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 property’s value and appeal. This investment promises stability and potential growth, making it a valuable addition to any portfolio. – INVESTMENT HIGHLIGHTS – -Operates under a double net lease, where tenants assume responsibility for property taxes and insurance premiums in addition to base rent. This lease structure enhances investment appeal by providing stable, predictable cash flow and reducing landlord’s operating expenses. -Features existing long-term tenants with active leasing contracts, ensuring continuity and income stability. -proximity to Loyola University Maryland and Johns Hopkins University, offering retail tenants direct access to substantial foot traffic from students and faculty. Nearby hospitals like Johns Hopkins Hospital and MedStar Union Memorial Hospital further enhance the property’s appeal by attracting a steady flow of visitors, employees, and potential customers for retail establishments. – Photo Gallery – – Location Map –

COMMERCIAL/ RETAIL / OFFICE

5900 York Road Baltimore

High-Return Investment Opportunity on 5900 York Road Access Documents In close proximity to major banks, grocery stores and shopping centers Access Documents PROPERTY DETAILS Number of Units – 27 24 of 27 occupied LAND SF Parking 20 spaces Stories – 02 Asking Price Subject to Offer This 27-unit mixed-use property offers an exceptional investment opportunity, with an 11.6% cap rate from day one. Currently, the property has both vacant units and under-market rents, allowing new ownership to raise income and further enhance returns. With untapped potential for rental growth, this property presents an immediate opportunity to add value. Located near major transit lines, this property enjoys close proximity to prominent institutions, including Loyola University Maryland, Johns Hopkins University, Johns Hopkins Hospital, and MedStar Union Memorial Hospital, which strengthen tenant demand. The area is also rich with conveniences such as major banks like PNC Bank, Wells Fargo, and Bank of America, as well as nearby shopping destinations like The Rotunda Shopping Center and Towson Town Center. The building itself is two stories, featuring both retail and office spaces, with dedicated parking in the back. Recent upgrades include a newly updated roof, ensuring low maintenance needs for years to come.Additionally, the property benefits from the Enterprise Zone designation, offering valuable tax advantages to the future owner. Access Documents – INVESTMENT HIGHLIGHTS – The property is located within an Enterprise Zone, offering potential benefits such as tax incentives and opportunities for economic development. The property has signage space that is currently leased, providing an additional income stream. The property is nearby hospitals such as Johns Hopkins Hospital and MedStar Union Memorial Hospital Proximity to universities like Loyola University Maryland and Johns Hopkins University. Features existing long-term tenants with active leasing contracts. The property also benefits from its proximity to prominent shopping malls like The Rotunda Shopping Center and Towson Town Center Situated in close proximity to major banks such as PNC Bank, Wells Fargo Bank, and Bank of America, along with convenient access to ATMs Strategic proximity to bus stops and a light rail station enhances property value by offering convenient commuting options. The property is set-up with Receptionist area, Director’s office, multiple employee offices, conference rooms, storage areas and common areas. The property is estimated to be performing with a cap rate of around 11%, presenting a solid investment opportunity for potential buyers. -Video – – Photo Gallery – Access Documents – Location Map –

Sale

2106 St Paul St Baltimore, MD 21218

7-Unit Multifamily in Prime Charles Village with Rental Upside Access Documents 2106 St Paul St Baltimore, MD 21218 7-Unit Multifamily in Prime Charles Village with Rental Upside Access Documents 2106 St Paul St is a seven-unit multifamily property built in 1883, offering a blend of historic charm and income-producing potential. The property features original hardwood flooring, a first-floor balcony, and a basement patio, enhancing its tenant appeal. A coin-operated laundry in the basement provides an additional revenue stream, while a storage area within the building offers potential for further income. The property also includes one on-site parking space, which could be rented for additional earnings. With energy-efficient appliances and LED lighting, the property benefits from lower operational costs. Location Highlights This property is situated in Charles Village, a well-connected area with easy access to shopping, entertainment, healthcare, universities, and major commuter routes. Safeway (0.3 miles) and Save A Lot (0.2 miles) provide nearby grocery options. Public transit is easily accessible with bus routes along St. Paul St and North Ave, and the Penn Station MARC & Amtrak train station is just 0.8 miles away, providing direct rail connections. Major cultural attractions like Charles Theatre (0.9 miles), Parkway Theatre (0.8 miles), and Centre Theatre (0.7 miles) are nearby. The property is also 0.6 miles from MedStar Union Memorial Hospital and 1.8 miles from Johns Hopkins Hospital. Additionally, Johns Hopkins University (0.9 miles) and The University of Baltimore (1 mile) are within close proximity, making this an attractive rental location for students and faculty. Financial Highlights Market comparables indicate that one-bedroom units can achieve $1,300 per month, creating strong upside potential. With minimal upgrades and strategic rent increases, the property can reach a 7.2% cap rate by the end of Year 1. Currently, all utilities are paid by ownership, but there is an opportunity to separate metering in the future or to implement a RUBS system to reduce expenses. Additional income potential exists through storage rental and parking lease opportunities. – INVESTMENT HIGHLIGHTS – Tax Credit Advantage Located in the CHAP Historic Tax Credit zone, providing opportunities for significant tax savings on future renovations. Financial Upside Current rents have a 23.5% growth potential to meet market rates, coupled with the ability to assume existing debt at a competitive 5.8% interest rate. Transportation Access Just 0.2 miles from Baltimore Penn Station and near the I-83 highway, offering easy access to Washington, D.C., and New York. Retail & Cultural Appeal Ground-floor retail space with a longstanding tenant, plus proximity to vibrant retail options, dining, and cultural landmarks like the Joseph Meyerhoff Symphony Hall. Energy-Efficient Systems Individual split heating and cooling systems for residential units; central HVAC for the basement and retail space; all systems are relatively new. Modernized Units Fully renovated residential units with granite countertops, laminate flooring, white shaker cabinets, and in-unit washers and dryers. Prime Location Located in Midtown Baltimore, directly across from the University of Baltimore and 0.5 miles from MICA, ensuring strong rental demand. -Video – – Photo Gallery – Access Documents – Location Map –

Sale

5801 Narcissus Ave, Baltimore

6-Unit Multifamily with Strong Rental Growth & Extra Income Potential 5801 Narcissus Ave, Baltimore, MD 21215 Access Documents 5801 Narcissus Ave, Baltimore, MD 21215 Property Summary Access Documents 5801 Narcissus Ave is a well-maintained six-unit multifamily property located in a quiet residential neighborhood of Baltimore. Built in 1938, this fully electric property offers tenants modern convenience with separate BGE metering for each unit, ensuring operational efficiency for landlords. Each unit features in-unit washers and dryers, providing added convenience for tenants, while private balconies enhance the overall living experience. The property’s central HVAC system, with all units’ systems under 10 years old, ensures year-round comfort and cost-effective maintenance. Exterior improvements, including new exterior paint and tree removal, enhance curb appeal. The property also offers front and back yard space, a unique feature in urban settings. Financial Highlights The property also offers additional income potential through a storage unit in the back, creating an opportunity to maximize revenue streams. Market comparables indicate renovated rents averaging $1,439/month, presenting a 55% increase from current rental rates. A pro forma analysis suggests potential revenue growth through strategic lease adjustments, with the possibility of achieving just under an 8% cap rate by the end of Year 2. The property is professionally managed with an 8% management fee, ensuring smooth operations and cost efficiency. Investors can expect stable income with appreciation potential in a demand-driven rental market. Location Highlights The property benefits from proximity to major commuter routes such as Reisterstown Road and I-83, providing easy access to surrounding job centers and city hubs. Public transit options, including the Reisterstown Plaza Metro Station, are just a short distance away. For shopping and daily conveniences, Reisterstown Road Plaza (0.6 miles) and Northwest Plaza (1 mile) provide multiple retail and grocery options, including The Home Depot and ShopRite. Residents also have access to quality education institutions, with Baltimore City Community College (1.5 miles) and Coppin State University (2.8 miles) nearby. Healthcare needs are met by Sinai Hospital, located just 1.7 miles from the property. This property represents an excellent investment with strong rental performance, efficient operations, and an attractive location that offers tenants both convenience and accessibility. Access Documents – INVESTMENT HIGHLIGHTS –   Access to Healthcare & Education – Sinai Hospital (1.7 miles) and institutions like Baltimore City Community College (1.5 miles) .   Nearby Shopping & Retail – Reisterstown Road Plaza (0.6 miles) and Northwest Plaza (1 mile) provide shopping, grocery, and dining options.   Proximity to Public Transit – Close to Reisterstown Plaza Metro Station and major highways like I-83, offering easy commuter access.   Separate Utility Metering – Fully electric property with separate BGE metering, reducing owner expenses. In-Unit Amenities – Each unit includes washers, dryers, and private balconies, enhancing tenant appeal.   Additional Income Stream –Two Storage units in the back provides an extra revenue opportunity for owners.   Rental Growth Potential – Market rents suggest a 55% increase from current rates, with an estimated $1,439/month average for renovated units. -Video – – Photo Gallery – Access Documents – Location Map –

Sale

2620-2630 E Northern Pky Baltimore, MD 21214

15 Unit Multi Family Property in E Northern Parkway Access Documents 2620-2630 E Northern Pky Baltimore, MD 21214 Summary Built – 1986 SF GBA – 7,600 SF Typical Floor – 2,533 SF Land SF 43,560 SF Parking – 15 spaces Units – 15 # of Buildings – 01 Typical Floor – 2,533 SF 2620-2630 E Northern Pky Baltimore, MD 21214 This 15-unit multifamily property at 2620-2630 E Northern Pky, Baltimore, MD 21214 strategically positioned amidst major employers and universities, offering convenient access to key highways. With a compelling value-add potential, there’s the prospect of increasing rents by an impressive 30%. Comprising 11 generously-sized 2-bedroom units and 4 thoughtfully designed 1-bedroom units, the property includes parking spaces and showcases spacious living with large floor plans. Residents can relish the outdoors on balconies featured in the majority of units. This property presents an enticing proposition for investors seeking both a strategic location and substantial rent growth potential. – INVESTMENT HIGHLIGHTS – -The property is strategically located in Northeast Baltimore with easy access to Morgan State University, John Hopkins University and major highways. -The property boasts spacious living with large floor plans, and residents can enjoy the outdoors with the majority of units featuring balconies. -Value add opportunity – ability to raise rents by 30% -73% of the unit mix is 2 Bedroom units -selected units have vaulted Ceilings -All units have central AC – Property has Washer and Dryer facility available for tenants convenience -Video – – Photo Gallery – – Location Map –

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