Author name: Midfieldre_@dmin

Sale

2800 N Calvert St Baltimore, MD 21218

Value add multi-family with 9 units near Johns Hopkins University 7 unit Milford Mill Professional Building in Reisterstown Rd Corridor Access Documents 2800 N Calvert St Baltimore, MD 21218 Summary Access Documents Built – 1902   SF GBA – 3,942 SF   Avg Unit Size – 986 SF   Construction – Masonry   Gas and electric – Individually Metered   Land SF – 2,275 SF   Units – 9 Stories 4   # of Buildings – 1 Value add multi-family with 9 units near Johns Hopkins University Nestled within the dynamic Charles Village neighborhood, adjacent to Johns Hopkins University, 2800 N Calvert in Baltimore presents itself as a notable three-story multi-family property. The strategic benefit of its close proximity to Johns Hopkins University, a well-regarded educational institution, significantly adds to its allure. This advantageous location positions the property to consistently attract potential tenants, ensuring a dependable occupancy rate and a steady stream of rental income. This property emerges as a compelling investment opportunity; the combination of its strategic location and the potential for substantial returns makes it an attractive choice for savvy investors. Currently boasting 100% occupancy, a garage with two parking spaces offers potential increased income, and an on-site washer and dryer facility further enhances its appeal. With efficient management practices and strategic leasing enhancements, the property can increase rents by 100%. This property stands out as an appealing option for investors seeking both stability and significant financial returns in this highly sought-after locale. Its historical charm, coupled with its advantageous position, makes it a promising investment for those looking to capitalize on the real estate market in the area. Access Documents – INVESTMENT HIGHLIGHTS – A garage with two parking spaces offers potential for increased income.   On-site washer and dryer facility   Mix of large studios and 1-bed / 1-bath units   100% Current occupancy Proximity to major highway (I-83). Near University Parkway Transit Hub and bus stations   Walking distance to Starbucks, Safeway, University Market & Deli Perpetual demand due to proximity to universities   Potentially increase rents by approximately 100% Adjacent to Johns Hopkins University – Photo Gallery – Access Documents – Location Map –

Sale

8-unit multifamily near University of Maryland

8-unit multifamily near University of Maryland 316 N Paca St Baltimore, MD 21201 Access Documents 316 N Paca St Baltimore, MD 21201 Summary Land SF – 2,483 SF Construction Masonry Construction Masonry Parking Type Spaces SF GBA – 5,505 SF Stories – 03 # of Buildings 1 Surface 2 8-unit multifamily near University of Maryland Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities such as the University of Maryland Medical Center and Mercy Medical Center. Residents can enjoy shopping at the historic Lexington Market, as well as a variety of retail and dining options at Harborplace & The Gallery and The Shops at Canton Crossing. The property is also well-connected, with quick access to Interstate 95 (I-95) and Interstate 83 (I-83). Additionally, it is only a few blocks away from Oriole Park at Camden Yards and M&T Bank Stadium, the homes of the Baltimore Orioles and the Baltimore Ravens, respectively. The building features four studios, three 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit, with the potential to increase rents by 22%. The proximity to major entertainment venues boosts demand for rental properties, leading to higher occupancy rates and rental income. Additionally, properties in such desirable locations often experience appreciation in value over time, presenting opportunities for capital gains for investors. – INVESTMENT HIGHLIGHTS – – Walking distance from the University of Maryland campuses and a short drive to prominent universities such as Johns Hopkins University and MICA. – Walking distance from the University of Maryland campuses and a short drive to prominent universities such as Johns Hopkins University and MICA. -Convenient for travel, in close proximity to Lexington Market subway station, Charles Center, Interstate 95 (I-95), and Interstate 83 (I-83). -Sorrounded by local employers such as University of Maryland Medical Center and Mercy Medical Center -A few blocks to Oriole Park at Camden Yards stadium and M&T Bank Stadium, the homes of two prominent professional teams: the Baltimore Orioles of Major League Baseball and the Baltimore Ravens of the National Football League. -On-site washer and dryer facility -Video – – Photo Gallery – – Location Map –

Sale

201 Milford Mill Rd Pikesville, MD 21208

201 Milford Mill Rd Pikesville, MD 21208 7 unit Milford Mill Professional Building in Reisterstown Rd Corridor Access Documents 201 Milford Mill Rd Pikesville, MD 21208 Summary Access Documents Built – 1989 Land SF 55,321 SF Construction – Steel # of Buildings – 01 RBA 14,077 SF Stories – 02 Typical Floor – 7,039 SF Parking 48 Spaces 7 unit Milford Mill Professional Building in Reisterstown Rd Corridor 201 Milford Mill Rd is a two-story building that offers seamless access to banking services with nearby ATMs, branch services, and loan officers from Capital One and Wells Fargo. With 100% occupancy and stable long-term tenants, it ensures consistent income, while double net leases reduce landlord expenses. Its strategic location near shipping centers allows for efficient package handling. The proximity to popular dining spots like The Silk Road Bistro, First Watch, and Applebee’s Grill + Bar, as well as supermarkets such as Seven Mile Market, Target, and Giant Food, adds convenience. Nearby subway stations (Old Court Metro, Milford Mill Metro, Rogers Ave Metro) and bus stops make commuting easy for employees and visitors. Additionally, the property offers owner-user potential for businesses to own and occupy their workspace, ensuring long-term stability and potential cost savings. Located in the high-demand area of Pikesville, Baltimore County, it is ideal for businesses aiming to flourish in a vibrant commercial hub. The potential to subdivide larger units into smaller ones below market value maximizes rental income and attracts a diverse tenant base. Additionally, the property features an active elevator, ensuring convenient access between floors for all tenants and visitors. With modern infrastructure, ample parking, and strong demographic growth, this property promises strong, long-term returns in a vibrant and supportive business environment. Access Documents – INVESTMENT HIGHLIGHTS – Potential benefit from the ongoing revitalization of Reservoir Square Mount Royal/University of Baltimore Station and Baltimore Penn Station are easily accessible. The property is located right off the highway. The selected unit has balconies and hardwood floors Strong opportunity to raise the rents by 30% Each unit boasts separate gas and electric meters, allowing tenants to manage utilities efficiently and live cost-consciously, fostering long-term resident satisfaction and boosting your bottom line. Spacious balconies, ample parking, generously sized units, and a convenient shared laundry space. Thrive in a high-demand area near major transportation hubs, prestigious universities like MICA and Johns Hopkins University, and the growing Reservoir Square development. Enjoy steady rental income and increasing property value, supported by ongoing revitalization and infrastructure improvements. -Video – – Photo Gallery – Access Documents – Location Map –

Sale

2107 Park AveBaltimore, MD 21217

2107 Park Ave Baltimore, MD 21217 Access Documents 2107 Park Ave Baltimore, MD 21217 Summary Number of Units – 06 Occupancy Rate 15 / 16 Occupied # of Buildings 2 Parking Rear + Street parking Stories – 03 Asking Price Subject to Offer This exceptional 16-unit multifamily property boasts a winning combination of location, potential, and making it the perfect opportunity to add a high-performing asset to your portfolio. Strategically situated near MICA, John Hopkins University, and the flourishing MCB North Avenue development, guaranteeing consistent rental demand and healthy occupancy rates. Nestled in the vibrant Reservoir Square district, this property benefits from the area’s upward trajectory and growing appeal. Witness your investment appreciate in value alongside the neighborhood’s ongoing revitalization. This opportunity caters to investors seeking a judicious balance between security and strong potential returns. – INVESTMENT HIGHLIGHTS – Significant opportunity to increase rents by 30%, as current rental rates are 30% below market value. -Thrive in a high-demand area near major transportation hubs, prestigious universities like MICA and Johns Hopkins University, and the growing Reservoir Square development. -Spacious balconies, ample parking, generously sized units, and a convenient shared laundry space. -Each unit boasts separate gas and electric meters, allowing tenants to manage utilities efficiently and live cost-consciously, fostering long-term resident satisfaction and boosting your bottom line. – Mount Royal/University of Baltimore Station and Baltimore Penn Station are easily accessible. – Potential benefit from the ongoing revitalization of Reservoir Square. – The selected unit has balconies and hardwood floors. – The property is located right off the highway. The property is located within an Enterprise Zone, offering potential benefits such as tax incentives and opportunities for economic development. -Video – – Photo Gallery – – Location Map –

Sale

Retail Properties

Retail Properties Baltimore, MD Access Documents Retail Properties Baltimore, MD Access Documents 6200 Harford Rd Located along the busy 6200 Harford Rd in Baltimore, MD 21214, this property offers two units with established long-term tenants. This setup ensures stable, predictable income, with tenants covering property taxes and insurance, reducing financial responsibilities for the owner. Both units are backed by secure long-term leases, lowering vacancy risks and enhancing revenue stability. The property also features an existing curb cut, providing easy access for vehicles and enhancing its commercial appeal. Additionally, it is situated within an Enterprise Zone, offering potential tax incentives and benefits that can further improve the financial outlook for investors. With a location on a high-traffic road, the property enjoys excellent visibility and easy access, attracting a diverse customer base. Nearby banks and ATMs add further convenience for tenants and customers, supporting the growth potential for businesses in the area. In summary, 6200 Harford Rd presents a solid investment opportunity, combining stable lease income, convenient vehicle access with its curb cut, tax benefits from its Enterprise Zone status, and strategic high-visibility location, making it a desirable option for investors seeking consistent returns in the Baltimore market. Access Documents 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. Access Documents 5900 York Road Baltimore, MD 21212 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 6515 Belair Road, Baltimore, MD 21206, is a strategically located commercial property offering approximately 25,000 SF of land area along Belair Road, a prominent thoroughfare in Baltimore. The property boasts 40 parking spaces, 180 feet of frontage on Belair Rd, and features such as pylon signage availability, a 15-foot entrance fronting Belair Rd, and 90 feet of display windows along Belair Rd. Additionally, the property includes a warehouse of approximately 7,400 Sqft with a drive-in door and comprises two units: one retail unit currently leased by No Limit Incorporated and one vacant office space. Situated across from the United States Postal Office and amidst a blend of residential and commercial developments, the property benefits from its advantageous location along this busy road, ensuring high visibility and easy accessibility via major transportation routes. Access Documents – Photo Gallery – Access Documents – Location Map –

Sale

305 W Madison St, Baltimore, MD 21201

305 W Madison St, Baltimore, MD 21201 Access Documents 305 W Madison St, Baltimore, MD 21201 6-units across By UMMC Midtown Campus Property Overview The property at 305 W Madison St, Baltimore, MD 21201 is a five-unit multifamily building with a mix of studio and one-bedroom units. Some of the units have already been renovated, and the property includes onsite laundry facilities, offering added convenience for tenants and an additional income stream for investors. Value-Add Potential The property offers substantial value-add potential for investors, with the opportunity to increase rents by ~59%, or approximately $200 per unit. This creates a clear path to significantly enhance cash flow and maximize returns. With a handful of units already renovated investors can implement additional improvements to the remaining units to further boost rental income and overall property value. Additionally, the onsite laundry offers further income-generating potential. Prime Location and Area Benefits Located in the heart of Baltimore, the property is close to major institutions such as Johns Hopkins University and the University of Maryland Medical Center, offering proximity to key employment centers. Nearby universities like the University of Baltimore and Maryland Institute College of Art (MICA) also enhance the area’s appeal. The property benefits from easy access to major highways such as I-83 and I-95, and is close to the State Center subway station, ensuring excellent transportation options. Additionally, being near an Opportunity Zone provides potential tax incentives for investors. – INVESTMENT HIGHLIGHTS – – Multi-unit property positioned to benefit from the strong demand for urban living in a popular, walkable community with a walk score of 98 – Opportunity to implement value-add renovations, including unit upgrades and amenity enhancements, to increase rental income by ~59%” -Walking distance to Baltimore Penn Station, connecting to MARC, Amtrak, and light rail services, providing easy access to Washington, D.C., Philadelphia, and beyond. – Located close to I-83 and Route 40, offering seamless connections to major highways, downtown Baltimore, and surrounding suburban areas. -Located close to I-83 and Route 40, offering seamless connections to major highways, downtown Baltimore, and surrounding suburban areas. -The property is located within an Enterprise Zone, offering potential benefits such as tax incentives and opportunities for economic development. -The property is located within a Baltimore Planning District, which is often the focus of city-led development initiatives. This means it could benefit from infrastructure improvements, beautification projects, and other investments aimed at enhancing the area’s appeal. – Photo Gallery – – Location Map –

Sale

1 Willard St Baltimore, MD 21223

1 Willard St Baltimore, MD 21223 Development Opportunity in Baltimore’s Enterprise Zone with Tax Incentives Access Documents Property Overview The property at 1 Willard St, Baltimore, MD 21223, presents an exceptional opportunity for industrial, commercial, or potential multifamily development. There’s a possibility to rezone the property for multifamily use, opening the door for projects like senior housing or affordable housing. Access Documents Strategically positioned with direct access to major transportation routes, the property’s robust infrastructure supports diverse operations, including manufacturing, warehousing, and distribution. A key advantage is its location within Baltimore’s Enterprise Zone, offering significant tax incentives, including a 10-year real property tax credit on improvements and income tax credits for job creation. These incentives can dramatically reduce operating costs for businesses or developers. Moreover, the property is part of several transformative neighborhood plans, such as the West Baltimore MARC Station Transit-Oriented Development (TOD) Plan, which enhances regional connectivity and accessibility for local workers. The Frederick Elementary School INSPIRE Plan is focused on neighborhood improvements, contributing to a vibrant community that could increase property values. The Southwest Partnership Vision Plan aims to revitalize the area, making this property a prime candidate for businesses or developers looking to be part of a broader community renewal effort. With these strategic advantages, and the possibility of multifamily development, this property is ideally positioned for growth, whether for industrial purposes or innovative housing solutions. – 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 –

Blog

Midfield Realty Successfully Sells a Multi-family Property in Station North, Despite Appraisal Challenges

Midfield Realty Successfully Sells a Multi-family Property in Station North, Despite Appraisal Challenges Midfield Realty, led by Mendel Dalfin and Yaakov Kanevsky, representing the seller, is proud to announce the successful sale of a 12-unit property. This transaction further solidifies Midfield Realty’s expertise in handling multifamily for sale in Baltimore, helping investors find profitable opportunities in the city’s dynamic real estate market. Through professional marketing strategies and unwavering dedication, Yaakov Kanevsky with Midfield Realty was able to bring a qualified buyer and ensure a smooth transaction, even when challenges arose. During the appraisal process, unforeseen challenges threatened to undervalue the property. When the appraiser used comparable properties from miles away, which did not accurately reflect the property’s worth, Yaakov Kanevsky, owner of Midfield Realty, stepped in with multiple strong comparable properties within a mile radius. This strategic move showcased the true value of the property and ultimately saved the deal, demonstrating the importance of working with a brokerage experienced in multifamily for sale in Baltimore. The seller expressed their satisfaction with the experience, stating: “I had a fantastic experience with Yaakov Kanevsky and Midfield Realty. When the appraiser used comps from miles away, which undervalued my property, Yaakov Kanevsky stepped in with multiple strong comparables within a mile radius. Thanks to his efforts, we were able to showcase the property’s true value and save the deal. I highly recommend Midfield Realty for their expertise and commitment to getting the job done right.” This successful sale highlights Midfield Realty’s commitment to excellence and its proactive approach in navigating real estate challenges. By leveraging deep market knowledge and strategic marketing, Midfield Realty continues to deliver outstanding results for clients seeking multifamily for sale in Baltimore and other commercial real estate opportunities. For more information about this sale or to learn how Midfield Realty can assist with your real estate needs, please contact:

Sale

1303 N Charles St Baltimore, MD 21201

6 Unit Mixed-Use Multifamily Building in Downtown Baltimore Access Documents 1303 N Charles St Baltimore, MD 21201 1303 N Charles Street is a six-unit mixed-use property located in the vibrant Midtown neighborhood of Baltimore.  This fully renovated multifamily building for sale is a mixed-use property consisting of five residential units and one ground-floor retail space, making it an attractive multifamily investment opportunity in Baltimore. It includes two private parking spaces at the rear, adding convenience for tenants and business owners. Each residential unit has been upgraded with modern finishes, including granite countertops, laminate flooring, white shaker cabinets, and in-unit washers and dryers, enhancing its appeal to rental property investors. The property features individual split heating and cooling systems for the residential apartments, while the basement and retail space benefit from central HVAC, ensuring energy efficiency. This multifamily building for sale boasts modern infrastructure, with all major systems—including a two-year-old roof—being relatively new. This minimizes maintenance costs and maximizes return on investment for buyers looking for a stable, income-generating real estate asset. From a financial perspective, this investment property in Baltimore offers significant upside. Currently 83% leased, there is an opportunity to increase rental income by 23.5% to align with market rates, capitalizing on its high-quality renovations and prime location. Additionally, buyers can assume existing debt at a competitive 5.8% interest rate, an attractive option in today’s high-interest real estate market. Whether you’re an experienced investor or seeking to expand your multifamily real estate portfolio, this property presents a compelling opportunity. Strategically located within the CHAP Historic Tax Credit zone, this multifamily building for sale offers not only an exceptional investment opportunity but also potential tax savings for future renovations, further enhancing its long-term value. Its prime location in a high-demand area ensures strong rental potential, making it a smart choice for investors seeking stable income and property appreciation. With its mixed-use potential, this property is ideal for commercial real estate investors, multifamily brokerage firms, and those looking to expand their Baltimore real estate portfolio. Whether you’re a seasoned investor or a first-time buyer looking for a high-performing asset, this property offers the perfect balance of historic charm, modern upgrades, and income-generating potential. – INVESTMENT HIGHLIGHTS – Prime Location: Located in Midtown Baltimore, directly across from the University of Baltimore and 0.5 miles from MICA, ensuring strong rental demand. Modernized Units: Fully renovated residential units with granite countertops, laminate flooring, white shaker cabinets, and in-unit washers and dryers. 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. 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. 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. 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. Tax Credit Advantage: Located in the CHAP Historic Tax Credit zone, providing opportunities for significant tax savings on future renovations. https://www.youtube.com/watch?v=n0JNVqnerp4 – Photo Gallery – – Location Map –

baltimore real estate
Blog

Midfield Realty Announces the Sale of a 79 Property Portfolio

Midfield Realty Announces the Sale of a 79-Property Portfolio Midfield Realty, led by Mendel Dalfin and managed by Yaakov Kanevsky, is excited to announce the successful 79-property portfolio sale in Baltimore, valued at over $8,000,000. This remarkable achievement was made possible through close collaboration with the seller’s brokers, Cecil Cummins and Eric Pinkett of Hyatt Commercial, who worked together to navigate the complexities of the transaction and ensure a smooth closing. The 79-property portfolio sale in Baltimore underscores investor confidence in the city’s real estate market, showing that with effective management, local properties continue to attract strong interest. Recent developments like Port Covington by MAG Partners and Yard 56 by MCB Real Estate are transforming the city, while the addition of new tech jobs and a decrease in the homicide rate over the past year are further strengthening the market’s appeal. As these positive trends continue, Baltimore is positioning itself as a prime destination for both investors and new residents. Midfield Realty is experiencing significant growth, following the recent sale of a 20-unit property in Mt. Vernon for around $130,000 per unit. Additionally, Midfield has just listed a 244-unit property, further expanding their presence in the market. Led by Mendel Dalfin and managed by Yaakov Kanevsky, Midfield Realty continues to drive major transactions in the region. Midfield Realty,  Led by Mendel Dalfin and managed by Yaakov Kanevsky is excited to announce the successful sale of a 79-property portfolio, valued at over  $8,000,000. The deal was made possible through close collaboration with the seller’s brokers, Cecil Cummins and Eric Pinkett of Hyatt Commercial, who worked together to navigate the complexities of the transaction and ensure a smooth closing.

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