5610 Harford Road

    BALTIMORE, MD 21214
    • $995,000
    • STATUS: Active
    • ON SITE: 81 days
    • ID#: MDBA100147
    UPDATED: 115 min ago
    $995,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,600
      SQFT
    • $86
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1937
    County:

    School Ratings & Info

    Description

    Price Reduced! Can you find a better deal? 5610 Harford Rd. is a 15,000 sq. ft. office building comprised of 3 floors, with a 10.17% cap rate and 14.5% projected cash-on-cash return on investment. Elevator service makes all floors ADA-accessible. Fire sprinkler systems on ground floor and second floor. C-2 zoning allows many business uses, including office, day care, and restaurant. Building is currently built-out as and has historically been used as office space. Currently 73% occupied. Baltimore City Health Department WIC program, a long-term tenant tenant since 2004, occupies 1/3 of the building (ground floor).Middle floor is fully occupied by an adult day care center and a contracting company.Top floor is partly occupied by owner, who can sign a long-term lease and stay or vacate depending on purchaser~s preference. 4,000 +/- sq. ft. is currently vacant, making this building perfect for either an owner/user or an investor. Hamilton was named #4 in Redfin~s top ~10 hottest affordable neighborhoods in the U.S.~ Jump on this chance to own a cash-producing asset in an up-and-coming neighborhood!

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-20T23:51:07.963.
    www.hiban.com/homes/97457300

    5610 Harford Road BALTIMORE, MD 21214

    • Price: $995,000
    • Status: Active
    • Updated: 115 min ago
    • ID#: MDBA100147
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    11,600
    SQFT
    $86
    $/SQFT
    1937
    Built
    Neighborhood:
    Hamilton
    County:
    Baltimore City
    School District:
    Baltimore City Public Schools
    Property Description
    Price Reduced! Can you find a better deal? 5610 Harford Rd. is a 15,000 sq. ft. office building comprised of 3 floors, with a 10.17% cap rate and 14.5% projected cash-on-cash return on investment. Elevator service makes all floors ADA-accessible. Fire sprinkler systems on ground floor and second floor. C-2 zoning allows many business uses, including office, day care, and restaurant. Building is currently built-out as and has historically been used as office space. Currently 73% occupied. Baltimore City Health Department WIC program, a long-term tenant tenant since 2004, occupies 1/3 of the building (ground floor).Middle floor is fully occupied by an adult day care center and a contracting company.Top floor is partly occupied by owner, who can sign a long-term lease and stay or vacate depending on purchaser~s preference. 4,000 +/- sq. ft. is currently vacant, making this building perfect for either an owner/user or an investor. Hamilton was named #4 in Redfin~s top ~10 hottest affordable neighborhoods in the U.S.~ Jump on this chance to own a cash-producing asset in an up-and-coming neighborhood!
    Exterior Features

    Construction Materials BrickConcrete Direction Faces East Garage YN No Location Type Business District Other Structures Above GradeBelow Grade Parking Types None Property Condition Shows Well Riparian Rights YN No Roof Other View Street Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 15000.00 Cooling Central A/CMulti UnitsRoof MountedZoned Flooring CarpetCeramic TileConcreteLaminatedVinyl Heating Baseboard - ElectricHeat Pump(S) Heating YN Yes Net Square Feet 15000.00 Security Features IntercomMain Entrance LockSprinkler System - Indoor

    Property Features

    Accessibility Features 32"+ Wide DoorsElevatorEntry Slope <1'Mobility Improvements Annual Gross Expense 100381.00 Assessment Year 2019 Association YN No Business Type Day Care FacilityProfessional Central Air YN Yes Cooling Fuel Electric Cross Street Bayonne Electric 200+ Amp Service3 Phases Electric Average Monthly 1835.0 Electric Expense 22020.00 Electric Last12 Months 22020.00 Elevators 1 Foundation Details SlabConcrete Perimeter Gross Income 21.00 Heating Fuel Electric Hot Water Multi-TankElectric Insurance Expense 2700.00 Maintenance Expense 4500.00 Navigable Water YN N Net Operating Income 111922.00 New Construction YN No Number Of Units Total 5 Operating Expense 100381.00 Operating Expense Includes ElectricHeating/CoolingInsuranceManagement FeesSewerParkingPest ControlRepair/MaintenanceWaterOther Original MLSNumber 121609299974 Ownership Interest Fee Simple Possession Immediate Property Sub Type Office Sale Type Standard Section 05 Sewer Public Sewer Tax Annual Amount 22592.0 Tax Assessment Amount 994533.0 Tax Lot 040 Total Actual Rent 111922.00 Trash Expense 1452.00 Vacation Rental YN No Water Source Public Zoning C-2 Zoning Description Community Commercial District

    Listing courtesy of Ben Frederick Realty, Inc..
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-20T23:51:07.963.
     
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