Baltimore, MD 21214,5610 HARFORD RD
Baltimore, MD 21214,5610 HARFORD RD
Baltimore, MD 21214,5610 HARFORD RD
Baltimore, MD 21214,5610 HARFORD RD
Baltimore, MD 21214,5610 HARFORD RD
Baltimore, MD 21214,5610 HARFORD RD
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$990,000

$995,000

0.5%
Est.Price: ?

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Est. payment /mo

15,000 SqFt


SOLD DATE : 02/03/2020

Key Details

Sold Price $990,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $66

Subdivision Hamilton Heights

MLS Listing ID MDBA100147

Sold Date 02/03/20

HOA Y/N N

Originating Board BRIGHT

Year Built 1937

Annual Tax Amount $23,470

Tax Year 2019

Lot Size 8,450 Sqft

Acres 0.19

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!

Location

State MD

County Baltimore City

Zoning C-2

Direction East

Interior

Hot Water Multi-tank, Electric

Heating Baseboard - Electric, Heat Pump(s)

Cooling Central A/C, Multi Units, Roof Mounted, Zoned

Flooring Carpet, Ceramic Tile, Concrete, Laminated, Vinyl

Heat Source Electric

Exterior

Waterfront N

Water Access N

View Street

Roof Type Other

Accessibility 32\"+ wide Doors, Elevator, Entry Slope <1', Mobility Improvements

Parking Type None

Garage N

Building

Foundation Slab, Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0327055414 040

Ownership Fee Simple

SqFt Source Assessor

Security Features Intercom,Main Entrance Lock,Sprinkler System - Indoor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Thomas Fair • Ben Frederick Realty, Inc.
Bought with Renwick G James • Fathom Realty MD, LLC
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