501 E 43rd St, Baltimore, MD 21212

$250,000

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List Price
$250,000
Days on Market
15
Status
ACTIVE
MLS#
MDBA2235580
Year Built
1946
County
Baltimore City
School District
Baltimore City Public Schools

Property Description

Fully Occupied Mixed-Use Investment Opportunity | 501 E 43rd Street, Baltimore, MD 21212 Discover an income-producing investment opportunity in North Baltimore's Pen Lucy neighborhood. This *fully occupied mixed-use property features a commercial salon, one residential unit, and four rented garages, providing multiple income streams. The property currently generates *$2,740 in monthly rental income ($32,880 annually)**, including income from the occupied commercial and residential units and garages. Conveniently located near several of Baltimore's major employers and institutions, including Johns Hopkins University, MedStar Union Memorial Hospital, Loyola University Maryland, and Morgan State University. Johns Hopkins University and its affiliated health system are among the region's largest employers, supporting a substantial local employment base. The property benefits from proximity to the York Road commercial corridor, neighborhood shopping, restaurants, public transportation, and major commuter routes connecting North Baltimore to Downtown. With 100% occupancy, established rental income, and six rented spaces consisting of two units and four garages, this property presents an opportunity for investors seeking immediate income and long-term investment potential in an established North Baltimore location.

Additional Information

School District
Baltimore City Public Schools
Heating
Hot Water
Cooling
Central Air
Water
Other
Sewer
Other

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Listing courtesy of Midfield Realty. Contact: