6401-6405 Belair Rd

7,800 SF 100% Leased Retail Building Baltimore, MD 21206 $480,000 ($62/SF) 11.07% Cap Rate

EXECUTIVE SUMMARY

Attention New and Experienced Real Estate Investors! Are you ready to expand your portfolio into Commercial Real Estate? This is the opportunity you've been waiting for! This well-maintained 7-unit property offers a diverse mix of 1 residential unit and 6 fully occupied commercial units, making it a lucrative investment. With two one-year leases up for renewal and the remaining tenants on month-to-month agreements, this property provides incredible upside potential. Long-term tenants add stability, and two recently secured leases ensure consistent income. Pride of ownership shines throughout, with upgraded systems, electrical, and plumbing already in place. Plus, tenants cover their own gas and electric, and the property boasts an impressive 10%+ cap rate.
As an added bonus, the seller also owns an adjacent 2-unit brick building with two large attached garages. The 2nd-floor tenant currently rents both the apartment and warehouse/garage at below-market rates, offering an immediate value-add opportunity. Meanwhile, the 1st floor is move-in ready for an owner-user or can be leased quickly to further boost returns.
Financial analysis is available upon request, and the seller is open to financing 6401-6405 Belair for well-qualified buyers. Don’t miss this exceptional opportunity to invest in a stable, versatile property with significant income potential. Schedule your showing today!

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,800 SF
Building Class
C
Year Built
1927
Price
$480,000
Price Per SF
$62
Cap Rate
11.07%
NOI
$53,114
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.19
Lot Size
0.15 AC
Zoning
Commercial
Parking
7 Spaces (1 Space per 1,000 SF Leased)
Frontage
32 FT on Belair Rd Rd
Walk Score®
Very Walkable (79)

NEARBY MAJOR RETAILERS

PNC Bank
Lidl
Bank of America
Carrabba’s Italian Grill
Wells Fargo

PROPERTY TAXES

  • Listing ID: 34606268

  • Date on Market: 1/25/2025

  • Last Updated:

  • Address: 6401-6405 Belair Rd, Baltimore, MD 21206