MLS: #MDBA2218616, Listed By: Will Cannon, Ben Frederick Realty, Inc., Source:Bright MLS
3921 Old York Road
BALTIMORE, MD 21218
10
Bed
2
Bath
2,616Sqft
0.09Acre(Lot)
• 16.1% Projected Cash-on-Cash Return • $2,953 Projected Monthly NOI • Licensed 10-Room Congregate Housing Facility 3921 Old York Road offers a unique opportunity to acquire a licensed 10-room congregate housing facility with projected annual Net Operating Income of $35,438, or $2,953 per month, when operated at full capacity under the current operating model. Based on the financing assumptions contained in the offering materials, the property projects a 10.9% cap rate and 16.1% cash-on-cash return. The building includes ten private rooms, an administrative office, two ADA-accessible rooms, shared kitchen and laundry facilities, and a fire sprinkler system. This configuration supports a variety of housing models, including workforce housing, shared housing, transitional housing, senior
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Partial -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Other Has Cooling: Yes Cooling: Central Air, Window Unit(s), Electric
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Building Information
Year Built: 1930 Building Area Total: 3844 Construction Materials: Frame Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 100' x 40' Lot Size Acres: 0.09 Lot Size Source: Assessor Lot Size Square Feet: 4000Property Information
Subdivision: PEN LUCY Source Property Type: Residential Postal Code Plus 4: 1910 Zoning Description: Licensed for 10 rooming units. Zoning permits this SFH with up to 10 residents and allows residential substance abuse. Property SubType: Single Family Residence Levels: Two Property Age: 96
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Listing Price Information
Listing Price: $325000
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Tax Information
Parcel Number: 0309013913B028 Tax Lot: 028 Tax Year: 2025 Annual Tax: $3264
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Parking Information
None
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Location Information
Direction: GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1530 Gorsuch Avenue, Baltimore, MD, 21218 | $129,000 | 3 | 3 | -- | |
| 1525 Carswell Street, Baltimore, MD, 21218 | $125,000 | 3 | 1 | -- | |
| 2560 Robb Street, Baltimore, MD, 21218 | $179,900 | 3 | 2 | -- | |
| 1319 Lakeside Avenue, Baltimore, MD, 21218 | $359,999 | 4 | 3 | 1,448 | 1,448 SqFt |
| 1015 Bonaparte Avenue, Baltimore, MD, 21218 | $184,900 | 2 | 2 | -- | |
| 1209 Havenwood Road, Baltimore, MD, 21218 | $434,950 | 3 | 3 | 2,119 | 2,119 SqFt |
| 1210 Havenwood Road, Baltimore, MD, 21218 | $399,900 | 3 | 2 | 1,664 | 1,664 SqFt |
| 3915 Ednor Road, Baltimore, MD, 21218 | $190,000 | 3 | 2 | 1,600 | 1,600 SqFt |
| 1140 Montpelier Street, Baltimore, MD, 21218 | $15,000 | -- | -- | 1,176 | 1,176 SqFt |
| 907 Homestead Street, Baltimore, MD, 21218 | $299,999 | 4 | 3 | 2,468 | 2,468 SqFt |
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ByOwner last updated this listing 06/09/2026 @ 18:48
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