501 E 43rd StreetBaltimore, MD 21212

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.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1946

Building area

3,150 Sq Ft

Parking spaces

3

Zoning

C-1

Days on market

15

MLS^® Listing#

MDBA2235580

Property Features

Appliances

Electric Water Heater

Cooling

Central Air

Heating

Hot Water

Parking

Garage

Construction

Other

Sewer

Other

Water source

Other

Schools

District

BALTIMORE CITY PUBLIC SCHOOLS

Financial Details

Annual taxes

$3,912Tax year 2026

Assessed value

$165,767

Parcel number

0327425202 007

Directions

Please use GPS.