3921 Old York Rd, Baltimore, MD 21218
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
3921 Old York Rd,Baltimore, MD 21218
$325,000
- 10 Beds
- 2 Baths
- 2,616 sq. ft.
- Single family
- Pending
Listed by: will a cannon iii
Office: ben frederick realty, inc.
MLS#:MDBA2218616
Source:BRIGHTMLS
Price summary
- Price:$325,000
- Price per sq. ft.:$124.24
About this home
• 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 housing, and other congregate living arrangements permitted by law.
Located near the 33rd Street, Waverly, and Greenmount Avenue commercial corridor, residents have convenient access to Giant Food, retail shopping, laundromats, dining, and public transportation. Investors seeking strong projected cash flow, existing licensing, and flexible housing opportunities will find a compelling opportunity at 3921 Old York Road....
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Home facts
- Year built:1930
- Listing ID #:MDBA2218616
- Added:45 day(s) ago
- Updated:July 23, 2026 at 04:24 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Partial
- Living area:2,616 sq. ft.
Heating and cooling
- Cooling:Central A/C, Window Unit(s)
- Heating:Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1930
- Building area:2,616 sq. ft.
- Lot area:0.09 Acres
- Architectural Style:Converted Dwelling
- Construction Materials:Frame
- Foundation Description:Stone
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$325,000
- Price per sq. ft.:$124.24
- Tax amount:$3,264 (2025)
Features and amenities
- Amenities:200+ Amp Service
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