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$1,700,000 Just Listed
Property Description
Exceptional investment opportunity at 5900 York Road featuring a 27-unit mixed-use asset and a leased billboard, delivering a strong T-12 gross income of $358,380 and an attractive going-in cap rate of approximately 11.6%. This two-story building offers diversified revenue streams through residential, retail, and office spaces, further bolstered by an Enterprise Zone designation that provides significant tax incentives. Financial projections show robust growth, with Year 1 income of $400,380 scaling to $450,631 by Year 5, driving cash-on-cash returns from 16.65% to 22.04%. Ownership can benefit from immediate value-add potential via current vacancies and market-rate adjustments, while operational stability is reinforced by a newly updated roof and efficient 27% expense ratios. Strategically located along the high-visibility York Road corridor, the property features dedicated rear parking and seamless access to major transit routes, regional employment centers, and retail hubs, ensuring consistent demand and long-term occupancy.
Full Property Details
Full Property Details for 5900 York Rd
General
- Price: $1,700,000
- Taxes: $31,765 (2024)
- Status: Active
- Type: Commercial
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2214460
- Updated: 5/8/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Other
Parking
- Parking Type: None
Location
- Municipality: BALTIMORE
- County: BALTIMORE CITY
- Subdivision: GOVANS
- Driving Directions: Please use GPS
- City Limits: Yes
School Information
- High School: Heritage
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Roof: Asphalt
- Building Size: 12038
- Year Built: 1958
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Street/Road Desc.: Access - Above Grade
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $141.22
- Tax w/Assessment: $1,346,000
- Tax Amount: $31,765
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
Listed by Midfield Realty, Yaakov Kanevsky
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Schools
Schools serving 5900 York Rd
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Govans Elementary School 5801 York Road, Baltimore, MD 21212 | PK-5 | 0.2 mi |
Baltimore I.T. Academy 900 Woodbourne Avenue, Baltimore, MD 21212 | 6-8 | 0.7 mi |
N.A.C.A. Freedom And Democracy Academy Ii 2500 East Northern Parkway, Baltimore, MD 21214 | 6-12 | 2.7 mi |
Friendship Academy Of Engineering And Technology 2500 East Northern Parkway, Baltimore, MD 21214 | 6-12 | 2.7 mi |
Western High School 4600 Falls Road, Baltimore, MD 21209 | 9-12 | 2 mi |
Reginald F. Lewis High School 6401 Pioneer Drive, Baltimore, MD 21214 | 9-12 | 2.1 mi |
Baltimore Polytechnic Institute 1400 West Cold Spring Lane, Baltimore, MD 21209 | 9-12 | 2.1 mi |
Academy For College And Career Exploration 1300 West 36th Street, Baltimore, MD 21211 | 6-12 | 2.7 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5900 York Rd
Date
Details
Price
Change
Source
5/08/2026
Listed
$1,700,000
-20.93%
MLS
11/18/2015
Sold
$2,150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5900 York Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$30,999
—
$1,442,100
7%
2023
$30,999
—
$1,346,000
2%
2023
$30,999
3%
$1,313,500
3%
2022
$30,232
3%
$1,281,000
3%
2021
$29,465
—
$1,248,500
—
2021
$29,454
-18%
$1,248,067
-18%
2020
$35,857
22%
$1,526,633
22%
2019
$29,434
13%
$1,247,200
13%
2018
$26,011
15%
$1,102,167
15%
2017
$22,588
18%
$957,133
18%
2016
$19,074
—
$812,100
—
2015
$19,166
-7%
$812,100
-6%
2013
$20,561
—
$863,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5900 York Rd
5900 York Road, Baltimore, MD 21212 (MLS# MDBA2214460) is a Commercial property. 5900 York Road is currently listed for $1,700,000 and was received on May 08, 2026. Want to learn more about 5900 York Road? Do you have questions about finding other Commercial real estate for sale in Cold Spring? You can browse all Cold Spring real estate or contact a Coldwell Banker agent to request more information.
