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Investment Highlights

  • Corner location on Harford rd & Christopher, large lot 1/4 acre w 2 car garage
  • Well maintained, New roof 2025
  • Self-contained 6 unit Residential /Commercial property

Executive Summary

Great opportunity to acquire this 5 unit self-contained asset with 1 commercial space and 2 car garage. Long term tenants with little to no vacancies. Property is on a corner lot with main building on Christopher and commercial space on 6110 Harford road.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $108,158 $29.50
Other Income - -
Vacancy Loss $5,136 $1.40
Effective Gross Income $103,022 $28.10
Taxes $6,160 $1.68
Operating Expenses $18,594 $5.07
Total Expenses $24,754 $6.75
Net Operating Income $78,268 $21.35

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $108,158
Annual Per SF $29.50
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $5,136
Annual Per SF $1.40
Effective Gross Income (CAD)
Annual $103,022
Annual Per SF $28.10
Taxes (CAD)
Annual $6,160
Annual Per SF $1.68
Operating Expenses (CAD)
Annual $18,594
Annual Per SF $5.07
Total Expenses (CAD)
Annual $24,754
Annual Per SF $6.75
Net Operating Income (CAD)
Annual $78,268
Annual Per SF $21.35

Property Facts Under Contract

Price $820,876 CAD
Price Per Unit $136,813 CAD
Sale Type Investment
Cap Rate 9.51%
Gross Rent Multiplier 8
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Single-Family Home
Building Class C
Lot Size 0.24 AC
Building Size 6,156 SF
Average Occupancy 100%
No. Stories 2
Year Built 1900
Parking Ratio 0.65/1,000 SF
Zoning OR-1 - OR-1 zoning is an office-residential zoning district that allows for offices and residential uses

Amenities

Unit Amenities

  • Fireplace
  • Storage Space
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Office
  • Porch
  • Vinyl Flooring
  • Large Bedrooms

Site Amenities

  • Laundry Facilities
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $1,507 CAD -
1+1 4 $1,370 CAD -
Fairly walkable
50/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5496-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$304,280 CAD
Annual Taxes
$6,160 CAD ($1.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38919586

  • Date on Market: 2025-12-29

  • Last Updated:

  • Address: 2926 Christopher Ave, Baltimore, MD 21214

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