216 W Read St #216-218 Baltimore, MD 21201-4884

Mixed-Use 6-Unit Asset | Immediate Income + Upside

Well-located 6-unit mixed-use property featuring 2 commercial storefronts and 4 residential apartments, offering diversified income and a clear value-add component. Current in-place rents total $5,175/month, with one residential unit vacant, providing an immediate opportunity for a new owner to increase cash flow upon lease-up.

The two commercial spaces are established and income-producing, while the residential units offer stable demand and straightforward management. The vacant unit allows a buyer to set market rent from day one, materially improving NOI and overall valuation.

This asset is well-suited for:

Investors seeking current cash flow with upside

Buyers pursuing mixed-use portfolio diversification

Owner-users looking to occupy a unit while offsetting expenses with rental income

Financials support attractive returns at today's financing, and the property underwrites favorably on both cap-rate and cash-on-cash metrics, depending on buyer strategy.

Sold as-is. Rent roll and additional financial details available upon request.