$325,000

beds

baths

2,616

square ft

3921 Old York Road

Baltimore, Maryland 21218

New / MLS #MDBA2218616 / Single Family / Baltimore

Listing information updated 6/8/2026 at 5:21pm

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.

Full Features

Architecture Style:

Converted Dwelling

Basement:

Partial

Beds Above Grade:

Cooling System:

Central A/C, Window Unit(s)

Heating System:

Other

Main Level Primary Bedroom:

Yes

Fireplace:

Pool:

Age:

96 Years

Roof Type:

Asphalt

Water Front:

Square Feet:

2,616

Lot Size:

4000.00 Square Feet

Acreage:

0.09

Taxes & Assessments

Tax Amount:

$3,264

Tax Year:

2025

Location

Zip Code:

21218

City:

Baltimore

County:

Baltimore City

Schools

School District(s):

BALTIMORE CITY PUBLIC SCHOOLS

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Converted Dwelling

Basement:

Partial

Beds Above Grade:

Cooling System:

Central A/C, Window Unit(s)

Heating System:

Other

Main Level Primary Bedroom:

Yes

Fireplace:

Pool:

Age:

96 Years

Roof Type:

Asphalt

Water Front:

Square Feet:

2,616

Lot Size:

4000.00 Square Feet

Acreage:

0.09

Tax Amount:

$3,264

Tax Year:

2025

Zip Code:

21218

City:

Baltimore

County:

Baltimore City

School District(s):

BALTIMORE CITY PUBLIC SCHOOLS

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Ben Frederick Realty, Inc.

Listing Office Phone: 410.235.9500

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