5904 Harford Rd, Baltimore, MD 21214

Property Description

3-Unit Mixed-Use Investment Property on Harford Rd — $395,000Turnkey mixed-use investment opportunity on Harford Rd, one of Northeast Baltimore's most central and active business corridors. This three-unit building pairs a street-level commercial/retail space with two updated residential apartments — and every part of the building has been touched within the past few months.The main-entrance retail unit was fully renovated in May 2026 and was most recently operated as a barbershop, with fixtures still in place. It's currently vacant and move-in ready — bring your own business, lease it up as a barbershop again, or reconfigure the flexible open layout for another retail, salon, or office use. The space was previously rented for $1,500/month, giving a new owner immediate income potential.Through the rear entrance on the first floor is a 2-bedroom, 1-bath apartment, renovated in August 2026 and currently rented for $1,000/month on a lease running through May 2027, with room for a significant rent increase once that lease ends.A private staircase from the front porch leads up to the third unit, a 1-bedroom, 1-bath apartment updated in April 2026 and currently rented for $1,200/month on a lease running through June 2027.Big-ticket maintenance is already done: a brand-new roof was installed in June 2026. The unfinished basement adds valuable extra storage and includes a washer and dryer already in place. Parking is a major plus in this commercial corridor — the property offers 9 off-street parking spaces plus additional on-street parking.This is a versatile, cash-flow-ready asset: keep all three units rented for maximum income, live in one unit and house-hack by renting the other two to offset your housing costs, or occupy the retail space with your own business and let the residential units cover your occupancy costs. With the retail unit vacant and ready to lease, a new owner can step in and immediately start building toward full rental income.Quick FactsPrice: $395,000Property type: Mixed-use (retail + 2 residential units)Location: Harford Rd — central, high-traffic business corridorParking: 9 off-street spaces + on-street parking availableRetail/Commercial 1st floor, main/front entrance Flexible commercial space (former barbershop) Vacant, renovated May 2026 Previously $1,500/moResidential — Rear 1st floor, rear entrance 2 BR / 1 BA Occupied, renovated August 2026 $1,000/mo (lease through May 2027; room to increase after)Residential — Top Top floor, via front porch staircase 1 BR / 1 BA Occupied, updated April 2026 $1,200/mo (lease through June 2027)Recent UpdatesNew roof — June 2026Commercial/retail unit fully renovated — May 2026Top-floor (2nd floor) residential unit updated — April 2026Rear first-floor residential unit renovated — August 2026