$675,000
- Beds
- 4
- Baths
- 5.0
- sq ft
- 3,800
1242 W Lombard St, Baltimore, MD 21223
1242 W Lombard St
Baltimore, MD 21223
- 462 days on market
- Price drop $14,900↓
Great buy with excellent return for your money. Building renovated in 2010. This property would be excellent for owner occupant. You can get an SBA loan with 10% down as owner occupant. First floor restaurant and carry out, seating for 32 people, full commercial kitchen, two half bathrooms, and basement for storage. Everything in the restaurant conveys AS-IS, and new owner will need to have their own Corporation/LLC. New owner will need to apply for new licenses in the name of their new business. Rented to owner for $3000 per month. Second floor with 2BD/1BA unit rented for $1080 per month. Second floor also has office/efficiency with full bathroom rented for $500 per month. Third floor with 2BD/2BA unit rented for $1030 per month. All units individually metered. Tenants pay for their own utilities except water. Both apartment have hard wood floors, range/oven, built in microwave, dishwasher, refrigerator with ice maker. Corner building with great exposure, and plenty of parking. Bus stop in front of building. Owners are Agents in state of Maryland.
Details
Property type
Single Family Residence
Property condition
New Construction
Lot size
1,500 sq ft
Price per sq ft
$178
Year built
1920
Annual property taxes
$3,068
Price History
06/24/2023
BrightMLS #MDBA2090366
Listed
$675,000
Schools & Community
Neighborhood:
Hollins Market
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
BALTIMORE CITY PUBLIC SCHOOLS
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Tomo last checked: 09/28/2024 at 8:55 PM
Listing updated: 05/31/2024 at 10:53 AM
Listed by: Pilar F Ciaramello, Carr Realtors Phone #: (301) 330-5900
MLS: BrightMLS #MDBA2090366
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