1242 W Lombard Street

BALTIMORE, MD 21223

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,640 Sqft
  • 1500
    Sqft(Lot)
$599,900

Description

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.

  • Property Type

    Multi-Family

  • Subdivision

    Union Square

  • County

    BALTIMORE CITY

  • Style

    Colonial

  • AD ID

    48388140

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Exterior Property Features : Fire Escape,Sidewalks,Street Lights
    • Basement Description: Other

    Heating & Cooling

    • Cooling: Heat Pump(s)
    • Heating: Forced Air,Heat Pump(s)
    • Cooling Fuel: Electric
    • Heating Fuel: Electric,Natural Gas

  • Building Information

    • Exterior Features: Fire Escape,Sidewalks,Street Lights
    • Year Built: 1920
    • Structure: Detached
    • New Construction: No
    • Total Units: 1
    • Built: 1920
    • Construction Material: Brick
    • Foundation/Basement: Stone
    • Architecture: Colonial
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 1,500
    • Lot Size (Acres): 0.03
    • Architectural Style: Colonial
    • Stories Total: 3
    • Main Square Feet: 1,500

    Property Information

    • SQ ft: 4,440
    • SQ ft (Living Area): 3,640
    • Total Lot SQ ft: 1,500
    • Subdivision: UNION SQUARE
    • Financing: Cash,Conventional,Other
    • Total Acreage: 0.03
    • New Construction: No
    • Type: Colonial

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 8

  • Tax Information

    • Annual Tax: $3,343
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $141,667

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,Other

    Homeowners Association Information

    • Direction: MLK to West on Lombard to 1242 on corner of Lombard and S. Carey

  • School Information

    • School District: BALTIMORE CITY PUBLIC SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric,Natural Gas
    • Hot Water: Electric

    Location Information

    • Direction: MLK to West on Lombard to 1242 on corner of Lombard and S. Carey
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BuyOwner last updated this listing 01/29/2025 @ 01:04

  • MLS: MDBA2153410
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 3,640 sqft, 1,500 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of BALTIMORE , in zip code 21223, this BALTIMORE CITY County Other , it is in the UNION SQUARE Subdivision, and are nearby neighborhoods.