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1242 W Lombard Street

BALTIMORE, MD 21223
  • $599,900
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: MDBA2153410
UPDATED: 35 min ago
$599,900
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,640
    SQFT
  • $165
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

This building is a 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 acquire new tenant for restaurant space. Restaurant could be rented for $3000 per month. Second floor with 2BD/1BA unit could be rented rented for $1200 per month. Second floor also has office/efficiency with full bathroom rented for $600 per month. Third floor with 2BD/2BA unit rented for $1030 per month. All units individually metered for electric. Tenants pay for their own utilities except water. Both apartments 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. Building sold As-Is. Showings on Sundays only.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AJ Team Realty | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-13T06:57:43.237.
www.ajteamrealty.com/homes/159585234
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1242 W Lombard Street BALTIMORE, MD 21223

  • Price: $599,900
  • Status: Active
  • On Site: 23 Days
  • Updated: 35 min ago
  • ID#: MDBA2153410
0
Beds
0
Baths
0
½ Baths
0.03
Acres
3,640
SQFT
$165
$/SQFT
1920
Built
Neighborhood:
Union Square
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
This building is a 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 acquire new tenant for restaurant space. Restaurant could be rented for $3000 per month. Second floor with 2BD/1BA unit could be rented rented for $1200 per month. Second floor also has office/efficiency with full bathroom rented for $600 per month. Third floor with 2BD/2BA unit rented for $1030 per month. All units individually metered for electric. Tenants pay for their own utilities except water. Both apartments 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. Building sold As-Is. Showings on Sundays only.
Exterior Features

Architectural Style Colonial Construction Materials Brick Exterior Features Fire EscapeSidewalksStreet Lights Garage YN No Parking Types On Street Pool No Pool Property Condition Very Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3640 Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 800 Cooling Heat Pump(s) Fireplace YN No Heating Forced AirHeat Pump(s) Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing CashConventionalOther Accessibility Features Other Central Air YN No Cooling Fuel Electric Electric 120/240VSingle Phase Foundation Details Stone Heating Fuel ElectricNatural Gas Hot Water Electric Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 803583879692 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 3343.00 Tax Lot 026 Vacation Rental YN No Water Source Public Year Built Effective 2010 Zoning R-8

Listing courtesy of Carr Realtors: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AJ Team Realty | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-13T06:57:43.237.
 
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