Thank you
Pilar F Ciaramello
Carr Realtors
301-330-5900
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.
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Water Source : Public
Exterior Property Features : Fire Escape,Sidewalks,Street Lights
Basement Description: Connecting Stairway,Interior Access,Unfinished
Cooling: Central A/C,Heat Pump(s)
Heating: Forced Air,Heat Pump(s)
Cooling Fuel: Electric
Heating Fuel: Electric,Natural Gas
Exterior Features: Fire Escape,Sidewalks,Street Lights
Year Built: 1920
Structure: Detached
New Construction: No
Total Units: 4
Built: 1920
Construction Material: Brick
Foundation/Basement: Stone
Architecture: Colonial
Pool/Private: No Pool
Pool: No Pool
Sewer: Public Sewer
Water Heat: Electric
Lot Size: 1,500
Lot Size (Acres): 0.03
Architectural Style: Colonial
Stories Total: 3
Main Square Feet: 1,500
SQ ft: 4,600
SQ ft (Living Area): 3,800
Total Lot SQ ft: 1,500
Subdivision: UNION SQUARE
Financing: Cash,Conventional,Other
Total Acreage: 0.03
New Construction: No
Type: Colonial
Possession: Settlement
Days Of Market: 171
Annual Tax: $3,068
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $130,000
Parking Type: On Street
Has Garage: N
Acceptable Financing: Cash,Conventional,Other
Direction: MLK to West on Lombard to 1242 on corner of Lombard and S. Carey
School District: BALTIMORE CITY PUBLIC SCHOOLS
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Electric,Natural Gas
Hot Water: Electric
Direction: MLK to West on Lombard to 1242 on corner of Lombard and S. Carey
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2230 W Baltimore Street , Baltimore, MD,21223 | $37,500 | 3 | 1.0 | -- | -- |
219 S Bentalou Street , Baltimore, MD,21223 | $45,000 | -- | -- | -- | -- |
433 E Lynn Avenue , Baltimore, MD,21223 | $60,000 | 2 | 1.0 | 1,040 | -- |
1017 Edmondson Avenue , Baltimore, MD,21223 | $179,000 | 3 | 1.0 | -- | -- |
2700 W Franklin Street , Baltimore, MD,21223 | $65,000 | 3 | 1.0 | 1,080 | -- |
2356 Wilkens Avenue , Baltimore, MD,21223 | $49,000 | 3 | 1.0 | 1,040 | 1040 Sqft |
1310 Edmondson Avenue , Baltimore, MD,21223 | $87,500 | -- | -- | -- | -- |
2017 Eagle Street , Baltimore, MD,21223 | $60,000 | 3 | 1.5 | -- | 1024 Sqft |
312 Gilmor Street , Baltimore, MD,21223 | $119,000 | 1 | 0.5 | -- | 1334 Sqft |
2023 Wilhelm Street , Baltimore, MD,21223 | $115,000 | 2 | 1.0 | -- | 1306.8 Sqft |
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ByOwner last updated this listing 05/08/2024 @ 22:02
MLS: MDBA2090368
LISTED BY: Pilar F Ciaramello , Carr Realtors
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.