• 2550 W Lombard Street BALTIMORE, MD 21223

  • $375,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft

Positioned in a burgeoning area of Baltimore and with the combination of renovated apartments and its proximity to business centers and downtown suggests a strong potential for rental income growth. Comprising 5 renovated apartments spread across two lots, this property stands out for its promising Pro Forma 21% Cash-on-Cash (COC) return, showcasing its robust financial performance. Prime investment opportunity in Baltimore's growing district. Five renovated apartments across two lots. Potential for 21% Cash-on-Cash return. Includes spacious grass area enhancing property appeal. Great entry price of 75K a door Featuring Stainless steel appliances, Vinyl wood flooring and tan cabinets

Property Type :

Multi-Family

County :

BALTIMORE CITY

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Other

Heating & Cooling

Cooling: Other

Heating: Other

Cooling Fuel: Other

Heating Fuel: Other

Building Information

Year Built: 1900

Structure: Other

New Construction: No

Total Units: 1

Built: 1900

Construction Material: Other

Architecture: Other

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Other

Water

Water Heat: Other

Lot Information

Architectural Style: Other

Property Information

SQ ft: 0

SQ ft (Living Area): 0

New Construction: No

Type: Other

Listing Information

Possession: 0-30 Days CD

Days Of Market: 2

Tax Information

Annual Tax: $566

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

0-30 Days CD

Assessment Information

Taxes Assessment Amount: $24,000

Parking Information

Parking Type: Other

Has Garage: N

Homeowners Association Information

Direction: Please use GPS

School Information

School District: BALTIMORE CITY PUBLIC SCHOOLS

Utility Information

Water Source: Other

Sewer: Other

Cooling Fuel: Other

Heating Fuel: Other

Hot Water: Other

Location Information

Direction: Please use GPS

Nearby Home Value

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

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/29/2024 @ 11:35

MLS: MDBA2118696
LISTED BY: Menachem M. Dalfin , Midfield Realty
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.

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