1242 W Lombard Street
Baltimore, MD 21223

  • 4 beds
  • 6 baths
  • 3,800 sqft
  • 1,500 sqft lot
  • $177 per sqft
  • 1920 build

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.

BRIGHT MLS logo Listing courtesy of BRIGHT / Carr Realtors

Last checked: Checking… • Last updated May 11, 2024 •

MLS# MDBA2090366 —

This home is listed in more than one place. See it here.

Monthly cost estimate

1242 W Lombard Street

Asking price

$675,000

Expense Monthly cost
Mortgage

$3,614

Taxes $255
Insurance $185
Utilities $338 See report
Total $4,392/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
11/16/23
Price Changed BRIGHT $675,000 -2.2%
9/16/23
Price Changed BRIGHT $689,900 -1.4%
7/25/23
Price Changed BRIGHT $699,900 3.7%

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Listing provided by broker:

Pilar F Ciaramello

Carr Realtors

pilarcarr1@gmail.com

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This house located in Southern Baltimore, Baltimore, MD 21223 is currently for sale for $675,000. 1242 W Lombard Street is a 3,800 square foot house with 4 beds and 6 baths. 1242 W Lombard Street is in the Southern Baltimore neighborhood of Baltimore and has a WalkScore® of 89, making it very walkable. This house is in the attendance area of Steuart Hill Academic Academy, Vivien T. Thomas Medical Arts Academy, Augusta Fells Savage Institute Of Visual Arts, Booker T. Washington Middle School, Digital Harbor High School, Frederick Douglass High School, Paul Laurence Dunbar High School, Edmondson Westside High School, Stadium School, and Forest Park High School.

BRIGHT MLS logo Listing Courtesy of: BRIGHT and Carr Realtors.

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