Skip To Content

2550 W Lombard Street

BALTIMORE, MD 21223
  • $375,000
  • STATUS: Active Under Contract
  • ON SITE: 67 Days
  • ID#: MDBA2118696
Under Contract
UPDATED: 110 min ago
$375,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

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 doorFeaturing Stainless steel appliances, Vinyl wood flooring and tan cabinets

Monthly Payment Calculator



©2024 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 Arlington Realty, Inc.. 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: 2024-05-28T10:25:55.32.
www.arlingtonrealtyinc.com/homes/148797339
Print Image

2550 W Lombard Street BALTIMORE, MD 21223

  • Price: $375,000
  • Status: Active Under Contract
  • On Site: 67 Days
  • Updated: 110 min ago
  • ID#: MDBA2118696
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
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 doorFeaturing Stainless steel appliances, Vinyl wood flooring and tan cabinets
Exterior Features

Architectural Style Other Construction Materials Other Garage YN No Parking Types Other Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Other Fireplace YN No Heating Other Heating YN Yes Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 802940785252 Ownership Interest Other Property Sub Type Other Sale Type Standard Sewer Other Structure Design Type Other Tax Annual Amount 566.00 Tax Lot 048 Vacation Rental YN No Water Source Other Zoning R-8

Listing courtesy of Midfield Realty: .


©2024 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 Arlington Realty, Inc.. 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: 2024-05-28T10:25:55.32.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802940785252-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802940785252-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802940785252-2.jpg
Logo
Arlington Realty, Inc.
701 23rd Street S
Arlington VA, 22202