$675,000
Active
80 Days Online
0 Beds0 Baths0 SQFT
Active

1242 W Lombard Street Baltimore, MD 21223

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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.

  • Property TypeCommercial
  • NeighborhoodUnion Square
  • CountyBaltimore City
  • Taxes$3,068
  • HOA/Condo/Coop Fees$0
  • Days on Site80 Days
  • MLS StatusActive
  • MLS ID NumberMDBA2090352
  • Home Size Source Estimated
  • Year Built1920
  • Lot Size0.03 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Parking On Street
  • Sewer Public Sewer
  • Number of Stories 3
  • Acreage 0.03
  • Water Public
  • Property Sub Type Mixed Use
  • Attached Garage No
  • Zoning R-8

Interior Features

  • Cooling Central A/ CHeat Pump(s)Electric
  • Heating Forced AirHeat Pump(s)ElectricNatural Gas
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No

Schools

School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$3,575
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