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Marjorie Dick Stuart

  • Cell 240-731-8079
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1242 W Lombard St, BALTIMORE, MD – $675,000

  • $675k Price
  • 3,800 Sqft
  • .03 Acres
  • 400 DOM
  • $675k Price
  • 3,800 Sqft
  • .03 Acres
  • 400 DOM

1242 W Lombard St

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.

Essential Information

  • MLS® #MDBA2090368
  • Price$675,000
  • Bathrooms0.00
  • Square Footage3,800
  • Acres0.03
  • Year Built1920
  • TypeMulti-Family
  • Sub-TypeOther, Detached
  • StyleColonial
  • StatusActive

Community Information

  • Address1242 W Lombard St
  • SubdivisionUNION SQUARE
  • CityBALTIMORE
  • CountyBALTIMORE CITY-MD
  • StateMD
  • MunicipalityBaltimore City
  • Zip Code21223

Interior

  • HeatingForced Air, Heat Pump(s)
  • CoolingCentral A/C, Heat Pump(s)
  • Has BasementYes
  • # of Stories3

Basement

Connecting Stairway, Interior Access, Unfinished

Exterior

  • ExteriorBrick and Siding
  • FoundationStone

Exterior Features

Fire Escape, Sidewalks, Street Lights

School Information

  • DistrictBALTIMORE CITY PUBLIC SCHOOLS

Additional Information

  • Date ListedJune 24th, 2023
  • Days on Market400
  • ZoningR-8

Listing Details

  • OfficeCarr Realtors
  • Office Contact(301) 706-6667
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Price Change History for 1242 W Lombard St, BALTIMORE, MD (MLS® #MDBA2090368)

Date Details Price Change
Price Reduced $675,000 $14,900 (2.16%)
Price Reduced $689,900 $10,000 (1.43%)
Price Increased (from $675,000) $699,900 $24,900 (3.69%)

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Listing information last updated on July 27th, 2024 at 3:33am CDT.