Baltimore, MD 21223,2550 W LOMBARD ST
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Baltimore, MD 21223,2550 W LOMBARD ST
Baltimore, MD 21223,2550 W LOMBARD ST
Baltimore, MD 21223,2550 W LOMBARD ST
Baltimore, MD 21223,2550 W LOMBARD ST

$257,500

Est. payment /mo

$375,000

31.3%
Est.Price: ?

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2550 W LOMBARD ST Baltimore, MD 21223

SOLD DATE : 06/15/2024

Key Details

Sold Price $257,500

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MDBA2118696

Sold Date 06/15/24

Style Other

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $566

Tax Year 2023

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 door

Featuring Stainless steel appliances, Vinyl wood flooring and tan cabinets

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Other

Heating Other

Cooling Other

Fireplace N

Heat Source Other

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Other

Water Other

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0320062175 048

Ownership Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Menachem M. Dalfin • Midfield Realty
Bought with NON MEMBER • Non Subscribing Office

Jan Crowley

License ID: 660313

+1(443) 538-4326

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