2550 W Lombard Street Baltimore, MD $ 375,000
2550 W Lombard Street
$ 375,000
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2550 W Lombard Street

Baltimore, MD, 21223
$ 375,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,619

2550 W Lombard Street, Baltimore, MD 21223 - Image 1
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2550 W Lombard Street, Baltimore, MD 21223 - Image 9
2550 W Lombard Street, Baltimore, MD 21223 - Image 10
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2550 W Lombard Street, Baltimore, MD 21223 - Image 17

Multi-Family Home for sale in Baltimore, MD

for $375,000 with 5 bedrooms. This home was built in 1900.

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

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Multi-Family Contingent

Price

$ 375,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 566

Style

Year Built

1900

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2118696

Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N N
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General
Sewer Other
Heating Other
Cooling Other
Possession 0-30 Days CD
Zoning R-8
Architectural Style Other
Construction Materials Other
Year Built 1900
Property SubType Other
Tax Year 2023
Percent Ownership Other
Cool Fuel Other
Municipality Baltimore City
Section 06
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE UNDER CONTRACT
Directions Please use GPS
City BALTIMORE
Buyer Agent Compensation 2.5
Total Units 1
Waterfront Y/N N
Street Name LOMBARD
Tax Annual Amount 566.0
Two Bedroom 1
Structure Type Other
Vacation Rental Y/N N
Days on Market 51
Standard Status Active Under Contract
Year Built Source Assessor
Legal Subdivision Ward 20
Tax Lot 048
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Other
Type of Parking Other
Water View Y/N N
Land Assessed Value 5000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2550
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* Excluded Features
List By
Midfield Realty

Broker

yaakov@midfieldre.com

Email

Affordability Calculator

$2,667
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,619
Monthly Property Taxes
$47
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2024$375,000 Listed Price

Map


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2550 W Lombard Street, Baltimore, MD, 21223 is a Multi-Family Home for sale at $375,000. 2550 W Lombard Street has 5 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 21223 which is in Baltimore, MD