$146.74 Per Sq Foot $3,624 est/mo Sourced by Back At You

1242 W Lombard St,Baltimore, MD 21223

Baltimore MD, 21223

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Description

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.

Details

MLS#MDBA2090352
Listing TypeFor Sale
Sub-TypeNew Construction
StatusActive
Year1920
Days On Site393
Listing Provided ByCarr Realtors | Pilar F Ciaramello
Buying Commision2.5% Of

Features

SQ Feet4,600
ZoningR-8
Acreage0.03

Market Activity 21223

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Listings Checked: 3 minutes ago
StateMD
CountyBaltimore City
CityBaltimore
Zip Code21223
Community NameUnion Square
School DistrictBaltimore City Public Schools
Listing VS Median (in Union Square)
Price:
$675,000
low | high
Med:
$334,900
100% of Average
SqFt:
4,600
low | high
Med:
3,145
81.630434782609% of Average
$ / SqFt:
$147
low | high
Med:
$106
77.431431431431% of Average
On Site:
393
low | high
Med:
424.000000
92.688679245283% of Average
Sourced by Back At You
Listing Updated: May 31, 2024 at 11:00:12 AM PDT