New Construction
Address
1242 W Lombard Street, Baltimore, MD
Price
$ 675,000
Property Attributes
- MLS#MDBA2090366
- TypeSingle Family
- CountyBALTIMORE CITY
- CityBaltimore
- NeighborhoodUnion Square
- Zip21223
- StyleColonial
- Year Built1920
- Taxes$ 3068
- Price$ 675,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms2
- Sqr Footage3800
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property 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.
| Price History | |
|---|---|
| 6/24/2023 | Listed $675,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Heat Pump(s) |
| Cooling | Central A/C,Heat Pump(s) |
| Possession | Settlement |
| Zoning | R-8 |
| Pool Y/N | No Pool |
| Architectural Style | Colonial |
| Construction Materials | Brick |
| Year Built | 1920 |
| Electric | 120/240V,Single Phase |
| Levels | 3 |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Section | 07 |
| Accessibility | Other |
| County | BALTIMORE CITY |
| New Construction | Yes |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | UNION SQUARE |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | MLK to West on Lombard to 1242 on corner of Lombard and S. Carey |
| ModificationTimestamp | 2023-12-11T03:07:50 |
| City | BALTIMORE |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Owner RE Licensee,Prop Disclosure,Agent has Financial Interest,Agent Related to Owner,Historic Property |
| Senior Community Y/N | No |
| Lot Size Square Feet | 1500.00 |
| Tax Assessed Value | 130000.0 |
| Waterfront Y/N | No |
| Street Name | LOMBARD |
| Tax Annual Amount | 3068.0 |
| Property Condition | Very Good |
| Structure Type | Detached |
| Condo/Coop Association Y/N | No |
| Bathrooms Count Main Level | 2.00 |
| Price Per Sq Ft | 177.63 |
| Acceptable Financing | Cash,Conventional,Other |
| Construction Completed Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 4600 |
| Days on Market | 312 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Ward 18 |
| Tax Lot | 026 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric,Natural Gas |
|---|---|
| Basement | Unfinished,Interior Access,Connecting Stairway |
| Hot Water | Electric |
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Above Grade Finished Area | 3800 |
| Full Baths | 4 |
| Half Baths | 2 |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| Total Bedrooms | 4 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Estimated |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT | 800 |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 4 |
| Bedrooms Count Upper Level 1 | 2 |
| Bedrooms Count Upper Level 2 | 2 |
| Bathrooms Half Main Level | 2 |
| Bathrooms Full Upper Level 2 | 2 |
| Bathrooms Full Upper Level 1 | 2 |
| Bathrooms Full All Upper Levels | 4 |
| Bathrooms Count Upper Level 2 | 2.00 |
| Bathrooms Count Upper Level 1 | 2.00 |
| Bathrooms Count All Upper Levels | 4 |
| Above Grade Finished Area Source | Estimated |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 6 |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Land Use Code | R |
| Foundation Details | Stone |
| Water View Y/N | No |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 30000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 21223
Price
Taxes
Visits
Year Built
Walkscore
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