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Image 1 - 1242 W Lombard St, Baltimore, Maryland, 21223 - House for sale

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Home For Sale In Baltimore, Maryland

1242 W Lombard St, Baltimore, Maryland, 21223

Home For Sale In Baltimore, Maryland

house for sale

Listed: 01/17/24

1242 W Lombard St, Baltimore, Maryland, 21223

4 Bed:

3,800 Sq Ft Living Area:

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Price

$ 675,000

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About This House

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 conveysAS-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 with2BD/1BAunit rented for $1080 per month. Second floor also has office/efficiency with full bathroom rented for $500 per month. Third floor with2BD/2BAunit rented for $1030 per month. All units … Full description

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Hollins Market Housing & Living

Household Income

Median household income: $51,000

Number of households: 237,204

The average household income in Baltimore, MD grew from $47,131 to $51,000 in the past year. This data is an estimate based upon 237,204 households in Baltimore, MD.
The chart below presents how household income is distributed in Baltimore, MD in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Baltimore, MD compared to median property taxes around the country. The prevalent amount of property taxes in Baltimore, MD equals $3k+ , which is more than the national average.