3718 E LOMBARD ST Coming Soon Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21224
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $116
Subdivision Highlandtown
MLS Listing ID MDBA2143832
Style Other
Bedrooms 3
Full Baths 1
Year Built 1904
Annual Tax Amount $2,088
Tax Year 2024
Lot Size 700 Sqft
Property Description
Turnkey Investor Opportunity in Highlandtown! One of ten properties that is being sold! Please read full remarks in regards to packaged sale of portfolio. Updated and rehabbed in 2016 to ensure low maintenance costs. Updated flooring throughout! Fully remodeled Kitchen w/ stainless steal appliances and full bathroom. Main floor washer and dryer room! Central a/c and heat!
Tenants have been in place since 2021 with no increases in rent. Current rent $1360. Markert rent $1500-$1600. ARV $135K-$140K. GR $16,320
Seller would prefer to sell all units together. All offers will be considered. Showings only available upon ratified contract.
Portfolio Sales Price $1,200,000.00
ARV $1,300,000.00
10 units / 11 doors
Gross scheduled income- $180,360.00
NOI- $120,664.04
Cap Rate 10.06
Portfolio Includes:
342 Imla st 21224 - 3bed/1bath - $145k
3718 E Lombard st 21224 - 3bed/1bath - $130k
3705 E Lombard st- 21224 Unit A - 2bed/1bath - $140k
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Carpet,Luxury Vinyl Plank,Luxury Vinyl Tile
Equipment Built-In Microwave,Oven - Single,Dishwasher,Refrigerator,Stainless Steel Appliances,Dryer,Washer
Laundry Main Floor,Washer In Unit,Dryer In Unit
Exterior
Waterfront N
Water Access N
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Special Listing Condition Standard