3705 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 1,204 sqft
Price per Sqft $116
Subdivision Highlandtown
MLS Listing ID MDBA2143856
Style Colonial
Bedrooms 3
Full Baths 2
Year Built 1920
Annual Tax Amount $2,399
Tax Year 2024
Lot Size 980 Sqft
Property Description
Turnkey 2-UNIT Investor Opportunity in Highlandtown! One of ten properties that is being sold! Please read full remarks in regards to packaged sale of portfolio. ARV $150-160K. GR $21,000
Unit A* Main floor 2 Bed 1 Bath. Tenants have been in place since 07/30/2020 w/ no rent increase. Current rent $650. Market rent $1000-1100.
Unit B* 2nd Floor 1 Bed 1 Bath. Updated kitchen with granite countertops and matching appliances. Updated bathroom. Oversized bedroom. Current rent $1100. (Photos unavailable for unit B, will update as soon as I have access.)
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
342 Imla st 21224 - 3bed/1bath - $145k, 3718 E Lombard st 21224 - 3bed/1bath - $130k, 3705 E Lombard st- 21224 Unit A - 2bed/1bath - Unit B- 1bed/1bath - $140k, 3908 Claremont st 21224 - 3bed/2bath - $130k, 3627 Pulaski Hwy21224 - 3bed/1bath - $100k, 1134 Montpelier st 21218 - 3bed/1bath - $125k, 3325 E Monument st 21205 - 3bed/1bed - $100k, 1320 James st 21223 - 3bed/1bath - $130k, 4126 Doris Ave 21225 - 3bed/1bath - $100k, 4147 Doris Ave 21225 - 3bed/1bath - $100k
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Natural Gas
Heating Central,Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Tile,Luxury Vinyl Plank,Wood,Ceramic Tile
Equipment Microwave,Refrigerator
Exterior
Utilities Available Cable TV
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