3718 E LOMBARD ST new to site Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21224
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
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
HOA Y/N N
Abv Grd Liv Area 1,120
Originating Board BRIGHT
Year Built 1904
Annual Tax Amount $2,088
Tax Year 2024
Lot Size 700 Sqft
Acres 0.02
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
Rooms
Basement Unfinished
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
Fireplace N
Appliance Built-In Microwave,Oven - Single,Dishwasher,Refrigerator,Stainless Steel Appliances,Dryer,Washer
Heat Source Natural Gas
Laundry Main Floor,Washer In Unit,Dryer In Unit
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0326156278 039
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard