1242 W Lombard St, Baltimore, MD 21223
FOR SALENEW CONSTRUCTION

1242 W Lombard St
Baltimore, MD 21223

Hollins Market
  • 4 Beds
  • 6 Baths
  • 3,800 sqft
  • 4 Beds
  • 6 Baths
  • 3,800 sqft

$675,000

Original price: $689,900
Est. Mortgage $4,498/mo*
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Local Information

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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.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$178
Listed
180+ days ago

Home Details for 1242 W Lombard St

Interior Features

Interior Details
Basement: Unfinished,Interior Entry,Connecting StairwayNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 6Number of Bathrooms (full): 4Number of Bathrooms (half): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 3800 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater
Heating & Cooling
Heating: Forced Air,Heat Pump,Electric,Natural GasHas CoolingAir Conditioning: Central A/C,Heat Pump,ElectricHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 120/240V, Single Phase
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: ThreeAccessibility: Other

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeFoundation: StoneNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3800 Square Feet

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1920Year Renovated: 2010
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Colonial
Building
Construction Materials: BrickIs a New Construction
Property Information
Condition: Very GoodParcel Number: 0318070233 026

Price & Status

Price
List Price: $675,000Price Per Sqft: $178
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: BaltimoreCommunity: Union Square
School Information
Elementary School District: Baltimore City Public SchoolsJr High / Middle School District: Baltimore City Public SchoolsHigh School District: Baltimore City Public Schools

Agent Information

Listing Agent
Listing ID: MDBA2090366

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 1500 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conventional, Other

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 2.5Sub Agency Commission Type: % Of Gross
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: MDBA2090366Municipality: Baltimore City
Last check for updates: 1 day ago
Listing courtesy of Pilar Ciaramello, (301) 706-6667
Carr Realtors, (301) 706-6667
Source: Bright MLS, MLS#MDBA2090366
Also Listed on Bright MLS.

Price History for 1242 W Lombard St

DatePriceEventSource
11/16/2023$675,000PriceChange
Bright MLS #MDBA2090368
09/16/2023$689,900PriceChange
Bright MLS #MDBA2090366
07/25/2023$699,900PriceChange
Bright MLS #MDBA2090366
06/24/2023$675,000Listed For SaleBright MLS #MDBA2090366
04/23/2007$137,500Sold
N/A
06/01/2000$103,848Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$3,068
Assessment$130,000
Home facts updated by county records

Comparable Sales for 1242 W Lombard St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
201 S Parrish St, Baltimore, MD
0.21
Single-Family Home
$145,000
05/12/23
3
2
4,000
310 N Gilmor St, Baltimore, MD
0.48
Single-Family Home
$265,000
12/18/23
4
2
1,800
103 Scott St, Baltimore, MD
0.49
Single-Family Home
$334,000
10/02/23
4
3
2,196

Neighborhood Overview

Hollins Market
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Hollins Market

  • Ms T. P.
    "this is somewhat divided, I can't say anything more positive. I don't want to live anywhere that certain individuals feel that they are better "
    2
    Flag
  • Alex
    "There is a big park for dogs to run and play. With lots of parking for the owners. Its a nice park for letting the dogs run free. "
    0
    Flag
  • Alexz627
    "Its close to downtown. In walking distance to the gym,grocery store and the bank. So easily accessible to the Inner Harbor. 295, 695 and 95 right here. "
    10
    Flag
  • josh h.
    "Hollins Market is an area that has so much culture, character and history. Its community involvement is far better than any I have ever seen. The area definitely has some rough edges but is an amazing community with great proximity to downtown and the Harbor."
    6
    Flag
  • Mitchell
    "I've watched this area go from a big run down to renovated and beginning to really thrive. Because it's close to Universities and parks as well as downtown, it's becoming popular & gentrified among young people and professionals."
    10
    Flag

LGBTQ Local Legal Protections

Pilar Ciaramello, Carr Realtors
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1242 W Lombard St, Baltimore, MD 21223 is a 4 bedroom, 6 bathroom, 3,800 sqft single-family home built in 1920. 1242 W Lombard St is located in Hollins Market, Baltimore. This property is currently available for sale and was listed by Bright MLS on Jun 24, 2023. The MLS # for this home is MLS# MDBA2090366.