#MDBA2167626, Michael Aaron DeMaio, Listing office: Redfin Corp
Property details
About 1242 W Lombard St
This building is a great buy with excellent return for your investment. Building was renovated in 2010. This property would be excellent for an 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. Restaurant could be rented for $3000 per month. Second floor with 2BD/1BA unit rented for $1250 per month. Second floor also has office/efficiency with full bathroom rented for $600 per month. Third floor with 2BD/2BA unit rented for $1160 per month. All units individually metered for electric. Tenants pay for their own utilities except water. Both apartments 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. Building sold As-Is. Showings on Sundays only.
Highlights
(ACTIVE)
Summary
- Basement: Yes
- Parking: On Street
- Exterior: Fire Escape, Sidewalks, Street Lights
- Architectural Style: Colonial
- Heating: Forced Air, Heat Pump
- Cooling: Heat Pump
- List Price: $549,900
- Price/SqFt: $151
- Annual Tax Amount: $3,068
- Tax Year: 2024
- Directions: MLK to West on Lombard to 1242 on corner of Lombard and S. Carey
- Year Built: 1920
- Living Area: 3,640 SqFt
- Municipality: Baltimore City
- Lot Size: 0.03 Acres
- MLS Number: MDBA2153410
- MLS Name: BRIGHT
- Office Name: Carr Realtors
- Office Phone: (301) 706-6667
- Office Email: pilarcarr1@gmail.com
- Listing Agent: Pilar F Ciaramello
- Agent Phone: (301) 706-6667
- Agent Email: pilarcarr1@gmail.com
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 23, 2007 | Home Sold | $137,500 |
Jun 01, 2000 | Home Sold | $50,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $141,667 | $3,068 |
2023 | $130,000 | $3,068 |
2022 | $128,333 | $3,028 |
2021 | $126,667 | $2,950 |
2020 | $125,000 | $2,950 |
2019 | $125,000 | $140 |
2018 | $125,000 | $140 |
2017 | $220,000 | $372 |
History based on county public records data.
Nearby schools
2
Steuart Hill Academic Academy
Public District PK-5
0.3 mi
•30 S Gilmor St
6
Charles Carroll Barrister Elementary School
Public District PK-5
0.5 mi
•1327 Washington Blvd
3
George Washington Elementary School
Public District PK-5
0.6 mi
•800 Scott St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,005. Most Baltimore, MD residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 1242 W Lombard St
The listing price of 1242 W Lombard St property is $549,900.
The property 1242 W Lombard St is a house located in Baltimore, Maryland, 21223.
Active Listing: 1242 W Lombard St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1242 W Lombard St are: Steuart Hill Academic Academy (GreatSchools Rating 2/10), Charles Carroll Barrister Elementary School (GreatSchools Rating 6/10), George Washington Elementary School (GreatSchools Rating 3/10), James McHenry Elementary School (GreatSchools Rating 2/10), Southwest Baltimore Charter School (GreatSchools Rating 2/10), Franklin Square Elementary/Middle School (GreatSchools Rating 4/10), Vivien T. Thomas Medical Arts Academy (GreatSchools Rating 2/10), Augusta Fells Savage Institute of Visual Arts (GreatSchools Rating 1/10), Bluford Drew Jemison STEM Academy West (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $3,068 (source: MLS/based on county public records data).
The last sale was on April 23, 2007 for $137,500 (source: MLS/tax record).
The property at 1242 W Lombard St has 0 bathroom.
The property 1242 W Lombard St is 3,640 SqFt (source: MLS/tax record).
The year of construction for 1242 W Lombard St is 1920.
This home is located at 1242 W Lombard St in Baltimore, MD and zip code 21223 in the Southwest neighborhood. This 3,640 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $549,900.
The number of listings in Baltimore, MD increased by 48.7% between May and June 2025. Listings spent 74 days on the market in June 2025, and had a median list price of $235,432 during the same period.