$599,900

1242 W Lombard St Baltimore, MD 21223

$7,124
Closing credit¹
4 beds
4 full, 2 partial
3,640 sqft
0.03 acres
$165 / sqft
House

Property details

About 1242 W Lombard St

This building is a 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 acquire new tenant for restaurant space. Restaurant could be rented for $3000 per month. Second floor with 2BD/1BA unit could be rented rented for $1200 per month. Second floor also has office/efficiency with full bathroom rented for $600 per month. Third floor with 2BD/2BA unit rented for $1030 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

Home typeSingle Family Residence
HeatingForced Air, Heat Pump
StatusActive
(ACTIVE)
CoolingHeat Pump
Size3,640 sqft
BasementYes
Lot size0.03 Acres
Year built1920
ParkingOn Street
MLS #MDBA2153408

Summary

  • MLS Number: MDBA2153408
  • 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

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$599,900

1242 W Lombard St

$7,124

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 23, 2007
Home Sold
$137,500
Jun 01, 2000
Home Sold
$50,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,005. Typical income of Baltimore, MD residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

49%
<35k
43%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
21%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
31%
18-34 yrs old
42%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • IKEAIKEA

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • QuiznosQuiznos

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • LexusLexus

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1242 W Lombard St

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: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $599,900.

In February 2025, from all listings sold in Baltimore, MD there were more than 185 sold above asking price, over 189 sold below and more than 118 were sold right at the asked price. Between January and February 2025, Baltimore, MD real estate market has seen increase in the number of listings by 10.3%. While the average time on the market in February 2025 was 51 days, the median list price was $230,281.

From Rocket Homes Real Estate and based on county public records data.

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