#MDBA2155652, Tonya R Keener, Listing Office: Century 21 Core Partners
1242 W Lombard St Baltimore, MD 21223
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
(ACTIVE)
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
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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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$599,900
1242 W Lombard St
$7,124
closing credit¹
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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. 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.
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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.