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Key Details
Sold Price $92,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Franklintown Historic District
MLS Listing ID MDBA2117672
Sold Date 06/28/24
Style Colonial
Bedrooms 3
Full Baths 2
HOA Y/N N
Originating Board BRIGHT
Year Built 1942
Annual Tax Amount $1,303
Tax Year 2023
Lot Size 963 Sqft
Acres 0.02
Property Description
Welcome to 2533 W Lombard Street, Baltimore, MD, a great investment opportunity in the heart of the city. This property has a steady cashflow with a tenant already in place. The current lease, extending until March 2025, has a monthly rent of $1,500, with a 3% yearly escalation, ensuring a consistent cash flow. Additionally, tenants are responsible for covering all utilities, further enhancing your returns. Whether you're a seasoned investor or just starting out, this property offers a low-risk, high-reward opportunity. Don't miss your chance to add this income-generating asset to your portfolio. Schedule a viewing today!
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Unfinished
Main Level Bedrooms 1
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Brick/Mortar, Block, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0320062176 025
Ownership Ground Rent
SqFt Source Estimated
Special Listing Condition Standard
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Bought with NON MEMBER • Non Subscribing Office
"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "