About 2550 W Lombard St
Positioned in a burgeoning area of Baltimore and with the combination of renovated apartments and its proximity to business centers and downtown suggests a strong potential for rental income growth. Comprising 5 renovated apartments spread across two lots, this property stands out for its promising Pro Forma 21% Cash-on-Cash (COC) return, showcasing its robust financial performance. Prime investment opportunity in Baltimore's growing district. Five renovated apartments across two lots. Potential for 21% Cash-on-Cash return. Includes spacious grass area enhancing property appeal. Great entry price of 75K a door Featuring Stainless steel appliances, Vinyl wood flooring and tan cabinets
Features of 2550 W Lombard St
| MLS® # | MDBA2118696 |
|---|---|
| Price | $375,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1900 |
| Type | Multi-Family |
| Sub-Type | Other, Other |
| Style | Other |
| Status | Active |
Community Information
| Address | 2550 W Lombard St |
|---|---|
| City | BALTIMORE |
| County | BALTIMORE CITY-MD |
| State | MD |
| Zip Code | 21223 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Other |
|---|---|
| Cooling | Other |
| Has Basement | No |
| Fireplace | No |
School Information
| District | BALTIMORE CITY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | March 21st, 2024 |
|---|---|
| Days on Market | 43 |
| Zoning | R-8 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Listing Agent | Menachem Dalfin |
|---|---|
| Listing Office | Midfield Realty |
| Listing Office Phone | 4104985408 |