$675,000 Est. $2,401 / mo.*

1242 W Lombard Street Baltimore , MD 21223

Courtesy of Pilar F Ciaramello, Carr Realtors

Description

4 Beds
4 full, 2 half Baths
3,800 Sqft
1,306 Sqft lot
0.03 Acre lot
Status: Active
Property Type: Single Family Residential
Year Built: 1920
Neighborhood: Union Square
Days on Website: 326
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 have their own Corporation/LLC. New owner will need to apply for new licenses in the name of their new business. Rented to owner for $3000 per month. Second floor with 2BD/1BA unit rented for $1080 per month. Second floor also has office/efficiency with full bathroom rented for $500 per month. Third floor with 2BD/2BA unit rented for $1030 per month. All units individually metered. Tenants pay for their own utilities except water. Both apartment 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.

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John Maranto

410 823 0033 443 564 0952
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