- For Sale $375,000
- Property Type Other
- Property Size 6,936 SF
- Units 5
- Date Updated Apr 24, 2024
- Website 2550wlombardstbaltimoremd21223.sharplaunch.com
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
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Reach out to the broker for more info on lease terms and amenities
Attachments
False
Location
Getting Around
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Walk Score ®
56/100
Somewhat Walkable
-
Transit Score ®
63/100
Good Transit
-
Bike Score ®
36/100
Somewhat Bikeable
- City Baltimore, MD
- Neighborhood Carroll - South Hilton
- Zip Code 21223
- Market Baltimore
Points of Interest
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West Baltimore
1.09 miles
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Upton
2.28 miles
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Penn–North
2.31 miles
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Mondawmin
2.48 miles
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Westport
2.58 miles
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Lexington Market
2.68 miles
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Camden Station
2.70 miles
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Camden Street
2.72 miles
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Convention Center
2.72 miles
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Hamburg Street
2.72 miles
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Marathon
0.16 miles
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Crown
0.70 miles
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Marathon
0.72 miles
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7-Eleven
0.73 miles
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Carroll Motor Fuels
0.74 miles
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Citgo
0.83 miles
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Royal Farms
1.05 miles
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Shell
1.40 miles
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Royal Farms
1.61 miles
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BP
1.63 miles
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Village Baptist Church Parking Lot
0.10 miles
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Lot D
0.81 miles
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Lot E
0.86 miles
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Lot F
0.89 miles
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Lot B
0.91 miles
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Lot A
0.96 miles
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Lot C
0.98 miles
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Lot J
0.99 miles
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Lot H
1.01 miles
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Lot I
1.01 miles
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Holiday Inn Express
2.37 miles
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Hampton Inn
2.52 miles
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Fayette Square
2.55 miles
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Beltway Motel
2.61 miles
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Baltimore Marriott Inner Harbor Camden Yards
2.62 miles
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Hilton Baltimore
2.64 miles
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La Quinta
2.76 miles
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Days Inn
2.80 miles
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La Quinta Inn & Suites by Wyndham Baltimore Downtown
2.84 miles
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Biltmore Suites Hotel - Main Building
2.90 miles
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McDonald's
0.29 miles
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Subway
0.72 miles
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Checkers
0.85 miles
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Spirits West Country Club
0.86 miles
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Wendy's
0.87 miles
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Great Taste
0.87 miles
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Kibby's
0.88 miles
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KFC
0.91 miles
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McDonald's
0.93 miles
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McDonald's
1.14 miles
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Unselds Elementary School
0.20 miles
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Sarah M Roach Elementary School
0.25 miles
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The SEED School of Maryland
0.32 miles
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Saint Josephs School
0.38 miles
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Academy of Success
0.46 miles
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Mary E Rodman Elementary School
0.63 miles
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Frederick Elementary School
0.75 miles
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Saint Bernardines School
0.87 miles
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Alexander Hamilton Elementary School
0.91 miles
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Lyndhurst Elementary School
0.98 miles
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Children of Victory Learning Center
0.20 miles
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Downtown Baltimore Child Care, Inc.
2.47 miles
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Bolton Hill Nursery
2.90 miles
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Charles Plaza Child Care & Development
3.00 miles
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All My Children Child Care Center
3.28 miles
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Homewood Early Learning Center
3.78 miles
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Kiddie Academy
4.05 miles
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The New Rogers Avenue Day Nursery
4.12 miles
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Saint Vincent de Paul Head Start
4.16 miles
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Little Darlings Childcare Learning Center
4.25 miles
Frequently Asked Questions
What is the lease rate for 2550 W Lombard St Baltimore, MD 21223?
Rental asking rate at 2550 W Lombard St Baltimore, MD 21223 is $187,500.00/YR.
What is the total square footage of 2550 W Lombard St Baltimore, MD 21223?
2550 W Lombard St Baltimore, MD 21223 totals 6,936 square feet.
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