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    1433 W Lombard Street

    BALTIMORE, MD 21223
    • $435,000
    • STATUS: Active Under Contract
    • ON SITE: 111 Days
    • ID#: MDBA2002386
    Under Contract
    UPDATED: 29 min ago
    $435,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,510
      SQFT
    • $124
      $/SQFT
    Type:
    Multi-Family
    Built:
    1880
    County:

    School Ratings & Info

    Description

    What makes this Union Square multi family apartment building special:Great opportunity to own a fully leased 4 unit apartment building that underwent a complete renovation in 2013 and is situated across the street from historic Union Square Park. Located less than a mile from Camden Yards, this 4 unit investment property offers solid cash flow with a 13.8% cash on cash return.Apartment Property DetailsThe unit mix is: 1 two bedroom/one bath and 3 one bedroom/one bath apartments. All kitchens have a 24+G- stainless steel sink, 30+G- electric range with built in microwave, refrigerator, laminate countertops and wooden cabinets. The spacious 1st floor two bedroom apartment offers an in unit washer/dryer and is complimented by a rear deck. The 3 remaining apartments utilize a coin operated washer/dryer conveniently located in the first floor hall. The 2nd floor rear apartment is a two-story unit with a rear deck and a spiral stair leading to a loft bedroom. All bathrooms have modern vanities and tub/shower with ceramic tile surround.Who Pays Which Utilities:The physical plant is in good shape! Completely renovated in 2013, 1433 W. Lombard offers a chance to own a low maintenance, easy to manage property. This is an electric building with new (2013) service. Each apartment is separately metered with electric panel in unit allowing the tenants to pay their own utilities. All units have a (2013) separate heat pump with central air conditioning and separate 40 gallon water heaters. All the plumbing is new along with a new rubber roof. The building is Limited Lead Free per MDE standards. Once this certificate is issued, no additional interior inspections are needed. Exterior and common areas must be checked for defective lead-based paint every two years with a visual inspection.What+GGs Nearby:1433 W. Lombard is located across from historic Union Square Park. Nineteenth and 20th-century rowhomes surround the neighborhood+GGs namesake main square center. The neighborhood is also home to several art galleries, artist studios and a bed and breakfast. 1433 West Lombard Street has a Walk Score of 92 out of 100. This location is a walker+GGs paradise so daily errands do not require a car. The location is minutes from the University of Maryland medical campus with its 5 graduate schools, Camden Yards and M&T Bank stadium are minutes away as well.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Sales Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-19T20:50:36.797.
    www.suresalesgroup.com/homes/118839000
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    1433 W Lombard Street BALTIMORE, MD 21223

    • Price: $435,000
    • Status: Active Under Contract
    • Updated: 29 min ago
    • ID#: MDBA2002386
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,510
    SQFT
    $124
    $/SQFT
    1880
    Built
    County:
    Baltimore City
    School District:
    Baltimore City Public Schools
    Property Description
    What makes this Union Square multi family apartment building special:Great opportunity to own a fully leased 4 unit apartment building that underwent a complete renovation in 2013 and is situated across the street from historic Union Square Park. Located less than a mile from Camden Yards, this 4 unit investment property offers solid cash flow with a 13.8% cash on cash return.Apartment Property DetailsThe unit mix is: 1 two bedroom/one bath and 3 one bedroom/one bath apartments. All kitchens have a 24+G- stainless steel sink, 30+G- electric range with built in microwave, refrigerator, laminate countertops and wooden cabinets. The spacious 1st floor two bedroom apartment offers an in unit washer/dryer and is complimented by a rear deck. The 3 remaining apartments utilize a coin operated washer/dryer conveniently located in the first floor hall. The 2nd floor rear apartment is a two-story unit with a rear deck and a spiral stair leading to a loft bedroom. All bathrooms have modern vanities and tub/shower with ceramic tile surround.Who Pays Which Utilities:The physical plant is in good shape! Completely renovated in 2013, 1433 W. Lombard offers a chance to own a low maintenance, easy to manage property. This is an electric building with new (2013) service. Each apartment is separately metered with electric panel in unit allowing the tenants to pay their own utilities. All units have a (2013) separate heat pump with central air conditioning and separate 40 gallon water heaters. All the plumbing is new along with a new rubber roof. The building is Limited Lead Free per MDE standards. Once this certificate is issued, no additional interior inspections are needed. Exterior and common areas must be checked for defective lead-based paint every two years with a visual inspection.What+GGs Nearby:1433 W. Lombard is located across from historic Union Square Park. Nineteenth and 20th-century rowhomes surround the neighborhood+GGs namesake main square center. The neighborhood is also home to several art galleries, artist studios and a bed and breakfast. 1433 West Lombard Street has a Walk Score of 92 out of 100. This location is a walker+GGs paradise so daily errands do not require a car. The location is minutes from the University of Maryland medical campus with its 5 graduate schools, Camden Yards and M&T Bank stadium are minutes away as well.
    Exterior Features

    Architectural Style Federal Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types None Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3510 Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 800809712980 Ownership Interest Fee Simple Possession 31-60 Days Cd Property Sub Type Quadruplex Sale Type Standard Section 12 Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 4703.00 Tax Assessment Amount 230267.00 Tax Lot 014 Vacation Rental YN No Water Source Public Zoning R-8

    Listing courtesy of Ben Frederick Realty, Inc..


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Sales Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-19T20:50:36.797.
     
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    SURE Sales Group | Berkshire Hathaway Home Services Homesale Realty
    3500 Boston Street
    Baltimore MD, 21224