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Listed by Larry E Cooper • Alex Cooper Auctioneers, Inc.
$150,000
Est. payment /mo
New
2550 W LOMBARD ST Baltimore, MD 21223
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2170774
Year Built 1900
Annual Tax Amount $2,108
Tax Year 2024
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, June 19th and ends Tuesday, June 24, 2025 at 1:30PM. An opportunity to purchase a 5 unit apartment building. Layout: 4 units are located on the 3-levels in the main building and 1 unit in the detached carriage house, in the back right side of the property. There were many updates in 2024-2025 including flooring, kitchens, bathrooms, walls and more. The building is rent ready with a Baltimore City Rental License allowing for 5 units. Currently, Unit 2 is leased to a Section 8 tenant for $1,239/month on a 2-year lease, while the remaining 4 units are vacant and ready for new tenants. Unit Breakdown: Unit 1 (Main Level) - 1 bedroom, a full bath, bonus room, living area and kitchen. Unit 1F (Main Level) - Studio apartment with 2 rooms, a full bath and kitchen. Accessible via an exterior door on the back right side, marked with a "1." Unit 1E (Detached Casita) – Located at the rear of the property, featuring 1 bedroom, 1 full bath, living/dining area, kitchen, front porch, fenced front yard, and small backyard. Unit 2 (2nd Level) – 2 bedrooms, 1 full bath, bonus room, living/dining area, kitchen, and a covered balcony. (Currently rented for $1,239/month, Section 8, 2-year lease.) Unit 3 (3rd Level) – Located on the 3rd level setup as a studio apartment with a full bath, kitchen and a room with a divided wall. There are 2 entrance doors in the outside hallway into the unit.
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0320062175 048
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Auction
