1242 W Lombard St Baltimore, MD 21223
Hollins Market NeighborhoodEstimated payment $3,316/month
Total Views
41,253
4
Beds
6
Baths
3,640
Sq Ft
$151
Price per Sq Ft
Highlights
- Colonial Architecture
- Forced Air Heating System
- 3-minute walk to Union Square Park
- No HOA
- Property is in very good condition
About This Home
This building is a great buy with excellent return for your investment. Building was renovated in 2010. This property would be excellent for an 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. Restaurant could be rented for $3000 per month. Second floor with 2BD/1BA unit rented for $1250 per month. Second floor also has office/efficiency with full bathroom rented for $600 per month. Third floor with 2BD/2BA unit rented for $1160 per month. All units individually metered for electric. Tenants pay for their own utilities except water. Both apartments 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. Building sold As-Is. Showings on Sundays only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,343
Year Built
- Built in 1920 | Remodeled in 2010
Lot Details
- 1,500 Sq Ft Lot
- Property is in very good condition
- Property is zoned R-8
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- Property has 3 Levels
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Forced Air Heating System
- Heat Pump System
- Single-Phase Power
- 120/240V
- Electric Water Heater
Community Details
- No Home Owners Association
- Union Square Subdivision
Listing and Financial Details
- Tax Lot 026
- Assessor Parcel Number 0318070233 026
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,327 | $153,333 | -- | -- |
| 2024 | $3,327 | $141,667 | $0 | $0 |
| 2023 | $3,068 | $130,000 | $30,000 | $100,000 |
| 2022 | $3,029 | $128,333 | $0 | $0 |
| 2021 | $2,989 | $126,667 | $0 | $0 |
| 2020 | $2,950 | $125,000 | $30,000 | $95,000 |
| 2019 | $140 | $125,000 | $30,000 | $95,000 |
| 2018 | $140 | $125,000 | $30,000 | $95,000 |
| 2017 | $373 | $220,000 | $0 | $0 |
| 2016 | $416 | $220,000 | $0 | $0 |
| 2015 | $416 | $220,000 | $0 | $0 |
| 2014 | $416 | $220,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Price Changed | $549,900 | -8.3% | $151 / Sq Ft |
| 01/20/2025 01/20/25 | For Sale | $599,900 | -- | $165 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $137,500 | -- | |
| Deed | $103,848 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $290,000 | Balloon |
Source: Public Records
Similar Homes in the area
Source: Bright MLS
MLS Number: MDBA2153408
APN: 0233-026
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