2550 W Lombard St Baltimore, MD 21223

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Address: 2550 W Lombard St Baltimore, MD 21223
Created date: March 22, 2024
Date last updated: April 12, 2024

Property Description

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 doorFeaturing Stainless steel appliances, Vinyl wood flooring and tan cabinets

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Multifamily type: Apartments
Price: $375,000
No. of Units: 5
Lot Size: 6.00 Sq ft
Opportunity Zone: No
Price per unit: $75,000
Property Website Click Here
Address: 2550 W Lombard St Baltimore, MD 21223, Baltimore, MD 21223, USA
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