$150,000

2550 W LOMBARD STREET, Baltimore, MD 21223

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 days ago

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.

Listing Status:
Active
Date Added:
June 9, 2025 at 05:00AM
Listing Office:
Alex Cooper Auctioneers, Inc. : 4108284838
Listing Agent:
Larry E Cooper : 4109774708
MLS ID:
MDBA2170774
  • A/C: Other
  • Heating: YOtherOther
  • Disability Feature: None

This listing courtesy of Larry E Cooper, Alex Cooper Auctioneers, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Frederick Elementary School

2501 Frederick Ave, Baltimore, MD, 21223

Grades PK-5

0.26 miles away

G

Green Street Academy

125 N Hilton St, Baltimore, MD, 21229

Grades 6-12

0.74 miles away

G

Green Street Academy

125 N Hilton St, Baltimore, MD, 21229

Grades 6-12

0.74 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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