3718 E Lombard Street, BALTIMORE, MD

3718 E Lombard Street, BALTIMORE, MD, USA

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3

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1

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336 m2

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Maryland

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Turnkey Investor Opportunity in Highlandtown! One of ten properties that is being sold! Please read full remarks in regards to packaged sale of portfolio. Updated and rehabbed in 2016 to ensure low maintenance costs. Updated flooring throughout! Fully remodeled Kitchen w/ stainless steal appliances and full bathroom. Main floor washer and dryer room! Central a/c and heat! Tenants have been in place since 2021 with no increases in rent. Current rent $1360. Markert rent $1500-$1600. ARV $135K-$140K. GR $16,320 Seller would prefer to sell all units together. All offers will be considered. Showings only available upon ratified contract. Portfolio Sales Price $1,200,000.00 ARV $1,300,000.00 10 units / 11 doors Gross scheduled income- $180,360.00 NOI- $120,664.04 Cap Rate 10.06 Portfolio Includes: 342 Imla st 21224 - 3bed/1bath - $145k 3718 E Lombard st 21224 - 3bed/1bath - $130k 3705 E Lombard st- 21224 Unit A - 2bed/1bath - $140k Schedule a Private Showing

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$130,000

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Sean Ussery

SĐT: 21

$130,000
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Sean Ussery

SĐT: 21