Features & Amenities

Interior

Area & Lot

  • Property Type

    Commercial Sale

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    None

Financial

  • Sales Price

    $150,000

  • Tax Amount

    2108.0

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BALTIMORE CITY

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Listing Courtesy of Larry E Cooper , Alex Cooper Auctioneers, Inc.

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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.

2550 W LOMBARD STREET

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