With Units 1 and 2 currently on month-to-month leases, 1433 W Lombard Street offers a flexible path for an owner-occupant. Unit 1, located on the first floor, is a two-bedroom apartment with in-unit laundry - ideal for private use while generating income from the remaining three units. The property is… Read More just steps from Union Square Park and close to the University of Maryland Medical Center, Biotech Park, and graduate schools, making it a practical choice for those seeking both affordability and convenience in a central location. 25cf; Gut Renovated in 2013: Modernized systems reduce maintenance costs and simplify management for investors. 25cf; Opportunity to Increase Cash Flow by 20%- Organically increase income by implementing market rents. 25cf; Lead-Free Limited: Minimizes owner liability and paperwork requirements during turnovers. Apartment Interiors: 1433 West Lombard includes four apartments: one two-bedroom unit and three one-bedroom units. Kitchens have 302033; electric ranges, built-in microwaves, laminate counters, and wood cabinetry. Bathrooms consist of three with steel tubs and ceramic tile surrounds, and one with a ceramic shower stall; all bathrooms have modern vanities. Flooring in kitchens and baths is ceramic tile; living spaces have a mix of laminate and carpet. Apartment 1A has in-unit laundry and a small rear deck; the other units use coin-operated laundry in the common area. Utilities: This all-electric building was renovated in 2013 and is separately metered, with five electric meters in place. Each apartment has an electric heat pump with central air and an electric 40-gallon water heater. The building features a copper water main, CPVC interior supply lines, and PVC drain lines. What's Great About Historic Union Square? Union Square is located in Baltimore's Central Southwest neighborhood, less than a mile from Camden Yards. The property is one building away from the corner, directly across from Union Square Park - a rare and established public green space in the city. The location offers excellent walk and transit scores and is less than half a mile from Mount Clare Junction's full-service grocery store. It's also in close proximity to Shock Trauma, the University of Maryland Medical Center, the UMB Biotech Park, and graduate schools for medicine, nursing, law, pharmacy, and social work - supporting strong demand from students and professionals alike. I-95 and I-295 are both less than 1.5 miles away, and BWI Airport is approximately a 20-minute drive. Read Less
Courtesy of Will Cannon, Ben Frederick Realty, Inc. [email protected]
Listing Snapshot
Days Online
56
Last Updated
Property Type
Townhouse
Square Ft.
3,510
Lot Size
0.07 Acres
Year Built
1880
MLS Number
MDBA2174196
30 Days Snapshot Of 21223
$79k
-24%
(avg) sold price
20
-23%
homes sold
46
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
3,510 sqft living area, Built in 1880, Structure Type: Interior Row/Townhouse, Wall & Ceiling Types: Plaster Walls, Dry Wall, 4 units in building, Converted Dwelling, Brick
Cooling
Central Air, Electric, Central A/C
Fees
Ground Rent Pymnt Freq: Semi-Annually
Foundation
Block
Heating
Electric, Forced Air, Heat Pump(s)
Lot
3,000 sqft, Lot Size Dimensions: 20' x 150', 0.07 acres
Property
Other Structures: Above Grade, Below Grade, 3 one-bedroom units, 1 two-bedroom unit
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