• 01 832 Lomard st
  • 02 832 Lombard
  • 03 Biotech Park
  • 08 Hall
  • 30 Apt 3 Living Room
  • 33 Apt 3 Kitchen
  • 34 Apt 3 Kitchen
  • 36 Apt 3 Bedroom
  • 35 Apt 3 Bedroom 1
  • 25 Apt 2 Bathroom
  • 37 apt 3 bathroom
  • 38 Apt 3 Bathroom 2
  • 40 Electric Heat Pump
  • 41 Electric Heat Pump
  • 45 Electric Meters
  • 70 Electric Panel Box
  • 72 Electric Panel box
  • 10 Living Room
  • 11 Kitchen
  • 12 Bedroom 1
  • 13 Bathroom
  • 14 Heat Pump with Central Air
  • 15 Bedroom 2
  • 16 Electric Panel Box
  • 17 Basement Bathroom
  • 18 Basement Front Bedroom
  • 19 Basement Front Bedroom
  • 20 Living Kitchen
  • 21 Kitchen
  • 22 Bedroom
  • 23 Bathroom
  • 89 Laundry Room
  • 42 Rear Areaway
  • 43 Rear Yard
  • 92 Main Front Roof
  • 93 Rear Roof
  • 90 MFD License

Property ID : Lombard832

For Sale $280,000.00 - Apartment Building, Townhouse
2496 3 Units 3 Bathrooms 1 Garage  Add to Favorites Print

Totally gut-rehabbed in 1992 this brick townhouse features separate heat pump with central air conditioning, 100Amp electric service to each apartment, separate water heater and multi-story apartments.  First floor front is a one-bedroom apartment.  First floor rear is a 3-story 2-bedroom 2-bath apartment with a deck.  Second floor front is a two-story 2-bedroom apartment with vaulted ceilings.

University of Maryland is one block away.  University of Maryland Biotechnology Park is one block away.

Garage in rear provides additional potential revenue.

Great investment, great cash-flow:

$280,000   investment
$   93,333   per door
$         112   per sq.ft.
99   times monthly rent
7.8% cap rate
10.9% cash-on-cash return on investment

CLICK THE PHOTO BELOW FOR A VIRTUAL TOUR OF THE 3-STORY APARTMENT!

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Agent Meet Ben Frederick, III, CCIM

  • Mobile : 410-752-6400
  • Fax : 410-435-5041

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