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885 W Lombard St
Baltimore, MD 21201 Hollins Park

$395,000 USD

Apartments For Sale • 3,705 SF

Property Details

Property Type Apartments
Total Building Size 3,705 SF
Lot Size 0.05 AC
Building Class C
Year Built 1900
Cap Rate 9.98 %
Zoning R8

90 Transit Score

100 Walk Score

                
                    Highlights
                
                                Immediate Lease-Up Opportunity: 3 apartments are occupied and 1 is vacant. Lease the vacant apartment at market rent to immediately increase profits.
                            
                                University of Maryland: Two blocks from graduate and professional schools.
                            
                                Income Upside: Below-market rents and potential utility bill-backs.

Property Flyers

Lombard885

Cap Rate:

9.98 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
	3 min	17 min	0.9 mi
Penn Station (Penn Line - Maryland Area Regional Commuter Trains (The MARC))	7 min	-	2.1 mi
Transit/Subway	Drive	Walk	Distance
Convention Center (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Penn Station & Camden Yards - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail))	2 min	14 min	0.7 mi
University Center/Baltimore Street (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Penn Station & Camden Yards - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail))	3 min	14 min	0.7 mi
Lexington Market (Metro Subway - Maryland Transit Administration Metro Subway (Baltimore Metro))	3 min	17 min	0.9 mi
Camden Station (Camden Line - Maryland Area Regional Commuter Trains (The MARC))	3 min	17 min	0.9 mi
Lexington Market (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Penn Station & Camden Yards - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail))	4 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Baltimore/Washington International Thurgood Marshall	17 min	-	9.9 mi
Ronald Reagan Washington Ntl	66 min	-	43.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	TwoCarGarage
Included in Rent:	Yes

Tom Fair 410-235-9500 Ben Frederick Realty, Inc.

885 W Lombard St Baltimore, MD 21201 Hollins Park