2550 W Lombard Street Baltimore, MD $ 375,000
2550 W Lombard Street
$ 375,000
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2550 W Lombard Street

Baltimore, MD, 21223
$ 375,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,309

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Commercial Property for sale in Baltimore, MD

for $375,000. This building was built in 1900.

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.

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Commercial Active

Price

$ 375,000

Property Type

Commercial

Taxes

$ 2,108

Style

Apartment Building

Year Built

1900

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2183764

Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Other
Cooling Other
Possession Immediate
Zoning R-8
Construction Materials Other
Year Built 1900
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Apartment Building
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Follow GPS
City BALTIMORE
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Annual Amount 2108.0
Price Per Sq Ft Total AG 107.14
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 20
Tax Lot 048
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 3500.00
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 50000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2550
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* Excluded Features
List By
Coldwell Banker Realty

Broker

aliceisyourrealtor@gmail.com

Email

Affordability Calculator

$2,485
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$176
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$375,000 -1.29% Price Down
9/15/2025$379,900 Listed Price

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2550 W Lombard Street, Baltimore, MD, 21223 is a Commercial Property for sale at $375,000. 2550 W Lombard Street was built in 1900. The property's zip code is 21223 which is in Baltimore, MD