USAMDBaltimore873 W Lombard Street
873 W Lombard Street | Image 1
New
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$375,000

For Sale

4 hours ago

873 W Lombard Street, Baltimore, MD

House

MLS® MDBA2221068

0 Bed

0 Bath

2880 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2880 sqft
Garage 
Taxes $5,442
Days Active 0
Lot Size 0.03 Acres
Approx. Age 1890
Avg. Price Per Sqft $130
MLS® Number MDBA2221068

Property Address: 873 W Lombard Street, BALTIMORE, MD, 21201

Average square foot calculated using Size range provided by listing agent.

Description

873 West Lombard Street presents a 3-unit Hollins Market apartment building with performing in-place income, a central west-side location, and modest remaining upside. Offered at $375, 000, the property is projected at an 8.46% cap rate and 9.24% cash-on-cash return. Existing rents are close to market, giving investors current performance without depending on a heavy rent-growth or turnover strategy. The building includes two two-bedroom apartments and one one-bedroom apartment. Kitchens include wood cabinetry, laminate countertops, 30” gas ranges, and stainless-steel sinks. Bathrooms include modern vanities and steel tubs, with two ceramic tile surrounds and one fiberglass surround. A coin-operated laundry room is located on the first floor. Each apartment has its own gas-fired forced-air furnace. Units 1 and 2 are served by a central 40-gallon gas-fired water heater installed in 2017, while Unit 3 has its own 29-gallon gas-fired water heater. The building has four electric meters, 300 amps of total electric service, and three gas meters. Water reimbursement is partially in place, giving a new owner the opportunity to standardize reimbursement language at renewal or turnover. 873 West Lombard is just two blocks from UMB graduate schools, with UMMC, the BioPark, downtown Baltimore, Martin Luther King Jr. Boulevard, and the B&O Railroad Museum nearby. Recent Census data shows the surrounding area is 85% renter-occupied, reinforcing the rental-heavy profile of this Hollins Market location. For investors, the appeal is straightforward: income is already in place, the building systems are manageable, and the location is supported by nearby educational, medical, employment, and cultural anchors.
MLS® NumberMDBA2221068
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
Basement
DrivewayNone
Garage Spaces
HeatForced Air, Natural Gas
A/CWindow Unit(s), Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 25, 2026List Date
$375,000List Price
  • Commute

Commute

Starting Address
Destination Address
873 W Lombard Street, Baltimore, MD

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