Three-Unit Apartment
For Sale
$349,000
873 W LOMBARD STREET, Baltimore, MD 21201
Hollins Market multifamily property with two two-bedroom apartments, one one-bedroom apartment, and first-floor laundry.
Property Size2,880 SF
Days on Market84
Property Features for 873 W LOMBARD STREET
General Information
Standard status
Active
Size
2,880 SF
Property subtype
Triplex
Financials
Asking Price
$375,000
Cap Rate
8.46%
Taxes and HOA fees
Annual Taxes
$5,442
Amenities
coin-operated laundry room
Building Details
Building Size
2,880 SF
Year Built
1890
Buildings
1
Tenancy
Multi
Listing Agency:
Ben Frederick Realty, Inc.
Listed By:
Will A Cannon III · License #657102
(410) 916-3331
Source:
Thehulsmangroup
Added: Jun 25
Changed: Sep 2
Last Checked: Sep 15 at 8:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben Frederick Realty, Inc.
Investment Insights
Based on property information with market context.
873 W Lombard St is a three-unit Hollins Market apartment building with two two-bedroom apartments and one one-bedroom apartment. Kitchens feature wood cabinetry, laminate countertops, 30-inch 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 a gas-fired forced-air furnace. Units 1 and 2 share a central 40-gallon gas-fired water heater installed in 2017, while Unit 3 has a dedicated 29-gallon gas-fired water heater. The building includes four electric meters, 300 amps of total electric service, and three gas meters. Water reimbursement is partially in place. The property is two blocks from UMB graduate schools and near UMMC, the BioPark, downtown Baltimore, Martin Luther King Jr. Boulevard, and the B&O Railroad Museum.
Each apartment has a gas-fired forced-air furnace. Units 1 and 2 share a central 40-gallon gas-fired water heater installed in 2017, while Unit 3 has a dedicated 29-gallon gas-fired water heater. The building includes four electric meters, 300 amps of total electric service, and three gas meters. Water reimbursement is partially in place. The property is two blocks from UMB graduate schools and near UMMC, the BioPark, downtown Baltimore, Martin Luther King Jr. Boulevard, and the B&O Railroad Museum.
Key Highlights
- Three‑unit building with two two‑bedroom apartments and one one‑bedroom apartment
- 2,880‑square‑foot Hollins Market apartment building at 873 W Lombard St
- Coin‑operated laundry room located on the first floor
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,965
Businesses Nearby
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Business Placement
Demographics for 21201, MD
18,382
Population
11,468
Households
1.6
Avg Household Size
34
Median Age
47%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
14,140
Density / Sq Mi
$44,722
Median Household Income
$44,239
Median Earnings
$1,282
Median Rent
$221,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Hollins Market multifamily property with two two-bedroom apartments, one one-bedroom apartment, and first-floor laundry.
Where is this triplex located?
The property is located at 873 W LOMBARD STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Three‑unit building with two two‑bedroom apartments and one one‑bedroom apartment; 2,880‑square‑foot Hollins Market apartment building at 873 W Lombard St; Coin‑operated laundry room located on the first floor
