3512 E Lombard St, Baltimore, MD 21224

List price is opening online auction bid; Bidding ends Tuesday, October 15, 2024 at 11:30am. This brick-front townhouse offers a solid investment opportunity. Currently occupied by a Section 8 tenant, it features 2 bedrooms, 1.5 baths, central A/C, and an updated interior. Key Features: • Income: Gross monthly rent of $2,200 ($26,400 annually). Section 8 pays most of the rent, and the tenant according to the seller contributes $170.00+/-. The tenant signed a 2 year lease starting in June 2024. • Expenses: Tenant pays water, gas and electric. • Layout: Main level includes living room, dining room, half bath, wide hallway, mud/laundry room, and eat-in kitchen. Upper level features 2 bedrooms and a full bath. Partially finished lower level offers ample storage, sump pump; and mechanical systems including forced hot air heat and gas hot water. Location: This townhouse is conveniently located in the Baltimore Highlands neighborhood of Baltimore City, offering easy access to dining, shopping, schools, recreation, and transportation. Nearby is John Hopkins Bayview Medical Center, John Hopkins Hospital, Patterson Park, The Market at Highlandtown, and more.