About This Home

This 0-bedroom, 0-bathroom single family at 241 N LAKEWOOD AVE in Baltimore, MD is listed for $160,000. Built in 1920, on a 0.03 acres lot.

Key Features

  • Built in 1920
  • 0.03 acre lot

Property Details

1920
Listing Description

Turnkey mixed""'use opportunity on a high""'visibility corner just minutes from Johns Hopkins Hospital, Ellwood Park, and Patterson Park. This property offers strong foot traffic, excellent exposure, and flexible commercial potential. The main level is fully set up for a carryout operation and can easily support a variety of business types-carryout restaurant, convenience store, specialty food shop, or other neighborhood""'serving retail.

All existing restaurant equipment conveys, allowing you to step in and start operating immediately. The upper level provides generous living space with four bedrooms, a full bath, and a private balcony-ideal for an owner""'operator who wants to live on""'site rent""'free or for additional rental income.

The combination of commercial frontage and spacious residential quarters makes this a rare, versatile investment in a rapidly developing corridor. A complete building and equipment package is included in the sale. Your next business venture begins here.

Monthly Cost Estimate

$856/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

241 N LAKEWOOD AVE

Baltimore, MD 21224

Questions & Answers

This 0-bedroom, 0-bathroom single family at 241 N LAKEWOOD AVE is listed at $160,000. The estimated monthly payment is $856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.03 acre lot.

This property is listed by Ken Zeng.

KZ

Ken Zeng

Agent at Long & Foster Real Estate

Listed by Long & Foster Real Estate · Broker phone: 4107303456 · Broker website

MLS# MDBA2210602· Source: Long & Foster Real Estate· 202 days on PropertySimple

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

241 N LAKEWOOD AVE, Baltimore, MD 21224

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