510 E 41st St

Baltimore, MD 21218
  • $195,000

    Price
  • 4

    Bed
  • Bath
  • 1,933

    SqFt

About the Listing VYBE1 - 3064772

3 unit multi-family property located in the Pen Lucy neighborhood. All units are currently vacant. Apartment 1 is a 2BR/1BA that was previously rented for $1200/month. Apartment 2 is a 1BR/1BA that was previously rented for $750/month. Apartment 3 is a 1BR/1BA that was previously rented for $950/month. Total rental income was $2900/month when fully occupied. Landlord had been paying water/sewer and lawncare . After renovating each unit, we believe the rental income could be around $3500/month. Each unit has a lead certificate and property's rental license is current. Property had water in the basement due to a sump pump that was not functional, but has been repaired. Pipes had also froze in January/February and busted in a few places leading to water leaks in several places. Not all plumbing has been repaired. It is not certain if the basement furnace is functional, but we believe the baseboard heat in each unit is functional. The photos are not how it is currently presented as the units are now vacant. Cash or a renovation loan would be necessary. Seller is selling the property As-Is. This charming Victorian is in close proximity to Morgan State University, Johns Hopkins University, Penn Station and nearby hospitals (Good Samaritan and Union Memorial)!

Listing Highlights for 510 E 41st St

Status Pending
Days on Site 563
Property Type Multi-Family
MLS ® MDBA2112686
Year Built 1915
Total Square Footage 1,933
Lot/Acreage 0.13
Neighborhood Pen Lucy

Interior Details

  • Bedrooms: 4
  • Bathrooms: Full
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Stove, Refrigerator, Range Hood, Washer
  • Air Cond: Ceiling Fan(s),Window Unit(s)
  • Heating: Baseboard - Electric
  • Fireplaces:
  • Floor: Hardwood,Ceramic Tile
  • Above Ground Sq Ft: 1933
  • Below Ground Sq Ft: 0
  • Basement:
  • Other: Ceiling Fan(s),Kitchen - Efficiency,Wood Floors
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: N/A
  • Zoning: R-6
  • Roof: Shingle
  • Others: Average
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $4,707
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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510 E 41st St Baltimore, MD 21218

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Originating MLS: BRIGHT_MAIN

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