$195,000

510 E 41ST ST, Baltimore, MD 21218

  • 1,933 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $101/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

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 Status:
Active
Listing Office:
VYBE Realty : 4102204648
Listing Agent:
STEPHEN PIPICH Jr. : 4432862943
MLS ID:
MDBA2112686
  • General: Ceiling Fan(s)Kitchen - EfficiencyWood Floors
  • Appliances: DishwasherDryerExhaust FanStoveRefrigeratorRange HoodWasher
  • Flooring: HardwoodCeramic tile
  • A/C: Ceiling Fan(s)Window Unit(s)
  • Heating: Baseboard - ElectricElectric
  • Disability Feature: 2+ Access Exits

This listing courtesy of STEPHEN PIPICH Jr., VYBE Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Guilford Elementary/Middle School

4520 York Rd, Baltimore, MD, 21212

Grades PK-8

0.34 miles away

G

Guilford Elementary/Middle School

4520 York Rd, Baltimore, MD, 21212

Grades PK-8

0.34 miles away

M

Mergenthaler Vocational-Technical High School

3500 Hillen Rd, Baltimore, MD, 21218

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.