Victorian

510 E 41ST STREET

BALTIMORE , MD 21218

MLS#: MDBA2112686

$195,000

Status: Active
Listing number: MDBA2112686
Listing provided by: VYBE Realty
Listing agent phone: None
Last update: 17 days ago
Browse Properties
PEN LUCY - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

1,933

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)!

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1933.0

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Exhaust Fan, Electric, Baseboard

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    On Street

  • Patio and Porch Features

    Porch

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.13

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Victorian

Price

  • Sales Price

    $195,000

  • Tax Amount

    4707.0

  • Sq. Footage

    1, 933

  • Price/SqFt

    $100

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Sewer

    Public Sewer

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Location

County

BALTIMORE CITY

Elementary School

Middle School

High School

Listing Courtesy of STEPHEN PIPICH Jr. , VYBE Realty

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Agent ChristyIssler

Broker | Owner

ChristyIssler

Call Christy today to schedule a private showing.

(235) 551-212

christy@charisrealty.com


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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)!

510 E 41ST STREET

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