Change Real Estate Presents:

510 E 41st Street
Baltimore MD 21218

Sold for $175,000.00 Closed

Close Date: 2025-10-24

Baltimore
1,933 build ft2
5,875 land ft2

About This Property

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 Agent: STEPHEN PIPICH Jr.. VYBE Realty 443-286-2943 steve@justvybe.com

Property Features

Location Information
County:
Subdivision: PEN LUCY
click to open map in a new window
Interior Features
Appliances: Dishwasher, Dryer, Exhaust Fan, Stove, Refrigerator, Range Hood, Washer
Interior: Ceiling Fan(s), Kitchen - Efficiency, Wood Floors
Laundry:
Furnished: None
Flooring: Hardwood, CeramicTile
Water: Public
Cooling: Ceiling Fan(s), Window Unit(s)
Heating: Baseboard - Electric
Fireplaces: None
Windows: DoublePaneWindows
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1915
Legal Subdivision: Ward 9
Subdivision Name: Pen Lucy
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of STEPHEN PIPICH Jr.. VYBE Realty 443-286-2943 steve@justvybe.com

Property Photos [Click to enlarge]

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