510 E 41ST ST Baltimore, MD 21218
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,933 sqft
Price per Sqft $100
Subdivision Pen Lucy
MLS Listing ID MDBA2112686
Style Victorian
Abv Grd Liv Area 1,933
Year Built 1915
Annual Tax Amount $4,707
Tax Year 2024
Lot Size 5,875 Sqft
Acres 0.13
Property Sub-Type Detached
Source BRIGHT
Property Description
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)!
Location
State MD
County Baltimore City
Zoning R-6
Interior
Interior Features Ceiling Fan(s), Kitchen - Efficiency, Wood Floors
Hot Water Electric
Heating Baseboard - Electric
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Hardwood, Ceramic Tile
Equipment Dishwasher, Dryer, Exhaust Fan, Stove, Refrigerator, Range Hood, Washer
Fireplace N
Window Features Double Pane
Appliance Dishwasher, Dryer, Exhaust Fan, Stove, Refrigerator, Range Hood, Washer
Heat Source Electric
Exterior
Exterior Feature Porch(es)
Water Access N
Roof Type Shingle
Accessibility 2+ Access Exits
Porch Porch(es)
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0309013900 006
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
