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Pen Lucy Multifamily Home for Sale

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    $195,000

    • Studio
    • 1,933 Sq Ft

    510 E 41st St, Baltimore, MD 21218

    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

    Stephen Pipich VYBE Realty

    510 E 41st St, Baltimore, MD 21218

Why Live in Pen Lucy

Pen Lucy, located in the north end of Baltimore, is a multi-generational and multi-cultural neighborhood known for its close-knit community and historical charm. The area is characterized by its red brick rowhouses, many with front porches and second-story bay windows, as well as some Tudor-style homes and detached stick houses. While retail and dining options within Pen Lucy are limited, nearby Hampden offers a variety of eateries, and Greenmount Avenue at 33rd Street features local favorites like Pete's Grill and Red Emma's Bookstore Coffeehouse. Residents also frequent the Giant Foods supermarket and Lidl on Havenwood Road for groceries. The neighborhood is well-connected by buses and is approximately 3 miles from Interstate 83 and the Woodberry light rail stop. Pen Lucy's community spirit is bolstered by diverse religious congregations and events such as the monthly potluck at Faith Christian Fellowship and the annual Bloom Party at Sherwood Gardens. Outdoor activities include a short hiking trail in Springfield Woods and recreational facilities at Mullan Park. For indoor activities, the Enoch Pratt Free Library branch in Northwood is half a mile away. The neighborhood has a lower crime risk compared to the national average, contributing to its appeal. Students attend Walter P. Carter Elementary and Middle School and often move on to Mergenthaler Vocational-Technical High School, both of which have average ratings. The Pen Lucy Action Network provides tutoring and games for students, enhancing their academic performance. Overall, Pen Lucy offers a blend of historical architecture, community engagement, and convenient access to amenities.

Home Trends in Pen Lucy, MD

Housing Trends

Median Sale Price
$545,000
Median Single Family Sale Price
$545,000
Median 2 Bedroom Sale Price
$253,000
Average Price Per Sq Ft
$171
Number of Homes for Sale
2
Last 12 months Home Sales
30
Months of Supply
0.80
Median List Price
$555,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
49%
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