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About This Home
This 0-bedroom, 0-bathroom residential multi family at 5132 PEMBRIDGE Avenue in BALTIMORE, MD is listed for $249,900 ($116 per sqft). Built in 1940, the home offers 2,160 sqft of living space on a N/A lot.
Fully renovated Turnkey two-unit investment property. Currently configured as a two-unit duplex. Unit #1 has 3 bedrooms, 2 full bathrooms, Full-size kitchen, Private laundry, Central A/c, Separate Furnace & water heater and its own bge meter along with a Finished Basement entertainment area.
Unit #2 has 2 bedrooms, 2 full bathrooms, Full-size kitchen, Private laundry, Central A/C,.Seperate Furnace & water heater and is own bge meter. With two full kitchens, two furnaces, two water heaters, two separate laundry areas, & two separate BGE meters, the possibilities are truly endless.
Flexible Living & Investment Options: Option 1: Maximize rental income by utilizing both units: Option 2: Live in one unit and rent the other to generate cash flow and offset your mortgage-complete with separate entrances and separate utilities for added convenience and privacy.
Option 3: Enjoy as a large single-family home featuring 5 bedrooms and 4 full bathrooms-ideal for multi-generational living or those seeking extra space. Recent upgrades completed in 2022 include a new roof, updated plumbing, HVAC systems, and 400-amp electrical service-all with permits pulled and inspections completed, providing peace of mind.
This home features granite countertops, recessed lighting, and luxury vinyl plank flooring for a modern, durable finish. Additional highlights include a spacious basement with ample storage and value-add potential, as well as a fully fenced backyard-perfect for entertaining or relaxing.
For investors seeking expansion opportunities, the neighboring property at 5134 Pembridge is also available and is currently configured as a two-unit with a similar layout-offering the potential for a combined four-unit investment. Conveniently located across from the $400 million redevelopment of Pimlico Race Course (home of the Preakness Stakes), this property is close to major attractions and commuter routes.
It is less than 3 miles from multiple shopping centers and dining options, approximately 3 miles from the Baltimore Zoo and Druid Hill Park, 2.5 miles from Forest Park Golf Course, 6 miles from Penn Station, and about 8 miles from Baltimore's professional sports stadiums. Enjoy easy access to I-695, I-70, I-83, and I-95. Don't miss this rare opportunity to own a versatile, move-in-ready property that blends modern upgrades with strong income potential. Schedule your showing today.
Key Features
- Built in 1940
Property Details
Amenities
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5132 PEMBRIDGE Avenue
BALTIMORE, MD 21215
CENTRAL PARK HEIGHTS
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 5132 PEMBRIDGE Avenue is listed at $249,900 ($116/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.
Key features include: Built in 1940. Interior Features: 2nd Kitchen, Combination Kitchen/Living, Combination Kitchen/Dining.
This property is listed by Will Rodgers and can be reached at 4109895055 or 1stopwill@gmail.com.






























