5132 Pembridge Ave Baltimore, MD 21215

Fully renovated 5-bedroom, 4-bathroom home offering exceptional flexibility-perfect as a spacious single-family residence or keep as a two-unit investment property. Currently configured as a two-unit, this property can be converted into single-family with ease. With two BGE meters, two full kitchens, two furnaces, Two a/c units, two water heaters, and two separate laundry areas, the possibilities are truly endless. Flexible Living & Investment Options: Option 1: Enjoy as a large single-family home featuring 5 bedrooms and 4 full bathrooms-ideal for multi-generational living or those seeking extra space. Option 2: Maximize rental income by utilizing both units: Upper-Level Unit: 2 bedrooms, 2 full bathrooms, full-size kitchen, and private laundry Main-Level Unit: 3 bedrooms, 2 full bathrooms, full-size kitchen, lower-level laundry, and a finished entertainment area Option 3: 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. 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.