5134 Pembridge Ave Baltimore, MD 21215

Fully renovated 5-bedroom, 4-bathroom home offering exceptional flexibility-perfect as a spacious single-family residence or easily convertible into a two-unit investment property. Currently configured as a single-family home, this property was previously used as a two-unit and can be converted back with ease. With two BGE meters, two full kitchens, two furnaces, 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 5132 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.