5009 ROLAND AVE, Baltimore, MD 21210

• 2,242 sqft

Property Description

Live in Roland Park! Own a three-unit building in one of Baltimore’s most desirable neighborhoods and offset your housing costs with rental income. With 20% down, an owner-occupant could live in one of the apartments for only $390 per month toward PITI—or with 3.5% down, for approximately $1,310 per month, often less than local rent. (Contact us for details!) 5009 Roland Avenue is close to Roland Park Elementary/Middle, Loyola University Maryland, Johns Hopkins University, and Notre Dame of Maryland University, providing a convenient location surrounded by parks, cafés, and neighborhood amenities. Each apartment offers its own layout: one 1-bedroom, 1-bath; one 2-bedroom, 1-bath; and one 2-bedroom, 2-bath. Updated kitchens feature wood cabinetry, laminate counters, and modern appliances. All units include in-unit laundry, hardwood floors, and central air. For investors, the property performs well with a 7.72% cap rate and 6.8% projected cash-on-cash return, supported by tenant-paid electric and water/sewer, modern systems, and strong rental demand in Roland Park’s high-reputation market.

Listing Status:

Active

Listing Office:

Ben Frederick Realty, Inc. : 4102359500

Listing Agent:

Will A Cannon III : 4109163331

MLS ID:

MDBA2193324

Interior

• Basement: Unfinished
• A/C: Central A/C
• Heating: Heat Pump(s)Electric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Converted Dwelling

Construction

• Roofing: PitchedRubber
• General: FrameStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: BALTIMORE CITY PUBLIC SCHOOLS
• County: BALTIMORE CITY-MD

Lot

• Zoning: R-30327144924 005

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant's possessions excluded.

This listing courtesy of Will A Cannon III, Ben Frederick Realty, Inc.