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 PITIor 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.
Details
MLS #
MDBA2193324
Listing Type
For Sale
Sub-Type
Resale
Status
Active-bright
Year
1900
Days On Site
284
Listing Provided By
Ben Frederick Realty, Inc. | Will A Cannon III
Features
SQ Feet
2,242
Basement
Y
Units
3
Zoning
R-3
Acreage
0.18
Interior
Cooling
Central A/C
Heating Yes / No
Yes
Heating
Heat Pump(s)
Exterior
Roof
Pitched, Rubber
Construction Materials
Frame
Foundation Details
Stone
Parking
Garage Yes / No
No
Taxes
Tax Annual Amount
7969
Area Information
State
MD
County
BALTIMORE CITY MD
City
BALTIMORE
Zip Code
21210
Area
BALTIMORE CITY MD
Community Name
ROLAND PARK
School District
BALTIMORE CITY PUBLIC SCHOOLS
Sourced by Back At You
MLS Number: MDBA2193324
Will A Cannon III – (410) 916-3331 – will@benfrederick.com
Ben Frederick Realty, Inc. – (410) 235-9500 – info@benfrederick.com
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