Converted Dwelling
5009 ROLAND AVENUE
BALTIMORE, MD 21210
MLS#: MDBA2193324
$535,000
Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
2,242
Live in Roland Park! Own a three-unit apartment 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 apartment for $286 per month toward PITI. Or, with just 3.5% down, $1,247 per month, potentially less than local rent. Contact us for financing details. Roland Park is one of Baltimore’s most distinctive neighborhoods, celebrated as one of America's first planned garden suburbs. Its tree-lined streets, historic architecture, landscaped grounds, and enduring residential appeal have made it a sought-after address for generations. Everyday conveniences are close at hand, including Eddie’s of Roland Park, Starbucks, the Roland Park Library, and neighborhood shops and restaurants. Outdoor recreation awaits along the wooded trails of Stony Run, while nearby Roland Park Elementary/Middle School, Loyola University Maryland, Johns Hopkins University, and Notre Dame of Maryland University add to the neighborhood’s appeal. It’s a rare combination of residential charm, urban convenience, and proximity to major educational institutions. 5009 Roland Avenue contains one 1-bedroom, 1-bath apartment; one 2-bedroom, 1-bath apartment; and one 2-bedroom, 2-bath apartment. Updated kitchens feature wood cabinetry, laminate countertops, and modern appliances. All apartments include in-unit laundry, hardwood floors, and central air conditioning. For investors, the property offers an 8.57% cap rate and 8.1% projected cash-on-cash return, supported by tenant-paid electric and water/sewer, updated systems, and consistent rental demand in Roland Park.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2242.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.18
-
Lot Size(square feet)
8,000
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Converted Dwelling
Price
-
Sales Price
$535,000
-
Tax Amount
$7,969
-
Zoning
Licensed for 3 Dwelling Units.
-
Sq. Footage
2,242
-
Price/SqFt
$238
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
005
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Will A Cannon III, Ben Frederick Realty, Inc.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Salesperson, Realtor
Albert Ranney
Call Albert today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.