5009 Roland Avenue Baltimore, MD 21210

$545,000
0.18
Acres
2,242
SQFT
243
$/SQFT
$545,000
2,242   sf
$243 / sf
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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.

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.

  • Neighborhood
  • Type
  • County
    Baltimore City
  • Tax Amount
    $7,969
  • Status
    Active
  • Listing #
    MDBA2193324
  • Built
    1900
  • Lot Size
    0.18
  • Listed on site
    272 days
  • Listing Agent Id
    121137249888

Listed by:
Ben Frederick Realty, Inc.

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Parking Off-Street
  • Basement

Interior Features

  • Central Air Conditioning

Property History

DateDays AgoEventNew Price
May 26, 20263 mos agoPrice decreased55,000 (9%)$545,000
Nov 25, 20259 mos agoNew on market$600,000
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