2,242 SqFt
2,242 SqFt
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,242 sqft
Price per Sqft $238
Subdivision Roland Park
MLS Listing ID MDBA2193324
Style Converted Dwelling
Abv Grd Liv Area 2,242
Year Built 1900
Annual Tax Amount $7,969
Tax Year 2025
Lot Size 8,000 Sqft
Acres 0.18
Lot Dimensions 50' x 160'
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
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.
Location
State MD
County Baltimore City
Zoning R-3
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Heat Pump(s)
Cooling Central A/C
Inclusions 3 electric ranges, 3 refrigerators, 2 garbage disposals, 1 built-in microwave, 3 stacked washers and dryers.
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 3.0
Water Access N
Roof Type Pitched,Rubber
Accessibility None
Total Parking Spaces 3
Garage N
Private Pool No
Building
Foundation Stone
Above Ground Finished SqFt 2242
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327144924 005
Ownership Fee Simple
SqFt Source 2242
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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