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.
Listed By
Agency Name: Ben Frederick Realty, Inc.
Agency Phone: 4102359500
Shown By
Agent Name: The Ferguson Group
Agent Phone: (240) 731-8935
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 2,174.42 per month $1,335.34 Principal & Interest $664.08 Property Tax $175.00 Homeowner's Insurance
5009 Roland Avenue | MLS# MDBA2193324
This multi-family property located at 5009 Roland Avenue, Baltimore, MD 21210 is currently listed for sale with an asking price of $600,000. Roland Avenue is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.thefergusongroup.co today.