5009 Roland Ave, Baltimore, MD 21210

Property Description

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.