Interiors:
One 2-Bedroom, 2 Bath Apartment
One 2-Bedroom, 1 Bath Apartment
Two 1-Bedroom, 1 Bath Apartments
Kitchens in this Roland Park 4-unit blend function with charm, featuring thoughtful details such as a center island with a cutting-board top, decorative backsplashes, and faux tin ceilings. Two kitchens are also equipped with dishwashers, adding convenience for tenants. Large windows throughout the building bring in abundant natural light, and as a corner single-family home conversion, each apartment benefits from bright exposures. Generous covered decks provide additional outdoor living space, offering residents a private spot to relax and enjoy the neighborhood setting. Interiors include hardwood floors in most living areas, plaster and drywall walls with some wood paneling, and updated bathrooms with modern vanities and a mix of clawfoot, steel, and cast-iron tubs.
Utilities:
Each unit is served by its own mechanical systems, with 4 gas-fired boilers providing radiator heat and 4 gas water heaters supplying hot water. The property is separately metered with 5 electric meters and 4 gas meters. The landlord has it structured so that tenants pay their own gas and electric, as well as the public service electric and water bills—minimizing owner expenses and boosting cash flow. Observable plumbing includes copper and C-PVC supply lines with PVC drains.
What’s Special About Roland Park:
Set on the corner of Roland and Wyndhurst Avenues, this property enjoys one of Roland Park’s most connected locations. Just a block east, the Stony Run Trail offers a green corridor for walking, or running, while Wyndhurst Avenue provides a quick link to Charles Street for commuting downtown or to northern suburbs. Residents are within easy reach of Roland Park’s retail village adn Wyndhurst Station, schools, and universities, plus neighborhood favorites like Eddie’s Market and the cafes along Cold Spring Lane. With its rare off-street parking, large covered decks, and charming interior details, 5001 Roland Avenue blends lifestyle appeal with long-term investment stability in one of Baltimore’s most prestigious neighborhoods.
Investment Summary:
$850,000
$212,500 Per Unit
$264 Per Sq. Ft.
10.6 Times Actual Rents (GRM)
10.0 Times Market Rents (GRM)
7.23% Cap Rate
5.1% Projected Cash-on-Cash Return