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5017 Roland Ave Baltimore, MD 21210

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For Sale
$699,000

Multi-family triplex in Roland Park with investment potential.

Lot size:
0.18 Acres

Property Features for 5017 Roland Ave

General Information

Property type
Investment
Standard status
Active
Lot size
0.18 Acres

Building Details

Year built
1900

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Listing Contact
Marcus P Hairston
Source: Elliman

Listing Agency: Keller Williams Gateway LLC Listing Agent: Marcus P Hairston

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Roland Park Triplex Opportunity

Located in the heart of Roland Park, 5017 Roland Avenue is a Victorian-style multi-family triplex. The property features versatility as an investment property or a single-family home, and could be converted back into a grand Roland Park single-family home. The building includes two 2-bedroom/2-bath units and one 2-bedroom/1-bath unit, each self-contained with its own electrical panel, water heater, and furnace. Units feature a combination of laminate and tile flooring. Kitchen cabinetry in units 1 and 2 have been updated. All three units are in very good condition. Unit 1 has in-unit laundry, and the basement features storage and on-site laundry accommodations for units #2 and #3. Exterior features include a well-manicured lawn, a large front porch, a back deck off of units 1, 2, and 3, and an off-street parking area. The expansive backyard offers possibilities for outdoor enjoyment. The property is positioned near Baltimore’s top private schools, cultural institutions, banks, renowned dining establishments, and boutique shopping. It is a convenient walk to local spots such as Petit Louis, Johnnys, Shenanigans, Starbucks, and Eddie’s, as well as the Enoch Pratt Library, private and public schools, and universities. Recreational opportunities include Stony Run Park, neighborhood footpaths, the community pool, and the new Hillside Park. The location provides walkability and ease of life, removed from the hustle and bustle but still close to Johns Hopkins and downtown. Currently, all three units are rented with long-term tenants.
Location Intelligence

Current Use by Public Records

Triplexes

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Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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Location Insight

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City
Baltimore
County
Baltimore
State
Maryland
Longitude
-76.6337126
Latitude
39.3541923

FAQs

What type of property is this?
Triplex - Multi-family triplex in Roland Park with investment potential.
Where is this triplex located?
The property is located at 5017 Roland Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: - Multi-family triplex in the highly desirable Roland Park neighborhood; - Configured as three rental units with long-term tenants, providing immediate cash flow; - Each unit is self-contained with individual metering and in-unit amenities for easy expense management
More about this property
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