Cape Cod Duplex with Detached
1524 Orlando Road Baltimore, MD 21234
1524 Orlando Road, Baltimore, MD, 21234
$335,900
For Sale
$335,900
Cape Cod duplex offers two separate apartments with individual utility meters, plus a detached two-car garage.
Property Size1,540 SF
Price / SF$218.12
Days on Market54
Property Features for 1524 Orlando Road
General Information
- Standard status
- Active
- Size
- 1,540 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1953
Listing agency
Long & Foster Real Estate, Inc.
(410) 984-2854
Listed by
Cookie Stone · License #31613
(410) 984-2854
Source
Compass
Added: May 30 Updated: Jul 21 at 11:56PM Checked: Jul 21 at 11:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This well-maintained Cape Cod includes gleaming hardwood floors and an open floor plan. The home is currently configured as two separate apartments with individual utility meters. On the main level, there is a spacious living room, formal dining room, eat-in kitchen, one bedroom, and a full bath. The upper level features a versatile layout with the potential for three bedrooms, or two bedrooms and an additional living area, along with a complete kitchen and a full bath. An unfinished lower level provides abundant storage and includes two washers and two dryers for added convenience.
The property is located in Baltimore County on a quiet cul-de-sac, with the home situated outside city limits. The listing is within the Baltimore County Public Schools district.
A detached two-car garage supports convenient off-street parking, complementing the dual-apartment configuration throughout the residence.
The property is located in Baltimore County on a quiet cul-de-sac, with the home situated outside city limits. The listing is within the Baltimore County Public Schools district.
A detached two-car garage supports convenient off-street parking, complementing the dual-apartment configuration throughout the residence.
Key Highlights
- Cape Cod duplex configured as two separate apartments with individual utility meters
- Open floor plan with hardwood/wood floors and 1 fireplace
- Main level layout: spacious living room, formal dining room, eat‑in kitchen, 1 bedroom, and 1 full bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.2k | $22.20 |
| − Vacancy | −$1.9k | −$1.22 |
| EGI | $32.3k | $20.98 |
| − OpEx | −$9.7k | −$6.29 |
| NOI | $22.6k | $14.69 |
1,540 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$323.1K
$282.7K – $376.9K
NOI $22,615 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$286.6K
$250.8K – $334.4K
NOI $20,064 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$368.9K
$322.8K – $430.4K
NOI $25,826 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Cape Cod duplex offers two separate apartments with individual utility meters, plus a detached two-car garage.
Where is this duplex located?
The property is located at 1524 Orlando Road Baltimore, MD.
What is the asking price?
The asking price for this property is $335,900.
What are key features of this property?
This property features: Cape Cod duplex configured as two separate apartments with individual utility meters; Open floor plan with hardwood/wood floors and 1 fireplace; Main level layout: spacious living room, formal dining room, eat‑in kitchen, 1 bedroom, and 1 full bath
