Renovated Mid-Rise Apartment
For Sale
$149,000
4401 ROLAND AVENUE Unit 603, Baltimore, MD 21210
Updated apartment residence with elevator access, stainless steel appliances, 24-hour security, and community pool access.
Property Size909 SF
Days on Market23
Property Features for 4401 ROLAND AVENUE Unit 603
General Information
Standard status
Active
Size
909 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$1,944
Amenities
patio
24-hour security
lobby desk
pool
Building Details
Building Size
909 SF
Year Built
1965
Construction
brick
Listing Agency:
Signature Realty Group,LLC
Listed By:
Scott M Stulich · License #633450
(443) 992-3608
Source:
Thehulsmangroup
Added: Sep 18
Changed: Oct 8
Last Checked: Oct 9 at 11:58PM
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 Signature Realty Group,LLC
Investment Insights
Based on property information with market context.
This renovated apartment unit combines a mid-rise setting with a practical collection of residential amenities. The interior features luxury vinyl plank flooring and a kitchen fitted with stainless steel appliances, including a built-in microwave, stove, and refrigerator. Elevator service provides access to the residence, while the building includes a lobby desk and 24-hour security.
The property is located in Roland Park and includes brick exterior construction, sidewalks, a patio, and a pool. On-street parking is available. Built in 1965, the residence offers an updated interior within an established apartment property.
The property is located in Roland Park and includes brick exterior construction, sidewalks, a patio, and a pool. On-street parking is available. Built in 1965, the residence offers an updated interior within an established apartment property.
Key Highlights
- Renovated mid‑rise apartment unit in Roland Park
- Luxury vinyl plank flooring and stainless steel kitchen appliances
- Elevator access, lobby desk, and 24‑hour security
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,843
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$236,860
$236.9K
Cap Rate 7%
$169,186
$169.2K
Cap Rate 9%
$131,589
$131.6K
Market Conditions
NOI Build-Up for 909 SF
Gross rent
$22.9K $25.20/SF
− Vacancy
−$1.4K −$1.51/SF
EGI
$21.5K $23.69/SF
− OpEx
−$9.7K −$10.66/SF
NOI
$11.8K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$236,860
Cap Rate 7%
$169,186
Cap Rate 9%
$131,589
Alternative Uses
Best Use
Apartment 5plus
$169.2K
$148.0K – $197.4K
NOI $11,843 @ 7.0% cap · market cap 7.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$217.8K
$190.6K – $254.1K
NOI $15,244 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,096
Businesses Nearby
Explore this area
Business Placement
Demographics for 21210, MD
14,441
Population
5,416
Households
2.7
Avg Household Size
32
Median Age
83%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,247
Density / Sq Mi
$108,929
Median Household Income
$43,474
Median Earnings
$1,498
Median Rent
$521,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated apartment residence with elevator access, stainless steel appliances, 24-hour security, and community pool access.
Where is this residential income property located?
The property is located at 4401 ROLAND AVENUE Unit 603 Baltimore, MD.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Renovated mid‑rise apartment unit in Roland Park; Luxury vinyl plank flooring and stainless steel kitchen appliances; Elevator access, lobby desk, and 24‑hour security
