Renovated Residential Income
For Sale
$239,900
4401 ROLAND AVENUE Unit 415, Baltimore, MD 21210
Spacious two-bedroom condominium with updated finishes, abundant natural light, and access to building amenities.
Property Size1,343 SF
Days on Market30
Property Features for 4401 ROLAND AVENUE Unit 415
General Information
Standard status
Active
Size
1,343 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,268
Amenities
swimming pool
lobby
front desk service
gazebo
Building Details
Building Size
1,343 SF
Year Built
1965
Listing Agency:
Cummings & Co. Realtors
Listed By:
Eleni T Bonds · License #579496
(443) 904-5750
Source:
Thehulsmangroup
Added: Sep 13
Changed: Oct 3
Last Checked: Oct 11 at 11:52AM
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 Cummings & Co. Realtors
Investment Insights
Based on property information with market context.
Unit 415 at 4401 Roland Avenue is a renovated two-bedroom, two-bath condominium in a 1965 building. The corner residence features southeast exposure, expansive windows, treetop views, and an open living and dining arrangement. Its updated kitchen includes custom cabinetry, granite countertops, a tile backsplash, tile flooring, and stainless steel appliances. The primary suite accommodates a king-sized bed and includes an updated ensuite bath, while the second bedroom offers generous closet space. Two walk-in closets, custom millwork, recessed cove lighting, new HVAC units serving the living and dining areas, and wall-to-wall carpeting add to the interior features.
Building amenities include a swimming pool, elevator, remodeled lobby, front desk service, gazebo, and parking. All utilities except electricity are included in the monthly condominium fee. The property is near the shops, services, and restaurants of Roland Park and Hampden, with access to I-83.
Building amenities include a swimming pool, elevator, remodeled lobby, front desk service, gazebo, and parking. All utilities except electricity are included in the monthly condominium fee. The property is near the shops, services, and restaurants of Roland Park and Hampden, with access to I-83.
Key Highlights
- Two‑bedroom, two‑bath condominium in a 1965 building
- Corner unit with southeast exposure, expansive windows, and treetop views
- Updated kitchen with custom cabinetry, granite counters, tile finishes, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,497
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,940
$349.9K
Cap Rate 7%
$249,957
$250.0K
Cap Rate 9%
$194,411
$194.4K
Market Conditions
NOI Build-Up for 1,343 SF
Gross rent
$33.8K $25.20/SF
− Vacancy
−$2.0K −$1.51/SF
EGI
$31.8K $23.69/SF
− OpEx
−$14.3K −$10.66/SF
NOI
$17.5K $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%
$349,940
Cap Rate 7%
$249,957
Cap Rate 9%
$194,411
Alternative Uses
Best Use
Apartment 5plus
$250.0K
$218.7K – $291.6K
NOI $17,497 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$321.7K
$281.5K – $375.4K
NOI $22,522 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
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 - Spacious two-bedroom condominium with updated finishes, abundant natural light, and access to building amenities.
Where is this residential income property located?
The property is located at 4401 ROLAND AVENUE Unit 415 Baltimore, MD.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bath condominium in a 1965 building; Corner unit with southeast exposure, expansive windows, and treetop views; Updated kitchen with custom cabinetry, granite counters, tile finishes, and stainless steel appliances
