1051-1053 Desoto Rd, Baltimore, MD 21223
- $370,000
- 2,432
- SqFt
- List Price
- $370,000
- Price Change
- ▼ $10,000 1784238975
- MLS#
- MDBA2212750
- Year Built
- 1942
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,432
- County
- Baltimore City
- Subdivision
- Morrell Park
Property Description
Rare investment opportunity to acquire a contiguous 4-unit portfolio consisting of two side-by-side brick duplexes at 1051 and 1053 Desoto Rd in Baltimore’s Morrell Park area. This package generates combined gross monthly income of approximately $4,500, or approximately $54,000 per year, with immediate turn-key rental performance. The properties feature consistent occupancy, separately metered gas and electric, public water and sewer, solar energy service through Sunrun, and recent updates including flooring, interior paint, bathroom fixtures, and serviced HVAC systems. 1053 Desoto is an end-unit property, while 1051 Desoto is the adjoining center-unit property. The portfolio sits at the corner of Cowan Rd and Desoto Rd, with Desoto Rd located off Wilkens Avenue. The location is minutes from Ascension Saint Agnes Hospital, I-95, I-295, MARC access, and nearby commuter routes. Both properties offer private rear space and are being sold as-is. Lead Risk Reduction Certificates are available.
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Additional Information
- Other Structures
- Above Grade, Below Grade
- Style
- Traditional, Side by Side, Apartment
- Basement
- Exterior Entry, Walkout Stairs, Sump Pump, Walkout, Poured, Partial, Unfinished, Exterior Entry
- Cooling
- Ceiling Fan(s), Window/Wall
- Heating
- Forced Air, Central
- Water
- Public
- Possession
- Settlement
- Days on Market
- 100
- Acres
- 0.14
- Ownership
- Fee Simple