1051-1053 Desoto Rd, Baltimore, MD 21223

$370,000
: 2,432
SqFt

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List Price: $370,000
Price Change: ▼ $10,000 1784238949
MLS#: MDBA2212750
Year Built: 1942
Status: ACTIVE
Type: Multifamily
Living Area: 2,432
Total SqFt: 2432
County: Baltimore City
Subdivision: Morrell Park

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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.

410-721-6694

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Additional Information

Other Structures: Above Grade, Below Grade
Structure List: Above Grade, Below Grade
Style: Traditional, Side-by-Side, Unit/Flat
Basement: Yes
Cooling Fuel: None
Cooling: Ceiling Fan(s), Window Unit(s)
Heating Fuel: Natural Gas
Heating: Forced Air, Central
Hot Water: Natural Gas
Sewer Septic: Private Sewer
Water: Public
Tax Year: 2025
Possession: Settlement
Days on Market: 138
Acres: 0.14
Parking: Assigned, Public, Private, Free, Fenced, Concrete Driveway
Ownership: Fee Simple