1051-1053 DESOTO Road
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.
Broker Details
homecoin.com (888) 400-2513
MLS ID: 65028 State License Number: 995713977
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $370,000 |
| No. of Units: | 4 |
| Year Built: | 1942 |
| Lot Size: | 2,432.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $92,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-MDBA2212750
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