Traditional, Side-by-Side, Unit/Flat
1051-1053 DESOTO ROAD
BALTIMORE, MD 21223
MLS#: MDBA2212750
$399,000
Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1942
Sq.Footage
2,432
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.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2432.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Balcony, Rain Gutters
-
Parking
Concrete, On Street, Assigned, Private, Attached Carport, Attached
-
Patio and Porch Features
Deck, Patio, Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Street
Area & Lot
-
Lot Size(acres)
0.14
-
Lot Size(square feet)
6003.0
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Traditional, Side-by-Side, Unit/Flat
Price
-
Sales Price
$399,000
-
Tax Amount
$2,429
-
Zoning
Zoning believed to be R-6 per seller records. Buyer to verify zoning, permitted use, and rental compliance with Baltimore City
-
Sq. Footage
2, 432
-
Price/SqFt
$164
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar, Concrete Perimeter
-
Sewer
Private Sewer
-
Tax Lot
048Q
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Minerick , Homecoin.com
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AGENT
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