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About the Listing HMECOIN1 - 3321143
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.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
MDBA2212750
Year Built
1942
Total Square Footage
2,432
Lot/Acreage
0.14
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances: Refrigerator, Oven/Range - Gas
- Air Cond: Ceiling Fan(s),Window Unit(s)
- Heating: Forced Air,Central
- Fireplaces:
- Floor: Hardwood,Laminated,Carpet
- Above Ground Sq Ft: 2432
- Below Ground Sq Ft: 0
- Basement: Rear Entrance,Walkout Stairs,Sump Pump,Walkout Level,Poured Concrete,Partial,Unfinished,Outside Entrance
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 49x122'6
- Zoning: Zoning believed to be R-6 per seller records. Buyer to verify zoning, permitted use, and rental compliance with Baltimore City
- Roof: Flat,Asphalt
- Others: Sidewalks,Gutter System,Excellent
- Sewer: Private Sewer
- Parking Features: Assigned,Public,Private,Free,Fenced,Concrete Driveway,On Street,Attached Carport,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $2,429
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1051 1051-1053 Desoto Rd Baltimore, MD 21223
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