Larry Levin, Realtor
BEDS0
BATHS
SQUARE FEET2,432
MLS#MDBA2212750
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMORRELL PARK
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Rear Entrance, Walkout Stairs, Sump Pump, Walkout Level, Poured Concrete, Partial, Unfinished, Outside Entrance
Basement: Yes
Cooling: Ceiling Fan(s), Window Unit(s)
Fuel Type: Natural Gas
Heating: Forced Air, Central
Home Style: Traditional, Side-by-Side, Unit/Flat
Lot Size: 0.14 Acres
Roof Type: Flat, Asphalt
Taxes: $2,429
Year Built: 1942
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Refrigerator, Oven/Range - Gas
Days on Site: 19
Electric: 100 Amp Service
Exterior: Sidewalks, Gutter System
Exterior: Brick, Masonry
Flooring: Hardwood, Laminated, Carpet
Lot Dimensions: 0.14 Acre(S)
Municipality: Baltimore City
One Bedroom Units: 3
Parking Notes: Assigned, Public, Private, Free, Fenced, Concrete Drive
Sewer: Private Sewer
Special View Info: Street
Structure Type: End of Row/Townhouse
Total Garage/Parking Spaces: 4
Two Bedroom Units: 1
Units: 4
Utilities: Water Available, Natural Gas Available
Water: Public
Windows: Insulated, Screens, Sliding
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Homecoin.com
Agency Phone: 8884002513
Shown By
Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark
Estimate Your Payment
Estimated Payment
$ 1,158.97 per month $845.72 Principal & Interest $202.42 Property Tax $110.83 Homeowner's InsuranceChange Payment Information
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1051-1053 Desoto Road | MLS# MDBA2212750
This multi-family property located at 1051-1053 Desoto Road, Baltimore, MD 21223 is currently listed for sale with an asking price of $380,000. 1051-1053 Desoto Road is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.livelovephilly.com today.