Welcome to Tolson Manor - Two buildings - FULLY RENTED, 14-unit apartment complex. Nine 1 Bed/1 Bath 700 sq.ft. apartments and Five 300 sq.ft. Efficiencies.

• Approximately $12,000 monthly rental income.
• 100% occupied for the past 4 years. (Homesale.plus has NOT received copies of the leases.)
• Mix of Section 8 / Standard rent.
• Property has been well maintained and robust infrastructure.
• Front building equipped with solar panels to offset BGE costs.
• Potential for rental increases with current rent levels.
• Safe residential neighborhood with convenient and easy access to major highways and shopping.

For information regarding the property, please call Justin Brewer at 443-336-8423 or Justin@baltimorerealty.net. To speak with a HOMESALE.PLUS representative about auction procedures, please call 410-441-5443 or help@homesale.plus.

OPEN HOUSE DATES
Wednesday, February 15, 2023 and Saturday, February 18, 2023: 12 Noon - 2:00 pm
Wednesday, February 22, 2023: 12 Noon - 2:00 pm

Bidding will open at 12 Noon on Wednesday, February 22, 2023 and close at 4:00 PM on Friday, February 24, 2023.

Additional Auction Terms:

• 10% buyer's premium will be added to the winning bid.
• Property is sold AS-IS, no inspection contingency.
• No financing contingency.
• Buyer pays all transfer & recordation taxes.
• $100,000 Earnest Money Deposit due at contract execution.