15 Sollers Point Rd - Apartments FOR SALE


Dundalk, MD 21222
$375,000 USD
410-977-4711
15 Sollers Point Rd, Dundalk, MD for Sale
$375,000 USD
Apartments - FOR SALE
1/74
null | Request Cap Rate

15 Sollers Point Rd
Dundalk, MD 21222


OVERVIEW

LIST PRICE IS OPENING BID AT ONLINE AUCTION TO BE CONDUCTED ON AUCTIONEER'S WEBSITE. LINK TO ONLINE AUCTION: https://realestate.alexcooper.com/auction-property/1-DE6AFC *LEAD FREE* Four-Unit Investment Opportunity in Dundalk CALLING ALL BUYERS~ Excellent opportunity to acquire a LEAD FREE four-unit multifamily property in Dundalk with a desirable unit mix, significant recent capital improvements, and potential for increased rental income. The property consists of three 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, offering a diversified mix that appeals to a broad range of tenants. Recent improvements provide investors with valuable peace of mind and help position the property for continued income production. The property features four new HVAC units installed in 2025, four new water heaters installed in 2025, and a new roof installed in 2025. The basement has also been waterproofed, adding valuable storage and utility space. Additional features include five separate electric meters and a large yard with substantial additional storage potential. The expansive exterior space provides an opportunity to enhance storage capabilities and potentially create additional income-generating opportunities, subject to applicable approvals and regulations. Located in an established Dundalk community with convenient access to major roadways, shopping, dining, employment centers, and surrounding Baltimore County and Baltimore City destinations, 15–17 Sollers Point Rd. offers investors the opportunity to acquire a multifamily asset with a strong combination of recent improvements, and future upside potential. Configured As: Main Level - 2 Units • 15 Sollers Point Rd. Unit 1 (Vacant) -Kitchen -Living Area -Dining Area -1bd/1ba -Front Porch Access -Back Porch • 17 Sollers Point Rd. Unit 1 (Vacant) -Kitchen -Living Area -Dining Area -2bd/1ba -Front Porch Access -Back Porch Upper Level - 2 Units • 15 Sollers Point Rd. Unit 2 (Vacant) -Kitchen -Living Area -Dining Area -2bd/1ba -Rear Balcony • 17 Sollers Point Rd. Unit 2 (Rented) -Kitchen -Living Area -Dining Area -2bd/1ba -Rear Balcony Property Highlights • 4 Unit Building in Baltimore County • (3) Two-Bedroom / 1-Bath Units • (1) One-Bedroom / 1-Bath Unit • Lead-Free • 4 New HVAC Units – 2025 (per seller) • 4 New Water Heaters – 2025 (per seller) • New Roof – 2025 (per seller) • Waterproofed Basement (per seller) • 5 Electric Meters • Large Yard with Additional Storage Potential • Opportunity for Increased Rental Income Buyer to independently verify all information, including zoning, permitted uses, rental licensing, occupancy, leases, rents, utilities, square footage, storage use, and any potential for additional income or improvements. Buyer is responsible for conducting all due diligence and determining the property's suitability for their intended use. The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information. Diligence Package: Copy of the purchase and sale agreement, Lead certificates, lease agreement, & assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement. Auction Notes: Online Auction Only! Bidding begins Friday, September 18, and ends Wednesday September 23, 2026 at 1:00 PM Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

4

PRICE/UNIT

$93,750

CAP RATE

Request Cap Rate

% LEASED

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

*LEAD FREE* Four-Unit Investment Opportunity

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1869

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

DR 5.5

APN/PARCEL ID

12-1212061552

ASK ABOUT THIS PROPERTY

Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

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Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.