For Sale $1,339,200
Property Type Other
Property Size 5,268 SF
Units 5
Additional Rent Contact for pricing
Date Updated Nov 4, 2024

2001 Eastern Ave. | Baltimore, MD 21231

Harbor Stone Advisors is pleased to present the opportunity to acquire 2001 Eastern Ave., a renovated asset located in Southeast Baltimore City. The property is conveniently located between the Fells Point and Canton neighborhoods, and is just steps away from numerous shops, bars, and restaurants. 2001 Eastern Ave. features (4) 2 Br-1 Ba units and (1) commercial space. The commercial space is leased to Mid-Atlantic Spinal Rehab and Chiropractic through July 2027.

Prior ownership completed a renovation of the building in 2020 which included apartment renovations. Typical unit features consist of black/stainless steel appliances, granite countertops, wood cabinets, hardwood flooring, and in-unit washer/dryers. The opportunity exists for a new owner to organically increase rents as they are currently under market. Comparable properties in the area are achieving rents $300 higher on average.

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Attachments

2001eastern.sharplaunch.com (PDF) opens in new window

Highlights

Opportunity to Acquire a Renovated Asset in Southeast Baltimore
Features (4) 2 Br-1 Ba and (1) commercial space
Commercial space is leased to Mid-Atlantic Spinal Rehab and Chiropractic through July 2027
Current ownership completed a renovation of the building in 2020; typical unit features consist of black/stainless steel appliances, granite countertops, wood cabinets, hardwood flooring, and in-unit washer/dryers
Additional Value-Add Potential Exists to Further Increase Revenue
Opportunity exists for a new owner to organically increase rents as they are currently under market.
Comparable properties nearby are achieving rents $300 higher on average than the Subject property
Conveniently Located Between Fells Point and Canton
Ranked a Walker's Paradise by WalkScore, just steps away from retail, dining, and attractions
Major area employers nearby: Johns Hopkins Hospital, Morgan Stanley, Kennedy Krieger, Exelon
Major area colleges nearby: Johns Hopkins Schools of Medicine, Nursing, Public Health, and Business

Contacts

Location

Getting Around

Walk Score ®
99/100 Walker's Paradise
Transit Score ®
75/100 Excellent Transit
Bike Score ®
86/100 Very Bikeable

Map
Street

City Baltimore, MD
Neighborhood Fells Point
Zip Code 21231
Market Baltimore

Points of Interest

Johns Hopkins Hospital

0.91 miles
Shot Tower

1.01 miles
Charles Center

1.39 miles
Camden Street

1.69 miles
Baltimore Arena

1.70 miles
Camden Station

1.71 miles
Stadium / Federal Hill

1.77 miles
Lexington Market

1.84 miles
Mount Vernon

1.88 miles
Baltimore Penn Station

2.13 miles

Shell

0.45 miles
Mystik

0.62 miles
Citgo

0.67 miles
Sunoco

0.69 miles
US Fuel

0.76 miles
BP

0.79 miles
Eagle

1.05 miles
Marathon

1.10 miles
Maryland Science Center

1.29 miles
Tesla Supercharger

1.32 miles

Union Wharf Garage

0.30 miles
Caroline Street Garage

0.52 miles
Fleet & Eden Garage

0.52 miles
Church Garage

0.60 miles
Kennedy Krieger Garage

0.61 miles
Little Italy Garage

0.64 miles
Washington Hill Lot

0.64 miles
Orleans Street Garage

0.70 miles
Da Mimmo Parking

0.78 miles
Jefferson Street Lot

0.79 miles

Sagamore Pendry Baltimore

0.36 miles
The Inn at Henderson's Wharf

0.39 miles
Admiral Fell Inn

0.40 miles
The Inn at the Black Olive

0.52 miles
Hyatt Place Baltimore/Inner Harbor

0.59 miles
Tru

0.59 miles
Courtyard

0.65 miles
Hilton Garden Inn

0.74 miles
Homewood Suites

0.75 miles
Four Seasons

0.80 miles

Stuggys

0.07 miles
Johnny Rad's Pizzeria Tavern

0.08 miles
Get it Inn 2

0.09 miles
Ale Mary's

0.09 miles
Captain James Landing Restaurant

0.14 miles
The Sushi Place

0.16 miles
Darbar

0.16 miles
China House

0.17 miles
Sip & Bite

0.17 miles
Pierpoint Restaurant

0.18 miles

Holy Rosary School

0.06 miles
Wolfe Street Academy

0.20 miles
In2Lectuals

0.26 miles
The New Century School

0.27 miles
Saint Michaels School

0.40 miles
The Crossroads School

0.51 miles
Lombard Middle School

0.53 miles
Commodore John Rodgers Elementary & Middle School

0.55 miles
City Springs Elementary/Middle School

0.58 miles
Kennedy Krieger School

0.58 miles

Dynamic Deliverance Childcare Center

1.08 miles
Kiddie Academy

1.22 miles
Celebree

1.45 miles
Charles Plaza Child Care & Development

1.53 miles
Saint Vincent de Paul Head Start

1.56 miles
All My Children Child Care Center

1.61 miles
Dayspring Head Start Harford Heights

1.90 miles
Downtown Baltimore Child Care, Inc.

2.04 miles
Bolton Hill Nursery

2.37 miles
Bright Beginnings

2.53 miles

Frequently Asked Questions

How much does 2001 Eastern cost?

The space currently listed for sale at 2001 Eastern asks for $1,339,200.

What is the total square footage of 2001 Eastern?

2001 Eastern totals 5,268 square feet.

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