Contacts
Justin Verner
Harbor Stone Advisors
Brooks Healy
Harbor Stone Advisors
Tom Wohlgemuth
Harbor Stone Advisors
Shana Sabie
Harbor Stone Advisors
Todd Galvin
Harbor Stone Advisors
Property Details
- 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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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
Attachments
Getting around
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Location
- City Baltimore, MD
- Neighborhood Fells Point
- Zip Code 21231
- Market Baltimore
Points of Interest
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Johns Hopkins Hospital
0.91 miles
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Shot Tower
1.01 miles
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Charles Center
1.39 miles
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Camden Street
1.69 miles
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Baltimore Arena
1.70 miles
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Camden Station
1.71 miles
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Stadium / Federal Hill
1.77 miles
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Lexington Market
1.84 miles
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Mount Vernon
1.88 miles
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Baltimore Penn Station
2.13 miles
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Shell
0.45 miles
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Mystik
0.62 miles
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Citgo
0.67 miles
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Sunoco
0.69 miles
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US Fuel
0.76 miles
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BP
0.79 miles
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Eagle
1.05 miles
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Marathon
1.10 miles
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Maryland Science Center
1.29 miles
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Tesla Supercharger
1.32 miles
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Union Wharf Garage
0.30 miles
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Caroline Street Garage
0.52 miles
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Fleet & Eden Garage
0.52 miles
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Church Garage
0.60 miles
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Kennedy Krieger Garage
0.61 miles
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Little Italy Garage
0.64 miles
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Washington Hill Lot
0.64 miles
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Orleans Street Garage
0.70 miles
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Da Mimmo Parking
0.78 miles
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Jefferson Street Lot
0.79 miles
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Sagamore Pendry Baltimore
0.36 miles
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The Inn at Henderson's Wharf
0.39 miles
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Admiral Fell Inn
0.40 miles
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The Inn at the Black Olive
0.52 miles
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Hyatt Place Baltimore/Inner Harbor
0.59 miles
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Tru
0.59 miles
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Courtyard
0.65 miles
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Hilton Garden Inn
0.74 miles
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Homewood Suites
0.75 miles
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Four Seasons
0.80 miles
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Safeway
0.61 miles
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Whole Foods Market
0.61 miles
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Save-A-Lot
0.94 miles
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Burlington
1.03 miles
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24-Seven Grocery Inc.
1.03 miles
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Marshalls
1.04 miles
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ALDI
1.10 miles
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Labodega Deli & Grocery
1.12 miles
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Hye's Grocery
1.14 miles
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Corona Grocery
1.16 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.