1748-1750 Eastern Ave. 1748 Eastern Ave 7,920 SF 71% Leased Flex Building Baltimore, MD 21231 $710,615 CAD ($89.72 CAD/SF)

List price is opening bid at online auction.
Link to online auction: https://realestate.alexcooper.com/auction-property/1-CXP78T
Prime Investment Opportunity in Upper Fells Point
5 Residential Units | 2 Commercial Units | $9,654/month Gross Potential Monthly Rent (Based on Full Occupancy)
Held by the same family for over 70 years, this exceptional 3-story mixed-use building spans nearly 8,000 sq. ft. of above-grade space. Sitting on a prominent 3,300 sq. ft. corner lot, the property boasts visibility with frontage on Eastern Ave., S. Ann St., and Portugal St. (rear alley access).
The Value-Add Play: While currently generating robust income, a strategic renovation of the residential units offers massive upside to aggressively push rents and maximize your yield.
Property Highlights
• Prime Corner Location: High-visibility footprint with excellent exposure on Eastern Ave. and Ann St.
• Turnkey Utilities: Tenants pay their own way—separate gas and electric meters for all units. Landlord pays for hot and cold water.
• Flexible Zoning: Zoned C-1 (Neighborhood Commercial), perfectly suited for this high-demand corridor.
• Generous Footprint: Lot size is 30’ x 110’ (approx. 3,300 SF / 0.075 acre).
Rent Roll & Unit Breakdown
Unit A: 2-BR, 1-Bath Duplex, Vacant (Market Ready) $1,500/mo. (Projected)
Unit B: 2-BR, 1-Bath, Occupied (Long-Term Tenant) $1,000/mo.
Unit C: 1-BR, 1-Bath, Vacant (Market Ready) $1,350/mo. (Projected)
Unit D: 2-BR, 1-Bath, Leased $850/mo.
Unit E: 2-BR, 1-Bath, Occupied (Long-Term Tenant) $1,100/mo.
Commercial 1: Convenience Store, Occupied $2,209/mo.
Commercial 2: Nail Salon, Occupied $1,645/mo. Tenant pays for water.
TOTAL: 7 Units, Total Full Occupancy Potential $9,654 /month
The Neighborhood: Upper Fells Point
From LiveBaltimore website: "Nestled perfectly between historic Fells Point to the south and Butcher's Hill to the north, Upper Fells Point is one of East Baltimore's most vibrant and resilient rental markets.
Characterized by historic mid-1800s architecture, residents flock to this neighborhood for its rich cultural diversity, local ethnic restaurants, eclectic shops, and cozy neighborhood hangouts—all while being just steps away from the waterfront hustle and bustle of Fells Point."
Don't miss out on a real estate opportunity with immediate cash flow and proven upside.
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: A copy of the purchase and sale agreement, Lead Certificates, Leases, Rental License, and 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 Saturday, July 15th and ends Monday, July 20, 2026 at 11:00 AM.
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.