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About the Listing ACAI1 - 31302
List price is opening bid at Online Auction. Bidding begins Saturday, July 15th and ends Monday, July 20, 2026 at 11:00 AM. 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.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
MDBA2221630
Year Built
1920
Total Square Footage
7,920
Lot/Acreage
0.08
County
Baltimore City
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 9
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 7920
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: C-1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,260
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1748 1748-1750 Eastern Ave Baltimore, MD 21231
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