RevereCRE

2001 Eastern Auction

Deal Type: Acquisition

Risk Profiles: Core, Value-Add

Property Types: Multifamily, Mixed Use

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2001 Eastern Ave. | Baltimore, MD 21231

2001 EASTERN

Opportunity to Acquire a Renovated Asset with Further Value-Add Potential in Southeast Baltimore

Online Auction Bidding Opens: Thursday, October 30, 2025 @ 12 PM EST with $500,000 Opening Bid

Guided Tour: Thursday, October 30, 2025 @ 10 AM EST

Online Auction Bidding Closes: Tuesday, November 4, 2025 @ 12 PM EST

2001 Eastern Ave. | Baltimore, MD 21231

 

Harbor Stone Advisors, in cooperation with Alex Cooper, are 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 at least $200 higher on average.

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 at least $200 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

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