Property
Beds
9
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
7,920
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.
Features & Amenities
Interior
-
Total Bedrooms
9
-
Bathrooms
N/A
-
Above Grade Finished Area
7920.0
-
Cooling YN
YES
-
Cooling
Other
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Other
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.08
-
Lot Size(square feet)
3300.0
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional
Price
-
Sales Price
$500,000
-
Tax Amount
$4,260
-
Sq. Footage
7, 920
-
Price/SqFt
$63
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
013
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Paul R Cooper , Alex Cooper Auctioneers, Inc.
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AGENT
Randy Perrell
Call Randy today to schedule a private showing.
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