Baltimore, MD 21224 2424 E Fayette Street

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Presented By: Monument Sotheby's International Realty
  • MLS# MDBA2147332
  • 11/19/2024
  • Request Tour
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  • Beds • 5

Home Details

Incredible Investment Opportunity in Baltimore! Perfect for investors looking for a sound investment that will generate income for years or a homeowner that wants to live in one apartment and rent out the other. Be prepared to be amazed with the beautiful renovation including exposed brick throughout, over 12' ceilings and tons of windows for natural light. Welcome to 2424 E Fayette Street, a high-quality, fully renovated (2020) end-of-group (EOG) brick townhouse. Located just two blocks from Patterson Park and less than a mile from Johns Hopkins, this property offers a prime location with modern updates and endless income potential. Featuring two fully separated apartments with private entrances and separate meters, this property is perfect for investors, owner-occupants, or short-term rental entrepreneurs. Unit A features 3 Bedrooms, 2 Full Baths, and a Flexible Lower Level. This expansive unit boasts a bright, open floor plan with exposed brick accents, high ceilings, and recessed lighting throughout. The large kitchen features granite countertops, a breakfast bar, stainless steel appliances, and 42-inch cabinets. Two large lower-level rooms offer flexibility as bedrooms (no windows), a family room, or office space, along with a full bathroom and laundry area. This unit previously rented for $1,880/month and can demand more. Unit B boasts 2 Bedrooms, 1 Full Bath and a Rooftop Deck! This charming second unit offers a stunning open floor plan with a well-appointed kitchen featuring granite countertops, brand-new stainless appliances, and 42-inch cabinets. Exposed brick, high ceilings, and recessed lighting create a modern yet inviting atmosphere. The unit includes two bedrooms, a ceramic-tiled full bath, and a conveniently located washer/dryer off the kitchen. A staircase leads to a private rooftop deck with breathtaking 360-degree city views, ideal for relaxation or entertaining. This unit also previously rented for $1,880/month and can generate more income at present day. Property Highlights include a fully renovated, turn key property with high-end finishes throughout. It can be used also as a short-term rental targeting travel nurses, doctors, and professionals. Walking distance to Patterson Park and easy access to Johns Hopkins, local amenities, and major commuter routes. There are separate entrances and meters for each unit. Dont miss this exceptional opportunity to own a move-in-ready, income-generating property in one of Baltimores most desirable locations. Whether you're looking for a steady rental income, short-term rental business, or multi-generational living, this property has it all. Check out the virtual tours and schedule your showing today!
Presented By: Monument Sotheby's International Realty

Interior Features for 2424 E Fayette Street

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
BasementDaylight, Full, Connecting Stairway, Full, Fully Finished, Heated, Improved, Interior Access, Rough Bath Plumb, Space For Rooms, Sump Pump, Water Proofing System
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringCarpet, Ceramic Tile, Fully Carpeted, Tile/Brick
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric, Instant Hot Water, Tankless
Interior AmenitiesBreakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Efficiency, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Effi
Total Stories2
Window FeaturesInsulated, Vinyl Clad, Wood Frame

General for 2424 E Fayette Street

Acceptable FinancingConventional, Negotiable, Cash, VA, Other
AccessibilityLevel Entry - Main, Doors - Lever Handle(s), Other
AppliancesBuilt-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Energy Efficient Appliances, ENERGY STAR Dishwasher, ENERGY STAR Clothes Washer, ENERGY STAR Refrigerat
Architectural StyleColonial
Association Recreation FeeN
CityBALTIMORE
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Heat Pump(s), Energy Star Cooling System, Programmable Thermostat
CountyBALTIMORE CITY
DirectionsSign on building
Electric110 Volts
Energy EfficientAppliances, HVAC, Lighting, Utility Smart Meter-Electric, Utility Smart Meter-Water
Garage Y/NNo
HeatingForced Air
Historic Y/NNo
Legal SubdivisionWard 6
Location TypeCorner Lot/Unit
Lot Size Square Feet3360.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-06T13:15:27
MunicipalityBaltimore City
New ConstructionNo
Number Of Units Total2
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipGround Rent
Patio/Porch FeaturesBrick, Deck(s), Roof
PossessionImmediate
Price Per Sq Ft Total AG154.03
Property SubtypeDuplex
Property TypeMulti-Family
RoofFiberglass, Flat, Wood, Other
School DistrictBALTIMORE CITY PUBLIC SCHOOLS
Section03
Security FeaturesCarbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Subdivision NameNONE AVAILABLE
Tax Annual Amount1772.0
Tax Assessed Value75100.0
Tax Lot065
Tax Year2024
Total Rooms5
Total SQFT3540
Two Bedroom1
UtilitiesElectric Available, Sewer Available, Water Available
Vacation Rental Y/NNo
ViewCity, Street
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1880
Year Built SourceEstimated
ZoningR-8

Exterior for 2424 E Fayette Street

Door FeaturesInsulated, Six Panel, Storm
Exterior AmenitiesSidewalks, Street Lights, Other
Foundation DetailsConcrete Perimeter, Block, Permanent, Slab, Stone, Wood, Other
Land Assessed Value60000.00
Land Use CodeR
Lot FeaturesCorner
Lot Size Acres0.08
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesFree, Parking Fee, Public
PoolNo Pool
SpaNo
Type of ParkingOff Site, Off Street, On Street, Other
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $459,000
MLS#MDBA2147332
List Date 11/19/2024
Property Type Multi-Family
Phone 703.929.4729
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