Active

2424 E Fayette St

Baltimore MD, 21224

$499,000


$140.96 per sqft

Active

5 Beds

3,540 sqft

Multi-family

Built in 1880

**OPEN HOUSE SATURDAY, NOVEMBER 23 12-2 PM***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. Don't miss this exceptional opportunity to own a move-in-ready, income-generating property in one of Baltimore's 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!

MDBA2147332

MLS ID

November 19, 2024

Listed

November 23, 2024

Updated

Map

2424 E Fayette St
Baltimore MD, 21224

Interior Features

Total Stories

2


Bedrooms

5


Interior Features

Eat-in Kitchen, Kitchen Island, Cathedral Ceiling(s)


Appliances

Dishwasher, Disposal, Dryer, Refrigerator, Washer, Ice Maker, Microwave, Oven, Gas Oven, Gas Range, Electric Water Heater, Range


Floor Description

Carpet, Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Heat Pump, Forced Air, Electric

Exterior/Building Features

Lot Size

0.08 Acres


Lot Features

Corner Lot


Architectual Style

Colonial


Roof

Wood, Fiberglass


Sewer

Public Sewer

School Information

School District

BALTIMORE CITY PUBLIC SCHOOLS

Other Property Details

Area Name

Baltimore City


Taxes

$1,772


Tax Frequency

Annually


Days on Market

5


Garage

No


Parking

Off Street, On Street


View

Yes


View Description

City, Street


County

BALTIMORE CITY


Water Source

Public


Pool

No

Listed by Monument Sotheby's International Realty
Listing Contact: 4434728556 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/23/2024 at 8:49 PM UTC

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