2424 E FAYETTE STREET, BALTIMORE, MD 21224

$489,000

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… Read More 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! Read Less

Courtesy of Regina Trakhtman, Monument Sotheby's International Realty [email protected]

Listing Snapshot

Days Online

Last Updated

Jan 30, 2025

Property Type

Townhouse

Beds

Full Baths

Square Ft.

3,540

Lot Size

0.08 Acres

Year Built

1880

MLS Number

MDBA2154236

30 Days Snapshot Of 21224

$308k

+3%

(avg) sold price

-53%

homes sold

+21%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Built-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 Refrigerator, Icemaker, Instant Hot Water, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Hookups Only, Washer/Dryer Stacked, Water Heater, Water Heater - High-Efficiency, Water Heater - Tankless

Basement

Daylight, Full, Connecting Stairway, Full, Fully Finished, Heated, Improved, Interior Access, Rough Bath Plumb, Space For Rooms, Sump Pump, Water Proofing System

Building

3,540 sqft living area, 2,980 sqft above grade (finished), 560 sqft below grade (finished), Built in 1880, Major renovation in 2021, Structure Type: End of Row/Townhouse, Wall & Ceiling Types: 9'+ Ceilings, Brick, Cathedral Ceilings, Dry Wall, High, 2 levels in building, 3 levels, Colonial, Brick

Cooling

Central Air, Electric, Central A/C, Heat Pump(s), Energy Star Cooling System, Programmable Thermostat

Doors

Insulated, Six Panel, Storm

Accessibility Features

Level Entry - Main, Doors - Lever Handle(s), Other

Exterior Features

Sidewalks, Street Lights

Fees

Ground Rent Pymnt Freq: Annually

Floors

Carpet, Ceramic Tile, Fully Carpeted, Tile/Brick

Foundation

Concrete Perimeter, Block, Permanent, Slab, Stone, Wood

Heating

Electric, Forced Air

Interior Features

Breakfast 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 - Efficiency, Kitchen - Island, Kitchen - Table Space, Laundry Chute, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower

Lot

3,360 sqft, 0.08 acres, Corner

Energy Saving

Appliances, HVAC, Lighting, Utility Smart Meter-Electric, Utility Smart Meter-Water

Parking

Free, Parking Fee, Public

Property

Other Structures: Above Grade, Below Grade, Outdoor Living Structures: Brick, Deck(s), Roof, View: City, Street

Roof

Fiberglass, Flat, Wood

Sewer

Public Sewer

Taxes

City/Town Tax: $1,688, City/Town Tax Pymnt Freq: Annually, County Tax: $84, County Tax Pymnt Freq: Annually, Tax Annual Amount: $1,772, Tax Year: 2024

Utilities

Electric Service: 110 Volts, Hot Water: Electric, Instant Hot Water, Tankless, Electric Available, Sewer Available, Water Available

Windows

Insulated, Vinyl Clad, Wood Frame

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