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2424 E Fayette St

$499,000

2424 E Fayette St, Baltimore, MD 21224

For Sale

MLS® ID: MDBA2147332

  • 5 BEDROOMS
  • 3,360 Sq.Ft.
  • 3,540 Sq.Ft.
  • 1880 BUILT

Property Details

**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!

Open House Hours

11/23/2024, 12:00 PM - 2:00 PM

Regina Trakhtman

LISTING AGENT

Paul Sudano

LISTING AGENT

Amenities

Interior

  • total bedrooms 5
  • Flooring Carpet Ceramic Tile
  • Appliances Dishwasher Disposal Dryer Refrigerator Washer Ice Maker Microwave Oven Gas Oven Gas Range Electric Water Heater Range
  • other interior Features Eat-in Kitchen Kitchen Island Cathedral Ceiling(s)

Exterior & Building

  • Stories 2
  • water Source Public
  • roof Wood Fiberglass
  • lot features Corner Lot
  • parking Off Street On Street
  • Heat Type Heat Pump Forced Air Electric
  • Air Conditioning Central Air
  • sewer Public Sewer
  • Substructure Slab
  • security Features Smoke Detector(s)

Financial Details

  • Sales Price $499,000
  • Real Estate Tax $1,772/yr

Area & Lot

  • Status For Sale
  • Open House 11/23/2024, 12:00 PM - 2:00 PM
  • Living Area 3,540 Sq.Ft.
  • Lot Area 3,360 Sq.Ft.
  • MLS® ID MDBA2147332
  • Type Multi-Family
  • Year Built 1880
  • Architecture Styles Colonial
  • View Description City Street
  • School District BALTIMORE CITY PUBLIC SCHOOLS
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