2424 East Fayette Street

Baltimore, MD 21224

$499,000
Price
5
Beds
3
Baths
3,540 Sq. Ft.
$141 / Sq. Ft.
3,540
Sq. Ft.
$141
per Sq. Ft.

Description

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....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!
  1. Listed by Regina Trakhtman • Monument Sotheby's International Realty
    P: (443)-472-8556 rtrakhtman@gmail.com
  2. Listed by Paul A Sudano • Monument Sotheby's International Realty
    P: (410)-456-8449 paul.sudano@monumentsothebysrealty.com

Property Details for 2424 East Fayette Street

Tax ID Number
0306031690 065
Ownership
Ground Rent
Structure Type
End of Row/Townhouse
Style
Colonial
Waterfront
No
Views
City, Street
Garage
No
Subdivision
NONE AVAILABLE
LISTING UPDATED: 11/23/2024 03:20 PM

Property Details for 2424 East Fayette Street

StatusActive
MLS #MDBA2147332
Days on Market33
Taxes$1,772 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Ground Rent
Year Built1880
Lot Size0.08 AC / 3,360 SF
CountyBaltimore Independent City

Building Information for 2424 East Fayette Street

Stories-Residences2Year Built1880Building Size-Lot Size0.08 AC / 3,360 SF

Property Information for 2424 East Fayette Street

Location
Location
  • In City Limits: No
  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
  • School District County ID: 121137830454
  • SchoolDistrictSource: Listing Agent
  • County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $75,100
  • Year Assessed: 2024
  • County Tax: $84
  • Improvement Assessed Value: $13,100
  • City Town Tax: $1,688
  • Land Assessed Value: $60,000
  • Clean Green Assessed: No
  • Land Use Code: R
  • Section: 03
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: R-8
  • Tax Lot: 065
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
  • Units Furnished: None
Multi Family
Unit 1
  • Type: Unit 1
  • Beds Total: 3
  • Full Baths Count: 2
  • Unit Type Features: basement with den and laundry/rec room included
Unit 2
  • Type: Unit 2
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: roof top access
Building Info
Green Info
  • Green Energy Efficient: Appliances, HVAC, Lighting, Utility Smart Meter-Electric, Utility Smart Meter-Water
Building Info
  • Year Major Reno Remodel: 2021
  • Building Level Count: 2
  • Building Units Total: 2
  • Total Finished SQFT: 3,540.00
  • Total Finished SQFT Source: Estimated
  • Total SQFT: 3,540.00
  • Total SQFT Source: Estimated
  • Construction Materials: Brick
  • Roof: Fiberglass, Flat, Wood, Other
  • Wall and Ceiling Types: 9'+ Ceilings, Brick, Cathedral Ceilings, Dry Wall, High
  • Flooring Type: Carpet, Ceramic Tile, Fully Carpeted, Tile/Brick
  • Basement Type: Daylight, Full, Connecting Stairway, Full, Fully Finished, Heated, Improved, Interior Access, Rough Bath Plumb, Space For Rooms, Sump Pump, Water Proofing System
  • Foundation Details: Concrete Perimeter, Block, Permanent, Slab, Stone, Wood, Other
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Corner
  • Location Type: Corner Lot/Unit
  • Parcel ID: 12913652
  • Ground Rent Amount: $120
  • Ground Rent Payment Frequency: Annually
  • Capitalized Value-Ground Rent: $1,200
  • Ground Rent Years Remaining: 120
Parking
Parking
  • Type Of Parking: Off Site, Off Street, On Street, Other
  • Parking Features: Free, Parking Fee, Public
Interior Features
Interior Features
  • 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, Other
  • Fireplace: No
  • Appliances: 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
  • Accessibility Features: Level Entry - Main, Doors - Lever Handle(s), Other
  • Security Features: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Door Features: Insulated, Six Panel, Storm
  • Window Features: Insulated, Vinyl Clad, Wood Frame
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks, Street Lights, Other
  • Outdoor Living Structures: Brick, Deck(s), Roof
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Electric Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: Central A/C, Heat Pump(s), Energy Star Cooling System, Programmable Thermostat
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Electric, Instant Hot Water, Tankless
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 110 Volts
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 2424 East Fayette Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2424 East Fayette Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,749 ($146 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,240 SqFtFinished Basement SqFt560 SqFtStories2Lot Size1,120 SqFtStyleTownhouseYear Built1880ZoningR-8CountyBALTIMORE CITYAPN06-03-1690 -065Fireplace TypeHas Fireplace

Schools near 2424 East Fayette Street

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Commodore John Rogers Elementary School
PublicPK to 8

Booker T. Washington Middle School
Public6 to 8

Digital Harbor High School
Public9 to 12

Patterson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2424 East Fayette Street is a multi-family home for sale in Baltimore, MD 21224. This property was listed for sale on November 19, 2024 by Monument Sotheby's International Realty, it's currently listed at $499,000. It has been on the market for a total of 33 days and was last sold on September 13, 2024. This listing's school district is Baltimore City Public Schools. Nearby schools include Commodore John Rogers Elementary School, Booker T. Washington Middle School and Digital Harbor High School. 2424 East Fayette Street is a 5-bed, 3-bath, 3,540 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Monument Sotheby's International Realty

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/23/2024 03:20 PM