Christina Knott, Listing Office: Cummings & Co. Realtors
$5,807
closing credit¹
2424 E Fayette St Baltimore, MD 21224
Property details
About 2424 E Fayette St
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!
Highlights
(ACTIVE)
Summary
- MLS Number: MDBA2154236
- MLS Name: BRIGHT
- Office Name: Monument Sotheby's International Realty
- Office Phone: (443) 906-3840
- Listing Agent: Regina Trakhtman
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Last updated on: 1/31/2025, 10:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$489,000
2424 E Fayette St
$5,807
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 16, 2019 | Home Sold | $90,000 |
Jan 26, 2007 | Home Sold | $212,500 |
May 06, 2005 | Home Sold | $60,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $75,100 | $1,748 |
2023 | $74,100 | $1,748 |
2022 | $73,100 | $1,725 |
2021 | $72,967 | $4,325 |
2020 | $72,833 | $1,718 |
2019 | $72,700 | $4,486 |
2018 | $183,267 | $4,325 |
2017 | $175,533 | $4,142 |
History based on county public records data.
Nearby schools
1
William Paca Elementary School
Public District PK-5
0.2 mi
•200 N Lakewood Ave
2
Wolfe Street Academy
Public Charter PK-5
0.6 mi
•245 S Wolfe St
1
Dr. Bernard Harris, Sr. Elementary School
Public District PK-5
1.2 mi
•1400 N Caroline St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,929. Residents of Baltimore, MD typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 2424 E Fayette St
This home is located at 2424 E Fayette St in Baltimore, MD and zip code 21224 in the Southeast neighborhood. This 3,540 square foot home, which was built in 1880, sits on a 0.08 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $489,000.
In December 2024, from all listings sold in Baltimore, MD there were more than 203 sold above asking price, over 226 sold below and more than 137 were sold right at the asked price. Between November and December 2024, Baltimore, MD real estate market has seen decrease in the number of listings by 0.9%. The median list price of listings available in December 2024 was $228,869, while the average time on the real estate market was 40 days.