Federal
114 CONDUIT STREET
ANNAPOLIS , MD 21401
MLS#: MDAA2086200
$1,550,000
Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1800
Sq.Footage
2,620
3 homes in 1 !! This historic property presents a lucrative investment opportunity, comprised of distinct income generating components-three rental apartments plus an off street parking space. The property is a perfect turn key opportunity for owner occupancy, long term rental and short term rental. These rental units are ready to go on the market and ready to be rented. No stone has been unturned. You won't need to do anything to these units !! The first level features 2 bedrooms and 1 bath, a light filled living room, and great kitchen. All the comforts you'll need in downtown Annapolis. Gas heat and cooking, new A/C in 2023 and updated kitchen (2023) and bath. Full size washer and dryer. Solid wood flooring and fresh paint make this move in ready. Go outside to the separate entrance and you'll find 2 one bedroom 1 bath apartments, fully remodeled and ready to go. Each apartment has new Carrier split duct cooling and heating systems (2024), new appliances and have been freshly carpeted and painted. The units share a stackable washer/dryer. The possibilities of this building are endless. Currently, the downstairs 2 bedroom unit is a profitable short term rental and the 2 upper units are licensed long term rentals. The building is vacant so the skies the limit on how you decide to use this building. Each apartment is separately metered. Basement has storage. Situated in the heart of it all. Walk to everything. Main Street is 2 blocks, Eastport is a short walk. Marinas, restaurants, shopping and schools all within walking distance. Recently painted inside and out, roof re-coated and sealed (May 2024) the house is lovingly maintained. Hurry, this incredible investment will not last !!
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
2620.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Heat Pump
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Other, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Shingle Siding
-
Parking
Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Federal
Price
-
Sales Price
$1,550,000
-
Tax Amount
9203.32
-
Zoning
Check City zoning maps and descriptions
-
Sq. Footage
2, 620
-
Price/SqFt
$591
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
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Location
County
ANNE ARUNDEL
Elementary School
Middle School
High School
Listing Courtesy of Victor Pascoe , Keller Williams Select Realtors
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