$937,000
$895,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
118 CONDUIT ST Annapolis, MD 21401
3 Beds
2 Baths
1,950 SqFt
Key Details
Sold Price $937,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $480
Subdivision Historic District
MLS Listing ID MDAA2037564
Style Colonial
Bedrooms 3
Full Baths 2
Year Built 1870
Annual Tax Amount $8,979
Tax Year 2015
Lot Size 3,689 Sqft
Property Description
Beautifully restored and maintained home in downtown Historic district is actually two separate homes in one !! Excellent and proven investment potential. Many possibilites to rent out both units, rent one unit full time and the other as AirBnB, live in one, rent out the other.....or combine for a larger single family home. (A lockable door separates each unit) Currently operates as a licensed AirBnB on the lower level, and licensed rental on the upper level bringing in $55K per year. Many new features in the home include new roof, new porch floor, new privacy fence and gates, rear patio privacy screen and all windows have working spring window sash pulleys. Upper apartment includes new ductless mini-split cooling and heating system throughout, new bathroom vanity and lighting, new carpet over hardwood floors, new washer/dryer, new disposal in kitchen. Also in the upper apartment there is a loft on the third floor with new ductless mini-split cooling and heating system and new lighting. Lower apartment has new ductless mini-split duct heating and cooling system , new heart pine floors in the bedroom, new kitchen countertop, new sink and faucet in kitchen, new super quiet disposal, new toilet, new shower tile and hardware, custom window treatments and a stack washer/dryer. Both units are serviced by separate tankless water heaters (recently added) for radiator heat and hot water. In addition to the mini-splits, the units have radiant heat. Each unit is separately metered for gas and electric, and separate postal address (118 and 118 1/2) (Please note, sometimes 3rd party websites treat 118 and 118 1/2 as separate properties, but they are not) Huge backyard is shared by both units. Fully fenced and landscaped. Basement has new lighting. If you are looking for a turnkey AirBnB, sellers willing to entertain offers on most of the furniture and appointments including patio furniture, potted plants and statuary. This home is in walking distance to City Dock which is scheduled to be rebuilt into a fantastic public space that will surely be a huge amenity for Annapolis. The City parking garage is also being rebuilt just a block away and monthly passes are approximately $150 per space. Look on the City's website for more details about these exciting enhancements. www. Annapolis.gov Quiet street close to shopping, dining, City Dock, public transportation, marinas, churches, St. John's, the Naval Academy and City and County offices. Street end water access as well near Acton's Cove Waterfront Park. Commuter bus to D.C. and County and City buses pick up within walking distance. Two family homes downtown are scarce and rarely become available. If you are looking for a fantastic place to live with the potential for rental income, look no further !!!
Location
State MD
County Anne Arundel
Zoning RESIDENTIAL
Rooms
Other Rooms Living Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Foyer, Bedroom 1, Laundry, Full Bath
Interior
Hot Water Natural Gas, Tankless
Heating Zoned
Cooling Ductless/Mini-Split
Equipment Dryer, Microwave, Refrigerator, Stove, Washer, Water Heater, Water Heater - Tankless
Exterior
Exterior Feature Porch(es), Patio(s)
Water Access N
View Garden/Lawn
Building
Lot Description Landscaping
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Anne Arundel County Public Schools
Others
Special Listing Condition Standard
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Bought with Sarah Greenlee Morse • TTR Sotheby's International Realty