Annapolis, MD 21401,114 CONDUIT ST
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Annapolis, MD 21401,114 CONDUIT ST
Annapolis, MD 21401,114 CONDUIT ST
Annapolis, MD 21401,114 CONDUIT ST
Annapolis, MD 21401,114 CONDUIT ST

$1,450,000

Est. payment /mo

$1,550,000

6.5%
Est.Price: ?

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114 CONDUIT ST Annapolis, MD 21401

2,620 SqFt

SOLD DATE : 06/20/2024

Key Details

Sold Price $1,450,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,620 sqft

Price per Sqft $553

Subdivision Historic District

MLS Listing ID MDAA2086200

Style Federal

Year Built 1800

Annual Tax Amount $9,203

Tax Year 2024

Lot Size 1,600 Sqft

Property Description

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 !!

Location

State MD

County Anne Arundel

Zoning C1

Interior

Hot Water Electric

Heating Other, Heat Pump(s), Forced Air

Cooling Heat Pump(s), Ductless/Mini-Split

Equipment Dishwasher

Exterior

Utilities Available Cable TV Available

Water Access N

Building

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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Bright MLS (BMLS)
Listed by Victor Pascoe • Keller Williams Select Realtors
Bought with Rick J Mudd • RE/MAX Executive

Jason Gareau

Broker

+1(609) 929-4486

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