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114 Conduit Street, Annapolis, MD 21401
$1,450,000
114 Conduit Street, Annapolis, MD 21401View this property at 114 Conduit Street, Annapolis, MD 21401
114 Conduit StreetAnnapolisMD21401
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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 !!
Full Property Details
Full Property Details for 114 Conduit St
General
- Sold For: $1,450,000
- Taxes: $9,203 (2024)
- Status: Closed
- Type: Triplex
- Source: BrightMLSMidAtlantic
- MLS ID: MDAA2086200
- Added to Site: 128 day(s) ago
Interior
- Interior Features: Kitchen - Country, Kitchen - Table Space
- Appliances: Dishwasher
Parking
- Parking Type: Off Street
Location
- Municipality: ANNAPOLIS
- County: Anne Arundel
- Development Name: Historic District
- Subdivision: Historic District
- Driving Directions: Duke of Gloucester to right on Conduit. House is on left. Parking pad on Union Street at rear of 114 Conduit.
- City Limits: Yes
School Information
- School District: Anne Arundel County Public Schools
Heating & Cooling
- Cooling Type: Heat Pump(s), Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Other, Heat Pump(s), Forced Air
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- Architectural Info: Federal
- Architectural Style: Federal
- Structure Type: Detached
- Construction: Shingle Siding
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Front Entrance, Partial
- Foundation: Brick/Mortar
- Stories/Levels: 0
- Square Feet: 2,908
- Sq. Ft. Source: Estimated
- Living Area: 2,620 Sq. Ft.
- Year Built: 1800
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,600
- Lot Size Source: Estimated
- Zoning: C1
Financial Considerations
- Price Per Sq. Ft.: $591.6
- Assessment Year: 2002
- City/TownTax: $9,203
- City/TownTax Freq: Annually
- Tax w/Assessment: $515,580
- Tax Amount: $9,203
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 114
Listed by Keller Williams Select Realtors, Victor Pascoe
Sold by RE/MAX Executive, Rick J Mudd
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Schools
Schools serving 114 Conduit St
School District:Anne Arundel County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
180 Green St, Annapolis, MD 21401 | PK-5 | 0.2 mi | |
701 Chase St, Annapolis, MD 21401 | 6-8 | 0.8 mi | |
2700 Riva Rd, Annapolis, MD 21401 | 9-12 | 4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 114 Conduit St
Date
Details
Price
Change
Source
6/20/2024
Sold
$1,450,000
-6.45%
MLS
5/31/2024
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
114 Conduit Street, Annapolis, MD 21401 (MLS# MDAA2086200) is a Triplex property that was sold at $1,450,000 on June 20, 2024. Want to learn more about 114 Conduit Street? Do you have questions about finding other Triplex real estate for sale in Annapolis? You can browse all Annapolis real estate or contact a Coldwell Banker agent to request more information.