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$295,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,336 Sq. Ft.
  • Updated 4 days ago
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**Price Has Been Dropped By $15000.00. The New Price Is $295,000.00** Turnkey Investment Opportunity - 2 Bed, 2 Bath Condo with Tenant in Place + Rental Upside. Excellent opportunity for investors seeking immediate rental income with future growth potential. This well-maintained 2-bedroom, 2-bathroom condo is currently leased at $2,200/month, providing steady cash flow from day one, with market rents estimated around $2,600/month-offering clear upside. The unit features a bright, open layout with abundant natural light, a cozy wood-burning fireplace, and the convenience of an in-unit washer and dryer. The updated kitchen includes modern appliances, while recent upgrades such as a 2-year-old HVAC system and newer carpet (installed within the last 2 years) help minimize near-term maintenance costs. The spacious primary suite includes a private en-suite bathroom, and the second bedroom offers flexibility for tenants or future owner use. The unit also includes two assigned parking spaces, a highly desirable feature for both tenants and homeowners. Located in a well-maintained community with sought-after amenities including a pool and fitness center, this property is attractive to renters and equally appealing as a comfortable future residence-perfect for an investor today and homeowner tomorrow. Ideally situated with easy access to parks, shopping, and downtown, the location supports strong and consistent rental demand. Tenant in place-making this a true turnkey investment. Immediate income today with the potential to increase rents closer to market value.

Full Property Details for 40 Greystone Ct #G

General

  • Price: $295,000
  • HOA FEE: $315/month
  • Taxes: $3,222 (2026)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDAA2142956
  • Updated: 6/12/2026
  • Added to Site: 50 day(s) ago

Interior

  • Interior Features: Bathroom - Tub Shower, Breakfast Area, Carpet, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Wood Floors
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main & Up: 2

Other Rooms

  • Laundry: Washer In Unit, Dryer In Unit

Additional Information

  • Shared Amenities: Club House, Fitness Center, Pool - Outdoor
  • Shared Pool: Yes
  • Pool: Yes

Parking

  • Total Spaces: 2
  • Parking Features: Concrete Driveway
  • Parking Type: Parking Lot

Location

  • County: ANNE ARUNDEL
  • Subdivision: ANNAPOLIS OVERLOOK
  • Driving Directions: Use GPS

School Information

  • School District: Anne Arundel County Public Schools

Community

  • Assoc. Fees Include: Common Area Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Lawn Care Front
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK, Number Limit

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air, Forced Air, Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Phone Available, Water Available, Sewer Available, Electric Available

Structural Information

  • Architectural Style: Colonial
  • Structure Type: Garden 1 - 4 Floors
  • Construction: Vinyl Siding
  • Entry Floor Number: 2
  • Stories Description: Main
  • Square Feet: 1,336
  • Sq. Ft. Source: Assessor
  • Living Area: 1,336 Sq. Ft.
  • Finished Above Grnd: 1,336 Sq. Ft.
  • Year Built: 1991
  • Year Built Source: Estimated

Lot Features

  • Zoning: CONDOMINIUM VALUES

Financial Considerations

  • Price Per Sq. Ft.: $220.81
  • Condo Fee: $315
  • Condo Fee Freq: Monthly
  • Assessment Year: 2026
  • School Tax: $1,445
  • County Tax: $1,563
  • County Tax Freq: Annually
  • Tax w/Assessment: $240,400
  • Tax Amount: $3,222
  • Tax Year: 2026
  • Tax Total Finished Sq. Ft.: 1336

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes

Listed by Long & Foster Real Estate, Inc., Ramtin M Zadeh

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Listing agent

— 40 Greystone Ct #G —

  • Ramtin M Zadeh

    Long & Foster Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 40 Greystone Ct #G

School District:Anne Arundel County Public Schools
NameGradesDistance
Hillsmere Elementary School
3052 Arundel on the Bay Road, Annapolis, MD 21403
PK-51.3 mi
Annapolis Middle School
1399 Forest Drive, Annapolis, MD 21403
6-80.4 mi
Annapolis High School
2700 Riva Road, Annapolis, MD 21401
9-123.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Greystone Ct #G Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/10/2026
Price Reduced
$295,000
-4.84%
MLS
4/28/2026
Listed
$310,000
21.62%
MLS
8/08/2024
Sold
$254,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40 Greystone Ct #G

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,767
8%
$206,867
7%
2023
$2,559
—
$192,533
8%
2023
$2,559
2%
$178,200
—
2022
$2,511
2%
$178,200
—
2018
$2,450
-6%
$178,200
-3%
2021
$2,599
2%
$184,300
2%
2020
$2,543
4%
$180,200
2%
2019
$2,450
9%
$176,100
2%
2018
$2,245
2%
$172,000
2%
2017
$2,198
2%
$167,900
3%
2016
$2,151
2%
$163,800
3%
2015
$2,116
—
$159,700
—
2014
$2,126
—
$159,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 40 Greystone Ct #G

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Listed by Long & Foster Real Estate, Inc., Ramtin M Zadeh

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40 Greystone Court #G, Annapolis, MD 21403 (MLS# MDAA2142956) is a Condo property with 2 bedrooms and 2 full bathrooms. 40 Greystone Court #G is currently listed for $295,000 and was received on April 28, 2026. Want to learn more about 40 Greystone Court #G? Do you have questions about finding other Condo real estate for sale in Annapolis? You can browse all Annapolis real estate or contact a Coldwell Banker agent to request more information.

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