$1,450,000
$1,550,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
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
Sold Date 06/20/24
Style Federal
Abv Grd Liv Area 2,620
Originating Board BRIGHT
Year Built 1800
Annual Tax Amount $9,203
Tax Year 2024
Lot Size 1,600 Sqft
Acres 0.04
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
Rooms
Basement Front Entrance, Partial
Interior
Interior Features Kitchen - Country, Kitchen - Table Space
Hot Water Electric
Heating Other, Heat Pump(s), Forced Air
Cooling Heat Pump(s), Ductless/Mini-Split
Equipment Dishwasher
Fireplace N
Appliance Dishwasher
Heat Source Electric, Natural Gas
Exterior
Utilities Available Cable TV Available
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade
New Construction N
Schools
School District Anne Arundel County Public Schools
Others
Tax ID 020600005989200
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Rick J Mudd • RE/MAX Executive
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "