2,760 SqFt
2,760 SqFt
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,760 sqft
Price per Sqft $543
Subdivision Historic District
MLS Listing ID MDAA2102306
Style Colonial
Abv Grd Liv Area 2,760
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $11,555
Tax Year 2024
Lot Size 2,415 Sqft
Acres 0.06
Property Description
The property generates a remarkable annual income through its rented units, making it a profitable investment opportunity. It has been fully leased for the last ten years, with waiting lists for occupancy. Currently, three units are offered as a boutique Airbnb, receiving revenue in the top percentile compared to other Historic Downtown Annapolis properties. The apartments have received impeccable reviews and a Superhost status; you will not find a better ‘house-hacker' opportunity. It is currently licensed through the city for both short and long-term renters.
The house has undergone significant renovations, including kitchens, baths, and flooring while holding true to the historic nature of this dwelling. Modern updates include glass shower enclosures, quartz countertops, floating shelves, recessed lighting, and Wi-Fi-enabled locks. These mix seamlessly with polished nickel fixtures, an original clawfoot tub, exposed brick, and restored original doors. In addition, it boasts a recently refinished standing metal seam roof, a new main water line and main sewer line, updated electrical, new gutters, and new plumbing in much of the home.
You and your tenants can experience the joys of being minutes from Main Street, City Dock, and the Naval Academy, with the best restaurants, shopping, and art galleries. Acton Cove Park is around the corner, and access to Spa Creek is at the bottom of the street. The Noah-Hillman garage is steps from the property, making it easy for overnight guests to park, and a water taxi stop allows them to explore Annapolis by boat. We welcome you to come visit and see what 107 Conduit has to offer! Investment opportunities in Annapolis like this one don't come along often, don't hesitate!!!
Location
State MD
County Anne Arundel
Zoning RESIDENTIAL
Rooms
Basement Outside Entrance, Unfinished
Interior
Interior Features 2nd Kitchen, Built-Ins, Carpet, Chair Railings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Efficiency, Kitchen - Galley, Recessed Lighting, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Window Treatments
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Flooring Ceramic Tile, Carpet, Luxury Vinyl Plank, Wood
Inclusions All furnishings in Units 2, 3, and 4.
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Fireplace N
Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es), Patio(s)
Water Access N
Accessibility None
Porch Porch(es), Patio(s)
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Annapolis
Middle Schools Bates
High Schools Annapolis
School District Anne Arundel County Public Schools
Others
Tax ID 020600007206800
Ownership Fee Simple
SqFt Source Estimated
Security Features Exterior Cameras,Main Entrance Lock
Special Listing Condition Standard
