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!!!
More Information on 107 Conduit St, Annapolis, MD 21401
This property in Anne Arundel County is located at 107 Conduit St in the Historic District neighborhood of Annapolis, with a current listing price of $1,550,000. This 2760 square foot twin/semi-detached for sale has 6 bedrooms and 4 baths.
Want to know more about 107 Conduit St? There are more details below entered by the listing brokerage, including property taxes, year built, assigned schools, type of construction, exterior and interior features, locations, views, and any Historic District neighborhood amenities.
Call The Bob & Ronna Group of Berkshire Hathaway HomeServices to get ready to buy your Annapolis area dream home today! Our real estate agents are local experts in the Annapolis real estate market and are dedicated to giving you the professional service you deserve. To tour MLS #MDAA2071444 today, connect with an agent at (410) 465-4440.
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