107 Conduit Street Annapolis, MD 21401
5 bed / 2,760 Sq. Ft. / 2,614 Sq. Ft., 0.06 acres lot size / Multi-Family
Status: Sold
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The historic Smith House is a charming 4-unit home in the heart of downtown Annapolis, steps from Main Street and in the city's most desirable area. The home is the perfect turnkey opportunity for owner-occupy, long-term, and short-term rentals. 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!!!
property details
Type
Multi-Family
Status
Closed
County
ANNE ARUNDEL
Year Built
1900
Sq. Ft.
2,760
Lot Size
2,614 Sq. Ft., 0.1 acres
Listing Id
MDAA2070966
Courtesy Of
Scott Schuetter - Berkshire Hathaway HomeServices PenFed Realty +1 410 266 9005
List Office Phone
+1 (410) 266-0600
Interior Features
Beds
5
Living Area Units
Sq. Ft.
Flooring
Ceramic Tile
Carpet
Wood
Carpet
Wood
Appliances
Electric Range
Electric Oven
Gas Range
Gas Oven
Dishwasher
Disposal
Dryer
Exhaust Fan
Microwave
Refrigerator
Washer
Water Heater
Electric Oven
Gas Range
Gas Oven
Dishwasher
Disposal
Dryer
Exhaust Fan
Microwave
Refrigerator
Washer
Water Heater
Exterior Features
Parking
On Street
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Building Area Total
2,760 Sq. Ft.
Architectural Style
Colonial
Price History
| date | event | price | source |
|---|---|---|---|
|
01/16/2024
01/16/2024
|
Sold |
$1,500,000
|
Bright MLS (MDBMLS-R) |
|
11/11/2023
11/11/2023
|
Pending |
$1,550,000
|
Bright MLS (MDBMLS-R) |
|
11/05/2023
11/05/2023
|
Active |
$1,550,000
|
Bright MLS (MDBMLS-R) |
|
10/26/2023
10/26/2023
|
Active |
$1,700,000
|
Bright MLS (MDBMLS-R) |
|
10/11/2023
10/11/2023
|
Active |
$1,975,000
|
Bright MLS (MDBMLS-R) |
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Market Trends
Source: Constellation1
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