114 Conduit Street, Annapolis, MD 21401

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 !!