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Sold for $1,450,000
  • $1,450,000

    114 Conduit St, Annapolis, MD 21401

    4beds
    --baths
    2,620sqft
    Triplex
    Built in 1800
    -- sqft lot
    $1,536,100 Zestimate®
    $553/sqft
    $2,774 Estimated rent

    Home value

    $1,536,100

    $1.44M - $1.64M

    $2,774/mo

    Zestimate® history
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    $2,774/mo

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    $2,774/mo

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    $8,658/mo

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    $8,658/mo

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    What's special

    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 !!

    Zillow last checked:

    Listing updated:

    Listed by:

    Vic Pascoe 301-252-7771,

    Keller Williams Select Realtors of Annapolis

    Bought with:

    Rick Mudd, 597278

    RE/MAX Executive

    Source: Bright MLS,MLS#: MDAA2086200MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 288
    Heating
    • Other, Heat Pump, Forced Air, Electric, Natural Gas
    Cooling
    • Heat Pump, Ductless, Electric
    Appliances
    • Included: Dishwasher, Electric Water Heater
    Features
    • Kitchen - Country, Kitchen - Table Space
    • Basement: Front Entrance,Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 2,908
    • Total interior livable area: 2,620 sqft

    Property

    Parking
    • Parking features: Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,600 sqft
    Details
    • Additional structures: Above Grade
    • Parcel number: 020600005989200
    • Zoning: C1
    • Zoning description: Check City zoning maps and descriptions
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Federal
    • Property subtype: Triplex
    Materials
    • Shingle Siding
    • Foundation: Brick/Mortar
    Condition
    • Excellent
    • New construction: No
    • Year built: 1800
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Annapolis
    • Subdivision: Historic District
    • Municipality: ANNAPOLIS

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/20/2024Sold$1,450,000-6.5%$553/sqft
    Source: Bright MLS #MDAA2086200 Report a problem
    6/9/2024Contingent$1,550,000$592/sqft
    Source: Bright MLS #MDAA2083860 Report a problem
    5/31/2024Listed for sale$1,550,000+181.9%$592/sqft
    Source: Bright MLS #MDAA2083860 Report a problem
    11/21/2003Sold$549,900+87.7%$210/sqft
    Source: Public Record Report a problem
    5/14/2002Sold$293,000$112/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,390 +5.9%$725,033 +6.2%
    2024$9,814 +6.6%$682,967 +6.6%
    2023$9,203 +1.9%$640,900
    2022$9,030 -4%$640,900 -4%
    2021$9,408 0%$667,733 +0%
    2020$9,410 +6.4%$667,400
    2019$8,845 +8.5%$667,400 +13.8%
    2018$8,156 +14.5%$586,333 +7.4%
    2017$7,123 $545,800 +1.7%
    2016-- $536,833 +1.7%
    2015-- $527,867 +1.7%
    2014-- $518,900
    2013-- $518,900
    2012-- $518,900 -8.1%
    2011-- $564,940
    2010-- $564,940
    2009-- $564,940 -1.1%
    2008-- $571,510 +3.4%
    2007-- $552,866 +3.5%
    2006-- $534,223 +3.6%
    2005-- $515,580 +24.6%
    2004-- $413,720 +32.7%
    2003-- $311,860 +48.5%
    2002-- $210,000 +1.7%
    2001-- $206,496

    Find assessor info on the county website

    Neighborhood: 21401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Anne Arundel County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,536,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,536,100