Annapolis, MD 21401 107 Conduit Street

$1,500,000

Sold: Feb 26, 2025
107 Conduit Street Annapolis, MD - Image 1107 Conduit Street Annapolis, MD - Image 2107 Conduit Street Annapolis, MD - Image 3
52 more
107 Conduit Street Annapolis, MD - Image 4107 Conduit Street Annapolis, MD - Image 5107 Conduit Street Annapolis, MD - Image 6107 Conduit Street Annapolis, MD - Image 7107 Conduit Street Annapolis, MD - Image 8107 Conduit Street Annapolis, MD - Image 9107 Conduit Street Annapolis, MD - Image 10107 Conduit Street Annapolis, MD - Image 11107 Conduit Street Annapolis, MD - Image 12107 Conduit Street Annapolis, MD - Image 13107 Conduit Street Annapolis, MD - Image 14107 Conduit Street Annapolis, MD - Image 15107 Conduit Street Annapolis, MD - Image 16107 Conduit Street Annapolis, MD - Image 17107 Conduit Street Annapolis, MD - Image 18107 Conduit Street Annapolis, MD - Image 19107 Conduit Street Annapolis, MD - Image 20107 Conduit Street Annapolis, MD - Image 21107 Conduit Street Annapolis, MD - Image 22107 Conduit Street Annapolis, MD - Image 23107 Conduit Street Annapolis, MD - Image 24107 Conduit Street Annapolis, MD - Image 25107 Conduit Street Annapolis, MD - Image 26107 Conduit Street Annapolis, MD - Image 27107 Conduit Street Annapolis, MD - Image 28107 Conduit Street Annapolis, MD - Image 29107 Conduit Street Annapolis, MD - Image 30107 Conduit Street Annapolis, MD - Image 31107 Conduit Street Annapolis, MD - Image 32107 Conduit Street Annapolis, MD - Image 33107 Conduit Street Annapolis, MD - Image 34107 Conduit Street Annapolis, MD - Image 35107 Conduit Street Annapolis, MD - Image 36107 Conduit Street Annapolis, MD - Image 37107 Conduit Street Annapolis, MD - Image 38107 Conduit Street Annapolis, MD - Image 39107 Conduit Street Annapolis, MD - Image 40107 Conduit Street Annapolis, MD - Image 41107 Conduit Street Annapolis, MD - Image 42107 Conduit Street Annapolis, MD - Image 43107 Conduit Street Annapolis, MD - Image 44107 Conduit Street Annapolis, MD - Image 45107 Conduit Street Annapolis, MD - Image 46107 Conduit Street Annapolis, MD - Image 47107 Conduit Street Annapolis, MD - Image 48107 Conduit Street Annapolis, MD - Image 49107 Conduit Street Annapolis, MD - Image 50107 Conduit Street Annapolis, MD - Image 51107 Conduit Street Annapolis, MD - Image 52107 Conduit Street Annapolis, MD - Image 53107 Conduit Street Annapolis, MD - Image 54107 Conduit Street Annapolis, MD - Image 55107 Conduit Street Annapolis, MD - Image 56
Presented By: Berkshire Hathaway HomeServices PenFed Realty
  • MLS# MDAA2102306
  • 01/24/2025
  • Request Tour
  • Request Info
  • Beds • 5

Home Details

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. Units 2, 3 and 4 fully furnished and fully built business ready for immediate income. 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!!!
Presented By: Berkshire Hathaway HomeServices PenFed Realty

General for 107 Conduit Street

AccessibilityNone
AppliancesBuilt-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Architectural StyleColonial
Association Recreation FeeN
Buyer FinancingConventional
CityANNAPOLIS
Close Price1550000.00
Construction MaterialsFrame
Cool FuelElectric
CoolingWindow Unit(s)
CountyANNE ARUNDEL
DirectionsGPS will take you there.
Garage Y/NNo
HeatingRadiator
Interior Features2nd 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, Bathro
Lease TypeLong Term, Month to Month
Location TypeDowntown
Lot Size Square Feet2415.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-02-27T14:21:50
MunicipalityAnnapolis
New ConstructionNo
Number Of Units Total4
Number of Units Leased1
NumberOfUnitsVacant3
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Patio/Porch FeaturesPorch(es), Patio(s)
PossessionImmediate, Negotiable
Price Per Sq Ft Total AG543.48
Property ConditionVery Good
Property SubtypeOther
Property TypeMulti-Family
School DistrictANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Security FeaturesExterior Cameras, Main Entrance Lock
SewerPublic Sewer
Single Room Units Count1
Standard StatusClosed
StatusCLOSED
Structure TypeTwin/Semi-Detached
Subdivision NameHISTORIC DISTRICT
Tax Annual Amount11555.0
Tax Assessed Value804100.0
Tax Year2024
Total Actual Rent200000.00
Total SQFT3560
Two Bedroom2
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningRESIDENTIAL

Interior for 107 Conduit Street

BasementOutside Entrance, Unfinished
Basement (Y/N)Yes
BuyerOfficeEmaildatacorrect@brightmls.com
Central Air Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Carpet, Luxury Vinyl Plank, Wood
Furnished UnitsAll
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
LivingAreaSourceEstimated
Number of Elevators0
Three Bedroom Units Count0
Total Stories3

Exterior for 107 Conduit Street

Foundation DetailsConcrete Perimeter
InclusionsAll furnishings in Units 2, 3, and 4.
Land Assessed Value773700.00
Land Use CodeR
Lot Size Acres0.06
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Alexis Saye

Price $1,500,000
MLS#MDAA2102306
List Date 01/24/2025
Property Type Multi-Family
Phone (804) 691-4486
Request Tour
Request Info
Visit My Website

Similar Properties to 107 Conduit Street

Ask A Question