$1,475,000

Estimated payment $9,067/month

Total Views 17,313
-- Bed
-- Bath
2,649 Sq Ft
$557 Price per Sq Ft

Highlights

  • City View
  • Traditional Architecture
  • Main Floor Bedroom
  • Traditional Floor Plan
  • Wood Flooring
  • Upgraded Countertops

About This Home

Back on the market with a DRAMATIC price improvement!! Welcome to your truly turnkey 3-unit investment property in the HEART of Annapolis!! All 3 units come FULLY furnished, down to the spoons and forks!! Literally STEPS away from the Naval Academy main gate and downtown Annapolis!! Unit 1 is a 1 bedroom, 1 bathroom unit with a family room and a full eat-in kitchen w/ dishwasher. You will immediately notice that all 3 units are a perfect blend of nicely updated without losing an ounce of the original charm we all love about Annapolis. You will also see the amazing space in all the units and rooms - the floor plans are perfectly executed, and the space and function are on point! Unit 1 has direct access to the outdoor rear patio. Unit 2 is a 2 bedroom, 1 bathroom unit with a family room and a full eat-in kitchen w/ dishwasher. The 2 bedrooms are wonderfully separated from the family room and kitchen, and both are primary-sized bedrooms, but the true primary is an extra special retreat with its own sitting area. Unit 2 also has direct access to the rear outdoor patio. Unit 3 is a 1 bedroom, 1 bathroom unit with a family room, dining area, and a full kitchen (no dishwasher). The unique feature that you will notice about Unit 3 is that it, too, has tall ceilings, unlike the upper levels of many downtown Annapolis homes. So many different investment options, live in one, rent the others, rent them all, wonderful short-term rental opportunity. Full 2 year rental history available in the document sections. Showings are by appointment only and limited due to high occupancy rate of the units, reach out early to arrange a time to see this rarely available Annapolis gem!! Don't hesitate, it won't last long at this new, aggressive price!!

Listing Agent

Scott Schuetter

Berkshire Hathaway HomeServices PenFed Realty License #617188 Listed on: 04/20/2025

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,054

Year Built

  • Built in 1900 | Remodeled in 2004

Lot Details

  • 1,890 Sq Ft Lot
  • Landscaped
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Plaster Walls
  • Architectural Shingle Roof
  • Metal Roof
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Dining Area
  • City Views

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Schools

  • Annapolis Elementary School
  • Bates Middle School
  • Annapolis High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Multi-Tank Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 020600004399350

Community Details

Overview

  • 3 Units
  • Historic District Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,054

Year Built

Built in 1900 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: All furnishings, completely turnkey
  • New Construction: No
  • Expected On Market: 4/20/2025 12:00:00 AM
  • Year Built: 1900
  • Year Renovated: 2004
  • Remarks Public: Back on the market with a DRAMATIC price improvement!! Welcome to your truly turnkey 3-unit investment property in the HEART of Annapolis!! All 3 units come FULLY furnished, down to the spoons and forks!! Literally STEPS away from the Naval Academy main gate and downtown Annapolis!! Unit 1 is a 1 bedroom, 1 bathroom unit with a family room and a full eat-in kitchen w/ dishwasher. You will immediately notice that all 3 units are a perfect blend of nicely updated without losing an ounce of the original charm we all love about Annapolis. You will also see the amazing space in all the units and rooms - the floor plans are perfectly executed, and the space and function are on point! Unit 1 has direct access to the outdoor rear patio. Unit 2 is a 2 bedroom, 1 bathroom unit with a family room and a full eat-in kitchen w/ dishwasher. The 2 bedrooms are wonderfully separated from the family room and kitchen, and both are primary-sized bedrooms, but the true primary is an extra special retreat with its own sitting area. Unit 2 also has direct access to the rear outdoor patio. Unit 3 is a 1 bedroom, 1 bathroom unit with a family room, dining area, and a full kitchen (no dishwasher). The unique feature that you will notice about Unit 3 is that it, too, has tall ceilings, unlike the upper levels of many downtown Annapolis homes. So many different investment options, live in one, rent the others, rent them all, wonderful short-term rental opportunity. Full 2 year rental history available in the document sections. Showings are by appointment only and limited due to high occupancy rate of the units, reach out early to arrange a time to see this rarely available Annapolis gem!! Don't hesitate, it won't last long at this new, aggressive price!!
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Dining Area, Wood Floors, Built-Ins, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Table Space, Kitchen - Galley, Pantry, Recessed Lighting, Upgraded Countertops
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls
  • Foundation Details: Concrete Perimeter
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Unfinished
  • Total Sq Ft: 3225
  • Living Area Sq Ft: 2649
  • Price Per Sq Ft: 556.81
  • Above Grade Finished Sq Ft: 2649
  • Below Grade Sq Ft: 576
  • Total Below Grade Sq Ft: 576
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 165

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Shingle Siding
  • Exterior Features: Bbq Grill, Fire Escape
  • Roof: Metal, Architectural Shingle
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Multi Units, Programmable Thermostat, Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: ANNAPOLIS
  • Middle School: BATES
  • High School: ANNAPOLIS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: ANNAPOLIS
  • High School: ANNAPOLIS
  • Middle Or Junior School: BATES

Lot Info

  • Land Use Code: R
  • Lot Features: Landscaping
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1890.00
  • Property Condition: Very Good
  • Year Assessed: 2025
  • Zoning: CA
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 135172.58
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11054.00
  • Assessor Parcel Number: 020600004399350
  • Tax Total Finished Sq Ft: 2649
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 3

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,055 $769,300 $0 $0
2023 $9,883 $688,200 $556,400 $131,800
2022 $9,697 $688,200 $556,400 $131,800
2021 $19,393 $688,200 $556,400 $131,800
2020 $9,737 $690,600 $556,400 $134,200
2019 $9,210 $652,700 $0 $0
2018 $8,552 $614,800 $0 $0
2017 $7,409 $576,900 $0 $0
2016 -- $565,967 $0 $0
2015 -- $555,033 $0 $0
2014 -- $544,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2025 04/20/25 For Sale $1,475,000 0.0% $557 / Sq Ft
04/20/2025 04/20/25 For Sale $1,475,000 +14.3% $557 / Sq Ft
03/18/2022 03/18/22 Sold $1,290,000 0.0% $497 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
08/19/2021 08/19/21 For Sale $1,290,000 -- $497 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Special Warranty Deed $1,290,000 Capital Title
Deed $490,000 --
Deed $490,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $967,500 New Conventional
Previous Owner $637,500 New Conventional
Previous Owner $284,150 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $553,000 New Conventional
Previous Owner $343,000 New Conventional
Closed -- No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: MDAA2112408

Bright MLS

APN: 06-000-04399350