Movoto Real Estate
Sold on 06/20/2024
  • Exterior
  • View/Area
  • Other
  • Floorplan
  • Living
  • Kitchen
  • Bedroom
  • Bath
  • Entry Way

114 Conduit St, Annapolis, MD 21401

$1,159,000

Last sold 06/20/2024 for $1.45M

  • —

    bed

  • —

    bath

  • 2,620

    Sqft ($553/Sqft)

Multi-family not for sale

About 114 Conduit St

Property type Multi-family
Neighborhood
Year built 1800
HOA fee $0/month
Lot size 1,742 Sqft
Movoto estimate
Rental estimate
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 !!
Listed by
Listing Agent - Victor Pascoe
Listing Office - Keller Williams Select Realtors
Source: Bright MLS mls logo
MLS#MDAA2086200 • last updated 2 years ago
Movoto checked Bright MLS for data 9 minutes ago
Overview
Cooling/AC Heat Pump(s), Ductless/Mini-Split, Electric
Heating Electric, Natural Gas
Levels/Style Federal
Type Multi-Family
Virtual Tour N/A
SubType Triplex
Status Closed
SqFt 2908
Lot Size (SqFt) 1600
Lot Size (Acres) 0.04
City/ Town Tax 9203.32
Tax: Assessed Value 515580
Annual Property Tax 9203.32
Year Built 1800
Condition Excellent
Municipality ANNAPOLIS
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Front Entrance, Partial
Appliances Dishwasher
Interior Features Kitchen - Country, Kitchen - Table Space
Accessibility Features None
Exterior
Construction Shingle Siding
Foundation Brick/Mortar
Parking Desc Off Street
Existing Structures Above Grade
Amenities / Utilities
Utilities Cable TV Available
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision HISTORIC DISTRICT
Water Source Public
School District ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Directions Duke Of Gloucester To Right On Conduit. House Is On Left. Parking Pad On Union Street At Rear Of 114 Conduit.
Zoning C1, Check City Zoning Maps And Descriptions
Multifamily Details
# 1-Bedroom Units 2
# 2-Bedroom Units 1
# Units Vacant 3
$1.15M
Range: $915K-$1.4M
Last 30 days 
Rental est.: $1,582/month
Gross rent multiplier: 76.4
  • Jun 2024
    Public Records
  • Jun 24, 2024 Sold
    $1,450,000
  • Jun 2024
    mls logo MLS # MDAA2086200
  • Jun 20, 2024 Sold
    $1,450,000
  • Jun 9, 2024 Active
    —
  • May 31, 2024 Listed
    $1,550,000
  • Jun 2024
    mls logo MLS # MDAA2083860
  • Jun 20, 2024 Sold
    $1,450,000 (-6.5%)
  • Jun 9, 2024 Active
    —
  • May 23, 2024 Listed
    $1,550,000 (+181.9%)
  • Nov 2003
    Public Records
  • Nov 21, 2003 Sold
    $549,900 (+87.7%)
  • May 2002
    Public Records
  • May 14, 2002 Sold
    $293,000
  • Year Property taxes Tax assessment
  • 2025
    $10,390 +12.9%
    $725,033 +6.16%
  • 2023
    $9,203 +1.9%
    $682,967 +6.56%
  • 2022
    $9,030 +10.7%
    $640,900 -4.02%
  • 2018
    $8,156 +14.5%
    $667,733 +22.34%
  • 2017
    $7,123
    $545,800
  • 114 Conduit St
    $1.45M
  • Historic District
    —
  • 21401
    $745K +13% y/y
  • Annapolis
    $699K +3% y/y
No chart available
Statistics calculated by Movoto

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5/10
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Source: GreatSchools.org © 2026. All rights reserved.

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