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107 Conduit Street

Annapolis, MD 21401

– beds
– baths
2,760 sqft
2,415 sqft lot
$561 per sqft
1900 build

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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!!!

Listing courtesy of BRIGHT / Berkshire Hathaway HomeServices PenFed Realty

Last checked: Checking… • Last updated Feb 27, 2025 •

MLS# MDAA2102306 —

The Building

Year Built:

1900
Year Built Source:

Estimated
Year Major Reno/Remodel:

2021
New Construction:

No
Construction Materials:

Frame
Building Levels:

3
Building Units Total:

4
Structure Type:

Twin/Semi-Detached
Architectural Style:

Colonial
Security Features:

Exterior Cameras, Main Entrance Lock
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Basement:

Yes
Basement Type:

Outside Entrance, Unfinished
Total SqFt Source:

Estimated
Total Below Grade SqFt:

800
Total Below Grade SqFt Source:

Estimated

Interior

Interior Features:

2nd 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, Bathroom - Tub Shower, Upgraded Countertops, Window Treatments
Flooring Type:

Ceramic Tile, Carpet, Luxury Vinyl Plank, Wood
Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

3560
Living Area SqFt:

2,760 Sqft

Financial & Terms

Sale Type:

Standard
Buyer Financing:

Conventional
Possession:

Immediate, Negotiable

Location

Directions:

GPS will take you there.
Latitude:

38.97585000
Longitude:

-76.49172000
Location Type:

Downtown

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Property Condition:

Very Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.06
Lot Size Source:

Estimated
Lot SqFt:

2,415 Sqft
Inclusions:

All furnishings in Units 2, 3, and 4.
Zoning:

RESIDENTIAL
In City Limits:

Yes
Outdoor Living Structures:

Porch(es), Patio(s)
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

R
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

020600007206800
Tax Year:

2024
Tax Annual Amount:

$11,555
Tax Assessed Value:

$804,100
Year Assessed:

2024
County Tax:

5621.00
City/Town Tax:

5934.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Radiator
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Appliances

Appliances:

Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater

Schools

Elementary School:

Annapolis
Middle School:

Bates
High School:

ANNAPOLIS
School District Name:

Anne Arundel County Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

Historic District
Pool:

No Pool
Association Recreation Fee:

No

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

# of Units:

1
Vacation Rental:

No
Units Furnished:

All
Single Room Units:

1
One Bedroom Units:

1
Two Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/26/25 Feb 26, 2025	Sold	BRIGHT	$1,550,000	3.3%
1/25/25 Jan 25, 2025	Pending	BRIGHT	$1,500,000
1/23/25 Jan 23, 2025	Listed / Active	BRIGHT	$1,500,000

Multifamily Sold on 2/26/2025

$1,550,000

Listing provided by broker:

Scott M. Schuetter

Berkshire Hathaway HomeServices PenFed Realty

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Listing Courtesy of: BRIGHT and Berkshire Hathaway HomeServices PenFed Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

107 Conduit Street

Annapolis, MD 21401