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!!!
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Last updated Feb 27, 2025
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MLS# MDAA2102306 —
The Building
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Year Built:1900
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Year Built Source:Estimated
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Year Major Reno/Remodel:2021
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New Construction:No
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Construction Materials:Frame
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Building Levels:3
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Building Units Total:4
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Structure Type:Twin/Semi-Detached
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Architectural Style:Colonial
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Security Features:Exterior Cameras, Main Entrance Lock
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Outside Entrance, Unfinished
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Total SqFt Source:Estimated
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Total Below Grade SqFt:800
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Total Below Grade SqFt Source:Estimated
Interior
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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
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Flooring Type:Ceramic Tile, Carpet, Luxury Vinyl Plank, Wood
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3560
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Living Area SqFt:2,760 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Conventional
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Possession:Immediate, Negotiable
Location
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Directions:GPS will take you there.
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Latitude:38.97585000
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Longitude:-76.49172000
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Location Type:Downtown
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Estimated
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Lot SqFt:2,415 Sqft
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Inclusions:All furnishings in Units 2, 3, and 4.
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Zoning:RESIDENTIAL
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In City Limits:Yes
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Outdoor Living Structures:Porch(es), Patio(s)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (410) 900-7668
- Office phone:
- (410) 266-0600
Taxes
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Tax ID Number:020600007206800
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Tax Year:2024
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Tax Annual Amount:$11,555
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Tax Assessed Value:$804,100
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Year Assessed:2024
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County Tax:5621.00
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City/Town Tax:5934.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Radiator
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Schools
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Elementary School:Annapolis
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Middle School:Bates
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High School:ANNAPOLIS
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School District Name:Anne Arundel County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Historic District
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Pool:No Pool
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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# of Units:1
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Vacation Rental:No
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Units Furnished:All
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Single Room Units:1
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One Bedroom Units:1
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/26/25
Feb 26, 2025
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Sold | BRIGHT | $1,550,000 | 3.3% |
1/25/25
Jan 25, 2025
|
Pending | BRIGHT | $1,500,000 | |
1/23/25
Jan 23, 2025
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Listed / Active | BRIGHT | $1,500,000 |