107 Conduit St

Annapolis, MD 21401

$1,550,000
Last Sold Price
—
Beds
—
Baths
2,760 Sq. Ft.
$562 / Sq. Ft.
2,760
Sq. Ft.
$562
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 2/26/25Virtual Tour
Closed 2/26/25Virtual Tour
Extremely unique 4 unit investment property!!
Located in the HEART of Annapolis
Extremely sought after location 1 block from water
Idyllic front covered porch
Relax, unwind, soak in Annapolis living
Welcome to an investment that feels like home!!
Unit 1 living room is spacious and welcoming
Unit 1, full size fridge, dishwasher and gas stove
Unit 1 primary bedroom
Unit 1 hallway to 2nd bdrm, hall bath, laundry
Extra room is perfect for office, nursery, etc.
Unit 1 bathroom with stand up shower
Unit 2 exudes character, warmth and charm
Unit 2 breakfast/dining area
Unit 2 kitchen w/ gas stove and refrigerator
Unit 2 redesigned to open kitchen to dining area
#2 renovated bathroom with classic styling
Every detail exudes charm and sophistication
Unit 2 primary bedroom
Wonderfully open and spacious w/ design touches
Natural light exudes through all units
Unit 2 2nd bedroom with tons of natural light
Also serves beautifully as a TV/sitting room
Unit 3 is a perfectly executed studio apartment
Plenty of space for relaxing/ entertaining/kitchen
Studio kitchen is extremely well designed
Did we mention the abundance of natural light?!
Hardly ever vacant and enjoyed thoroughly!
Unit 4 fully renovated galley kitchen
Unit 4 includes fridge and stove
Not just renovated, gorgeous designer upgrades
Unit 4 bathroom with spa like shower
Unit 4 primary bedroom
Unit 4 expansive dining area and family room
Unit 4 huge sectional w/ pull out bed
Who would ever want to stay in a hotel again?!?
Unit 1 has outdoor access to patio and green space
Access to basement w/ plentiful storage & laundry
Wonderful green space perfect for firepit area
Amazing patio, outdoor space potential
Quintessential Annapolis guarantees client flow!!
Easy stroll to downtown!!
Annapolis is a destination for visitors year round
Laundry in the basement
Perfectly organized for turn key business
Tons of storage space in the basement
Downtown Annapolis is at your fingertips
Take a stroll by the water and enjoy an ice cream
BEAT ARMY!!
Easy access to Washington DC
Reagan Nat'l airport
Easy access to Baltimore
BWI for easy travel

Description

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,...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!
  1. Listed by Scott M. Schuetter • Berkshire Hathaway HomeServices PenFed Realty
    P: (410)-900-7668 scott@scottschuetter.com

Property Details for 107 Conduit Street

Tax ID Number
020600007206800
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Colonial
Waterfront
No
Garage
No
Expected On Market Date
01-24-2025
Subdivision
HISTORIC DISTRICT
LISTING CLOSED: 02/26/2025 12:00 AM

Property Details for 107 Conduit Street

StatusClosed
MLS #MDAA2102306
Days on Market2
Taxes$11,555 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.06 AC / 2,415 SF
CountyAnne Arundel County
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Location

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty

Sold By Non Subscribing Office

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Building Information for 107 Conduit Street

Stories-Residences4Year Built1900Building Size-Lot Size0.06 AC / 2,415 SF

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$8,687 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,724

Property Taxes

$963

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 107 Conduit Street

Location
Location
  • In City Limits: Yes
  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140671932
  • SchoolDistrictSource: Listing Agent
  • Elementary School: ANNAPOLIS (ANNE ARUNDEL MD)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: BATES (ANNE ARUNDEL MD)
  • MiddleSchoolSource: Listing Agent
  • High School: ANNAPOLIS (ANNE ARUNDEL MD)
  • County: ANNE ARUNDEL
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $804,100
  • Year Assessed: 2024
  • County Tax: $5,621
  • Improvement Assessed Value: $172,600
  • City Town Tax: $5,934
  • Land Assessed Value: $773,700
  • Clean Green Assessed: No
  • Land Use Code: R
  • Zoning: RESIDENTIAL
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Furnished: All
  • Units Leased Count: 1
  • Number Of Units Vacant: 3
  • Number Of Units Month To Month: 1
Financial Information
Financial Information
  • Annual Rental Income: $200,000
  • Existing Lease Type: Long Term, Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2021
  • Building Level Count: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Location Type: Downtown
  • Parcel ID: 15316170
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • 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
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Accessibility Features: None
  • Security Features: Exterior Cameras, Main Entrance Lock
  • Virtual Tour URL Unbranded: https://youtu.be/P3oi2563aLQ
Exterior Features
Exterior Features
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Anne Arundel County Association of REALTORS
  • List Agent URL: www.scottschuetter.com

Property History for 107 Conduit Street

DateEvent & SourcePriceAppreciation
Mar 3, 2025

Withdrawn

BRIGHT #MDAA2101476

—
Feb 26, 2025

Closed (Public Record)

Public Record #1553561402

$1,550,000

+3.0% / yr

Feb 26, 2025

Closed

BRIGHT #MDAA2102306

$1,550,000—
DateEvent & SourcePrice
03/03/2025

Withdrawn

BRIGHT #MDAA2101476

—
02/26/2025

Closed (Public Record)

Public Record #1553561402

$1,550,000

+3.0% / yr

02/26/2025

Closed

BRIGHT #MDAA2102306

$1,550,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 107 Conduit Street

Taxable ValueLand-Additions-Total-
Tax Record2025$12,542 ($1,045 / month)
Home Facts
Beds0Baths4Total Finished SqFt2,760 SqFtAbove Grade Finished SqFt2,760 SqFtStories3Lot Size2,415 SqFtStyleSingle Family ResidenceYear Built1900CountyANNE ARUNDELAPN06-000-07206800Fireplace TypeHas Fireplace

Schools near 107 Conduit Street

This home is within Anne Arundel County Public Schools.
Rating
School
Type
Grades
Distance
Annapolis Elementary School
Public - PK to 5
Wiley H. Bates Middle School
Public - 6 to 8
Annapolis High School
Public - 9 to 12
Mary Moss at Adams Academy
Public - K to 12
Rating
School
Distance
Annapolis Elementary School
PublicPK to 5

Wiley H. Bates Middle School
Public6 to 8

Annapolis High School
Public9 to 12

Mary Moss at Adams Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 02/27/2025 02:21 PM