Incredible investment opportunity in the heart of Annapolis! This home has great presence, as it is situated on a corner lot in Presidents Hill, at the corner of West and Munroe. This 1920s charmer can be described as an American Foursquare-style property, zoned for mixed use, and is located in the highly desirable Arts District. Completely walkable to downtown Annapolis, the historic district, museums, and an array of restaurants, this property offers unmatched convenience and potential. Currently divided into two separate apartments, the flexible layout opens up possibilities for rental income, live-work space, or conversion back to a single-family home. Its prime location and zoning make it ideal for residential, commercial, or mixed-use development. The main level apartments has 3 bedrooms, one full bath, dining, kitchen, living room and kitchen with door to side and back yard. The upper level apartment has 2 bedrooms, living room, eat-in kitchen and full bath. There is an unfinished basement. Don’t miss this rare chance to own a piece of Annapolis history with endless potential. Photos coming soon.
Welcome to this exceptional 3-unit property located in the vibrant heart of downtown Annapolis—truly an investor's dream. These turnkey apartments are currently licensed for short term rentals and ready to offer a rewarding investment opportunity. Situated in the bustling core of Annapolis, this property provides unparalleled access to the city's rich array of dining, shopping, and entertainment. Guests will delight in the diverse dining scene, with popular spots like Iron Rooster, Tsunami, and Osteria 177 offering a range of culinary experiences. Located steps from Gate 1 of the United States Naval Academy makes it one of the most desirable locations for both long and short term guests. Shopping enthusiasts will find plenty to explore, from charming boutiques and gift shops to unique pottery stores. When the sun sets, Annapolis comes alive with nightlife options, including Dining Under the Stars events, live music at Rams Head Tavern, and a variety of bars and pubs for a perfect evening out. For those seeking recreation and adventure, the area offers an abundance of activities. Visitors can enjoy the serene beauty of Quiet Waters Park, take sailboat lessons, embark on fishing charters, explore ghost tours, or visit local museums. The proximity to the US Naval Academy, just a block away, adds to the allure of this sought-after tourist destination. This property not only offers a prime location but also the potential for a lucrative return on investment. Don't miss the chance to own a piece of Annapolis's thriving downtown scene.
Location, location, location! INVESTOR alert for an apartment unit building that can be converted to a single family home in historic Annapolis! This property is steps away from city dock and all that downtown Annapolis has to offer! Enjoy incredible views of historic Annapolis & Spa Creek. The Red Brick Inn is currently being used as a full time Airbnb, but it can easily be converted to a single family home. There are a total of three separate apartments that have all been updated in 2014 and are all separately metered. Floor plans and additional information available upon request! Don’t miss out on this one!
Annapolis is located in Maryland. Annapolis, Maryland has a population of 40,581. Annapolis is less family-centric than the surrounding county with 27.76% of the households containing married families with children. The county average for households married with children is 33.77%.
The median household income in Annapolis, Maryland is $92,026. The median household income for the surrounding county is $108,048 compared to the national median of $69,021. The median age of people living in Annapolis is 37.5 years.
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 28.4 degrees. The average rainfall is approximately 45.3 inches per year, with 12 inches of snow per year.
