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214 Prince George St
Annapolis, MD 21401
Build-to-Rent Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Build-to-Rent
Property Subtype
Apartment
  • BTR - Shared Accommodation
Apartment Style Mid-Rise
Costar Property Class C
Total Plot Size 0.09 ac
Property Size 7,764 sq ft
No. Floors 4
Year Built 1865
Use Class C1 - Commercial

ABOUT 214 PRINCE GEORGE ST , ANNAPOLIS, MD 21401

Six unit apartment building in the heart of Historic District downtown Annapolis. Entire building has 19 bedrooms and 21 bathrooms. Unit A is the top two floors and is 7 Bedrooms and 8 Baths and is currently licensed as a short term rental; unit B is a 2 Bed/2Bath licensed long term rental; unit C is a very small 1 bed/1bath licensed long term rental; Unit D is a 4 Bed/3 Bath licensed long term rental; unit E is a 2 bed/2 bath licensed long term rental; unit F is a 3 Bed/3Bath license long term rental. There is a utility/storage room with a full bath as well. House COMPLETELY gutted and renovated just over a year ago with absolutely everything new that was allowed to be new by the HPC (e.g., windows had to remain) and perfectly up to code (89 city inspections during renovation). All units have their own Laundry and unit A has two laundries. All kitchens have stainless steel higher end appliances with dishwashers. Granite countertops in all unit kitchens. Higher end finishes in the baths. Keep the large 7 Bed unit for yourself and let the other 5 units pay the mortgage or keep them all rented as is and get an excellent return on your investment (contact me for financials). Please see https://www.homeaway.com/vacation-rental/p7639556?uni_id=7091696 for our VRBO listing for the excellent reviews and detailed pictures. For sale by owner but 3.5 percent commission paid to buyers agents. Large unit easy to show as it is a short term rental, however, the other 5 units are occupied and will need advanced notice and a scheduled showing. Unit A is newly and completely furnished with new furnishings and all are included with the sale. 410-442-6193

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
Studios 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-000-02801452
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,450,036
  • Listing ID: 19349617

  • Date on Market: 26/04/2020

  • Last Updated:

  • Address: 214 Prince George St, Annapolis, MD 21401

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