$765,000
$799,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
3 MURRAY AVE Annapolis, MD 21401
2,672 SqFt
Key Details
Sold Price $765,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,672 sqft
Price per Sqft $286
Subdivision Murray Hill
MLS Listing ID MDAA2072254
Sold Date 01/18/24
Style Colonial
Abv Grd Liv Area 2,672
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $7,584
Tax Year 2022
Lot Size 2,000 Sqft
Acres 0.05
Property Description
Welcome to an exceptional investment opportunity in the heart of Murray Hill, Annapolis. This multi-family house, steeped in history and charm, offers a unique proposition for investors seeking both monthly income or potential for a single-family home conversion.
The first unit, located on the main level, has two bedrooms, full bathroom, a cozy dining room, a functional kitchen, and a welcoming living room. The allure of this unit lies not only in its practical layout but also in the exquisite architectural details that lend it an air of timeless elegance.
Ascending the grand staircase to the second and third floors, the second unit has 4 bedrooms, a full bathroom, living room and dining room in a traditional old world layout. This unit's versatile layout presents a myriad of possibilities, accommodating various tenant arrangements or potentially higher rental income.
What sets this property apart is its adaptability. Beyond its current configuration, the removal of the wall between the grand staircase and the main level apartment offers the opportunity to seamlessly transform this charming multi-family house into a stately single-family residence. The restoration of the house to its original grandeur is within reach, allowing for a seamless fusion of historical elegance and modern convenience.
Outside, the property's appeal is complemented by the enchanting surroundings of Murray Hill. The neighborhood's tree-lined streets and historic ambiance provide the perfect backdrop for this investment gem. Its proximity to Annapolis's bustling downtown area, replete with restaurants, shops, and the serene waterfront, further enhances its desirability.
Whether you're an astute investor envisioning steady monthly income or a homeowner with an eye for historical grandeur, this property offers a canvas of possibilities. Don't miss the chance to explore the potential of this Murray Hill gem. Schedule your viewing today and step into a world where history meets opportunity, creating a timeless investment for your future.
Location
State MD
County Anne Arundel
Zoning R
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Radiator
Cooling None
Fireplaces Number 1
Fireplace Y
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Anne Arundel County Public Schools
Others
Tax ID 020600005699125
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Julann O Donnelly • Caprika Realty