3 Murray Avenue, Annapolis, MD 21401

$765,000
5
BD
2
BA
2,672
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$765,000
List Price
$799,000
Closing Date
Jan 18, 2024
Days on Market
13
Status
CLOSED
MLS#
MDAA2071588
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
2,672
Lot Size (Acres)
0.05
Style
Colonial
Year Built
1915
County
Anne Arundel
School District
Anne Arundel County Public Schools

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.

Additional Information

Subdivision
Murray Hill
Taxes
$7584
School District
Anne Arundel County Public Schools
Heating
Radiator
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EKB Realty. Contact:

Selling Office: .