416 Adams St
| Investor alert OR primary residence with investor cash flow!!! Rarely available – 2 completely separate apartments with completely separate entrances. Main level apartment is 1 bedroom and 1 bath and upper level apartment is 2 bedroom and 1 bath. Each apartment has its own kitchen and laundry!! The upper level was fully renovated 5 years ago and the lower level was fully renovated 7 years ago. Ideally located within walking distance to everything Eastport and Downtown Annapolis has to offer – you might just become a regular at Vin 909 which is a stone’s throw away!! Proforma estimate from iTrip shows $36,300 for the main floor and $40,800 for the upper floor as estimates for annual rental income!! The main level features a quaint porch out front and covered concrete patio out back perfect for rocking chairs The upper level has an oversized maintenance free deck overlooking the backyard. Off street parking is a wonderful bonus along with a brand new oversized maintenance free shed!! Amazing and rare opportunity!! Don’t hesitate on this one!! |