40 greystone court

ANNAPOLIS, MD 21403

2 BEDS 2-Full BATHS
Residential-Penthouse Unit/Flat/Apartment
Image 1
Bedrooms 2
Full Baths 2
Status Off Market
MLS # MDAA2142956
County ANNE ARUNDEL
More Info
Category Residential-Penthouse Unit/Flat/Apartment
Status Off Market
MLS # MDAA2142956
County ANNE ARUNDEL
**Price Has Been Dropped By $15000.00. The New Price Is $295,000.00** Turnkey Investment Opportunity – 2 Bed, 2 Bath Condo with Tenant in Place + Rental Upside. Excellent opportunity for investors seeking immediate rental income with future growth potential. This well-maintained 2-bedroom, 2-bathroom condo is currently leased at $2,200/month, providing steady cash flow from day one, with market rents estimated around $2,600/month—offering clear upside. The unit features a bright, open layout with abundant natural light, a cozy wood-burning fireplace, and the convenience of an in-unit washer and dryer. The updated kitchen includes modern appliances, while recent upgrades such as a 2-year-old HVAC system and newer carpet (installed within the last 2 years) help minimize near-term maintenance costs. The spacious primary suite includes a private en-suite bathroom, and the second bedroom offers flexibility for tenants or future owner use. The unit also includes two assigned parking spaces, a highly desirable feature for both tenants and homeowners. Located in a well-maintained community with sought-after amenities including a pool and fitness center, this property is attractive to renters and equally appealing as a comfortable future residence—perfect for an investor today and homeowner tomorrow. Ideally situated with easy access to parks, shopping, and downtown, the location supports strong and consistent rental demand. Tenant in place—making this a true turnkey investment. Immediate income today with the potential to increase rents closer to market value.
Location not available
Listing
Street
Satellite

Exterior Features

  • Style Colonial
  • Construction Single Family
  • Siding Vinyl Siding
  • Garage No
  • Water Public
  • Sewer Public Sewer

Interior Features

  • Appliances Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, WaterHeater
  • Heating 90% Forced Air, Forced Air, Heat Pump(s)
  • Cooling Central A/C
  • Fireplaces 1
  • Year Built 1991

Neighborhood & Schools

  • Subdivision ANNAPOLIS OVERLOOK

Financial Information

  • Zoning CONDOMINIUM VALUES

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.