
40 GREYSTONE CT #G Annapolis, MD 21403
2 Beds
2 Baths
1,336 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 1,336 sqft
Price per Sqft $220
Subdivision Annapolis Overlook
MLS Listing ID MDAA2142956
Style Colonial
Bedrooms 2
Full Baths 2
Condo Fees $315/mo
HOA Y/N N
Abv Grd Liv Area 1,336
Year Built 1991
Available Date 2026-05-01
Annual Tax Amount $3,222
Tax Year 2026
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
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
State MD
County Anne Arundel
Zoning CONDOMINIUM VALUES
Rooms
Main Level Bedrooms 2
Interior
Interior Features Bathroom - Tub Shower, Breakfast Area, Carpet, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Wood Floors
Hot Water Electric
Cooling Central A/C
Fireplaces Number 1
Equipment Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Fireplace Y
Appliance Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Heat Source Electric
Laundry Washer In Unit, Dryer In Unit
Exterior
Garage Spaces 2.0
Utilities Available Cable TV Available, Phone Available, Water Available, Sewer Available, Electric Available
Amenities Available Club House, Fitness Center, Pool - Outdoor
Water Access N
Accessibility 32\"+ wide Doors
Total Parking Spaces 2
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Above Ground Finished SqFt 1336
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District Anne Arundel County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Management,Pool(s),Reserve Funds,Road Maintenance,Snow Removal,Trash,Lawn Care Front
Senior Community No
Tax ID 020601890072590
Ownership Condominium
SqFt Source 1336
Acceptable Financing Cash, Conventional, FHA, VA
Horse Property N
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK, Number Limit

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