192 Duke Of Gloucester Street

Description

SIGNIFICANT PRICE REDUCTION! A fantastic opportunity to own a piece of Annapolis, Maryland history. This property is an excellent investment for developers, builders, or individual buyers. The Thomas Hyde House, built in 1769, is a well-maintained federal style building that was constructed originally as a single-family residence but was converted to office spaces over the past 60+ years. This is a truly special home with endless possibilities. Located on one of the most coveted streets in downtown Annapolis, 192 Duke of Gloucester not only has beautiful views of the Maryland State House, but also has an extremely rare large parking lot adjacent to the building with 9 parking spaces. The building consists of three levels and a large basement. It's close proximity and walking distance to all downtown Annapolis, makes this property one to admire. The property is zoned "C2P" and has a wide range of remodel potential as well as income producing options. All systems have been updated including: plumbing, electric, HVAC, water heater, and roofing. The standing seam roof and flat roof were recently replaced in 2013. The HVAC system was replaced on the second floor as well as a highly efficient Mitsubishi dual unit split system on the third floor in 2014. The basement has sizable storage with a rear entrance. Don't miss out on this unique downtown, Annapolis offering.