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About This Home

This 2-bedroom, 2-bathroom condo at 40 GREYSTONE CT #G in Annapolis, MD is listed for $295,000. Built in 1991, on a N/A lot.

Agent Description

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.

Key Features

  • Built in 1991

Property Details

1 story
2 full
1991

Monthly Cost Estimate

$1,578/mo

20% down · 6.5% · 30 years

Principal$213
Interest$1,278
Insurance$86

Estimates only. Actual payments may vary.

Location

40 GREYSTONE CT #G

Annapolis, MD 21403

ANNAPOLIS OVERLOOK

Features & Amenities

Interior Features

Bathroom - Tub ShowerBreakfast AreaCarpetCombination Dining/LivingDining AreaFloor Plan - OpenKitchen - IslandPrimary Bath(s)Wood Floors

Property Details

Construction

Vinyl Siding

Parking

Parking Lot

Heating

Forced AirHeat Pump (Heating)

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerMicrowaveRangeRange - ElectricRefrigeratorWasherWasher/Dryer Combo

Questions & Answers

This 2-bedroom, 2-bathroom condo at 40 GREYSTONE CT #G is listed at $295,000. The estimated monthly payment is $1,278 based on 20% down at 6.5% interest.

Key features include: Built in 1991. Interior Features: Bathroom - Tub Shower, Breakfast Area, Carpet.

This property is listed by Ramtin Zadeh and can be reached at 8885360216 or ramtin.zadeh@longandfoster.com.

RZ

Ramtin Zadeh

Agent at One Montgomery

(888) 536-0216

Listed by One Montgomery · View on Broker Site

MLS# MDAA2142956· Source: listhub· Updated 34 days ago

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

40 GREYSTONE CT #G, Annapolis, MD 21403

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