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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.
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
Monthly Cost Estimate
$1,578/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
40 GREYSTONE CT #G
Annapolis, MD 21403
ANNAPOLIS OVERLOOK
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
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.








