40 Greystone Court, Unit G • Annapolis, MD 21403

$310,000 Beds: 2 • Baths: 2 full • Sq. Feet: 1336 • MLS ID: MDAA2142956 • Subdivision: ANNAPOLIS OVERLOOK • School Dist: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
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. View this listing at: http://tammysitesrealtor.com/mls=MDAA2142956

Property Features

  • Taxes: $3,222
  • Exterior: Vinyl Siding
  • Parking Notes: 2 Total Parking Spaces
  • Heating: 90% Forced Air,Forced Air,Heat Pump(s)
  • Fuel Type: Electric
  • Cooling: Central A/C
  • Year Built: 1991
  • Fireplaces: 1
  • Water: Public
  • Sewer: Public Sewer
  • Stories: 1.0
  • Condo/Coop Fee: $315.00/Monthly
  • Accessibility: 32"+ wide Doors
  • Additional Structures: Above Grade
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Total Garage/Parking Spaces: 2
  • Parking Features: Concrete Driveway
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit
  • Appliances: 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
  • Community Amenities: Club House,Fitness Center,Pool - Outdoor
  • SQFT Total Finished: 1336
  • SQFT Above Finished: 1336
  • Interior: Bathroom - Tub Shower,Breakfast Area,Carpet,Combination Dining/Living,Dining Area,Floor Plan - Open,Kitchen - Island,Primary Bath(s),Wood Floors
  • Utilities: Cable TV Available,Phone Available,Water Available,Sewer Available,Electric Available

School Information

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Printed May 08, 2026


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