104 Maple Avenue in Chestertown. with a well-balanced unit mix, including one 3-bedroom unit and five 2-bedroom units - appealing to long-term occupancy stability. Each unit has been updated with features designed for durability and tenant retention, including engineered hardwood or hardwood flooring, updated kitchens with quartz countertops (select units),… Read More recessed LED lighting, and in-unit washer/dryer setups in most units. Additional highlights across units include dishwashers, garbage disposals, ceiling fans, and mini-split systems, providing modern comfort and efficiency. The current ownership has made significant building-wide improvements, reducing future capital expenditure risk for the next investor. All major updates were done in 2019. Situated in Chestertown's historic and walkable community, tenants benefit from proximity to the town's vibrant downtown, known for its locally owned restaurants, waterfront views along the Chester River, boutique shopping, and year-round events. The presence of Washington College adds to the area's stability and rental demand, while the town's charm and quality of life continue to attract long-term residents. This is a turnkey, stabilized asset with strong fundamentals, minimal deferred maintenance, and clear upside through continued rent optimization and operational efficiencies. Read Less
Courtesy of Nicolas Dively, Real Broker, LLC - Annapolis 855-450-0442
Listing Snapshot
Days Online
0
Last Updated
Property Type
Commercial
Square Ft.
7,296
Lot Size
0.24 Acres
Year Built
1927
MLS Number
MDKE2006386
Additional Details
Building
Built in 1927, Built in 2019 (effective), 3 stories, Entry level: 1, Construction Materials: Wood Siding, Tile
Cooling
Ceiling Fan(s), Ductless/Mini-Split
Accessibility Features
Level Entry - Main
Foundation
Crawl Space
Heating
Heat Pump(s)
Lot
0.24 acres, Dimensions: 1.00 x
Property
River
Sewer
Public Sewer
Taxes
Annual Amount: $10,500, Year: 2025, Zoning: R-3
Utilities
Water Source: Public
Water Features
Water Body Name: Chester River
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