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Listed by Larry Cooper • Alex Cooper Auctioneers, Inc.
$650,000
Est. payment /mo
10,540 Sqft Lot
New
104 MAPLE AVE Chestertown, MD 21620
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDKE2006870
Year Built 1927
Annual Tax Amount $10,500
Tax Year 2025
Lot Size 10,540 Sqft
Acres 0.24
Lot Dimensions 1.00 x
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
List Price is opening bid. Online Auction Only! Bidding begins Saturday, August 15 and ends Thursday, August 20, 2026 at 1:00 PM. Exceptional Multi-Family Investment Opportunity in Chestertown!
Introducing 104 Maple Avenue, a beautifully updated 6-unit apartment building ideally located in Kent County's desirable Chestertown area. Thoughtfully renovated, this income-producing property seamlessly blends modern finishes with practical functionality, making it an outstanding addition to any investment portfolio.
Each unit has been carefully improved to provide attractive, comfortable living spaces designed to appeal to today's renters. The extensive updates enhance both the property's aesthetic appeal and long-term value while helping to minimize future maintenance concerns.
Upon full occupancy, the property offers an impressive Gross Annual Rent of $129,300±, presenting an exceptional opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently situated near Washington College, University of Maryland Medical Center, & downtown Chestertown's restaurants, shops, waterfront, and local amenities, the location further enhances its desirability for tenants.
Whether you're expanding your real estate portfolio or acquiring a high-performing multi-family asset, 104 Maple Avenue represents a rare opportunity to own a updated six-unit building in one of Kent County's most charming and sought-after communities.
Features and Highlights:
• (6) Apartments
• Thoughtfully Updated & Beautifully Maintained Building
• Stabilized Asset in a Prime Location
• Gross Annual Rent of $129,300±
• 7 Electric Meters
• 7 Electric Panels
• 3 Forced Hot Air Units
• 7,296± SF Building
• 8± Onsite Parking Spaces
Property Breakdown:
Main Level
-Central A/C
-Forced Hot Air Heat
Unit 1
Rented for $2,225/ mo
2 Bedrooms, 1 Full Bathroom
Unit 2
Rented for $1,890/ mo
2 Bedrooms, 1 Full Bathroom
Second Level
-Mini Split A/C & Heating System(s)
Unit 3
Rented for $1,520/ mo
2 Bedrooms, 1 Full Bathroom
Unit 4
Rented for $1,820/ mo
2 Bedrooms, 1 Full Bathroom
Note: tenant vacating at end of August.
Third Level
-Central A/C
-Forced Hot Air Heat
Unit 5
Rented for $1,400/ mo
2 Bedrooms, 1 Full Bathroom
Unit 6
Rented for $1,920/ mo
2 Bedrooms, 2 Full Bathrooms
Lower Level
Unfinished Basement housing utilities & storage space.
The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.
Introducing 104 Maple Avenue, a beautifully updated 6-unit apartment building ideally located in Kent County's desirable Chestertown area. Thoughtfully renovated, this income-producing property seamlessly blends modern finishes with practical functionality, making it an outstanding addition to any investment portfolio.
Each unit has been carefully improved to provide attractive, comfortable living spaces designed to appeal to today's renters. The extensive updates enhance both the property's aesthetic appeal and long-term value while helping to minimize future maintenance concerns.
Upon full occupancy, the property offers an impressive Gross Annual Rent of $129,300±, presenting an exceptional opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently situated near Washington College, University of Maryland Medical Center, & downtown Chestertown's restaurants, shops, waterfront, and local amenities, the location further enhances its desirability for tenants.
Whether you're expanding your real estate portfolio or acquiring a high-performing multi-family asset, 104 Maple Avenue represents a rare opportunity to own a updated six-unit building in one of Kent County's most charming and sought-after communities.
Features and Highlights:
• (6) Apartments
• Thoughtfully Updated & Beautifully Maintained Building
• Stabilized Asset in a Prime Location
• Gross Annual Rent of $129,300±
• 7 Electric Meters
• 7 Electric Panels
• 3 Forced Hot Air Units
• 7,296± SF Building
• 8± Onsite Parking Spaces
Property Breakdown:
Main Level
-Central A/C
-Forced Hot Air Heat
Unit 1
Rented for $2,225/ mo
2 Bedrooms, 1 Full Bathroom
Unit 2
Rented for $1,890/ mo
2 Bedrooms, 1 Full Bathroom
Second Level
-Mini Split A/C & Heating System(s)
Unit 3
Rented for $1,520/ mo
2 Bedrooms, 1 Full Bathroom
Unit 4
Rented for $1,820/ mo
2 Bedrooms, 1 Full Bathroom
Note: tenant vacating at end of August.
Third Level
-Central A/C
-Forced Hot Air Heat
Unit 5
Rented for $1,400/ mo
2 Bedrooms, 1 Full Bathroom
Unit 6
Rented for $1,920/ mo
2 Bedrooms, 2 Full Bathrooms
Lower Level
Unfinished Basement housing utilities & storage space.
The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.
Location
State MD
County Kent
Zoning R-3
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Ductless/Mini-Split
Heat Source Electric
Exterior
Garage Spaces 8.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Kent County Public Schools
Others
Tax ID 1504004841
Ownership Fee Simple
Special Listing Condition Auction
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