Property Attributes
- MLS#MDKE2003354
- TypeContingent
- CountyKENT
- CityChestertown
- NeighborhoodChestertown
- Zip21620
- StyleColonial,Cape Cod
- Year Built2006
- Taxes$ 10572
- Price$ 1,095,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage4684
- Lot Size0.51 Acres
Data Source:
Bright MLS
Property Description
"Strawboard Mill" offers 2 brick, townhomes (each townhouse has 2 units), with metal roofs, 1 efficiency apartment and a 3 bedroom, 2 bath residence. The brick townhomes were built in 1902+/- and were used as housing for mill factory workers. There are two, 2 bedroom, 1 bath units in each townhome. Each townhome unit has washer and dryer. The efficiency unit also has a washer and dryer. All units are leased on a month to month basis. All townhome units have Lead Free Certificates from MDE. The main house, which houses the efficiency unit over the garage, was built in 2005. Current monthly rental income is $5,225 with the potential to increase to market level of about $6,500+/- and even more if you rent out the main house. The owners live in a well appointed Cape Cod that offers the possibility of a 1st floor bedroom, kitchen and family room as well as office space, 2 additional bedrooms on the second level with a "Jack n Jill" bathroom setup. There are laminate floors throughout most of the house as well as wood ceilings in most rooms. There are actually 2 garage spaces however one has been transformed into an exercise room. The rear deck overlooks the private backyard and offers a gazebo on the deck. Do you need a separate office? You are in luck! There is an attached office space with a mini split system for heating and cooling. The sellers live in the Cape Cod however you could easily rent the house to gain more income. There is potential to increase the current rent rolls to meet current rental market values. This is a rare opportunity to own, arguably, one of the finest rental properties in Chestertown!
Elementary School | Middle School | High School |
---|---|---|
H. H. Garnett Elementary School | Kent County Middle School | Kent County High School |
Price History | |
---|---|
11/10/2023 | Listed $1,195,000 |
12/5/2023 | 9% - $1,095,000 |
General Features
Interior Features | Built-Ins,Ceiling Fan(s),Chair Railings,Combination Kitchen/Dining,Crown Moldings,Entry Level Bedroom,Recessed Lighting |
---|---|
Sewer | Public Sewer |
Heating | Heat Pump(s),Baseboard - Electric |
Cooling | Central A/C,Heat Pump(s),Ductless/Mini-Split |
Possession | Settlement |
Roof | Metal,Architectural Shingle |
Appliances | Built-In Microwave,Dishwasher,Dryer,Exhaust Fan,Refrigerator,Stove,Washer,Water Heater |
Exterior Features | Exterior Lighting,Extensive Hardscape,BBQ Grill |
Zoning | LI-1 |
Garage Spaces | 1.00 |
Pool Y/N | No Pool |
Patio/Porch Features | Deck(s),Porch(es) |
Architectural Style | Colonial,Cape Cod |
Security Features | Exterior Cameras |
Construction Materials | Brick,Vinyl Siding |
Year Built | 2006 |
Electric | 200+ Amp Service |
View | Trees/Woods,Street |
Levels | 2 |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Contingency Type | Financing Approval,Home Inspection |
Accessibility | None |
County | KENT |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | No |
Subdivision Name | CHESTERTOWN |
Garage Y/N | Yes |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Status | ACTIVE UNDER CONTRACT |
Directions | From Chestertown take High Street towards Rock Hall. Make right on Flatland Road. Property on the right. |
ModificationTimestamp | 2024-03-20T16:33:44 |
City | CHESTERTOWN |
Buyer Agent Compensation | 2.5 |
Disclosures | Lead Free Paint,Lead Based Paint - State,Lead Based Paint - Federal,Prop Disclosure |
Senior Community Y/N | No |
Lot Size Square Feet | 22215.00 |
Tax Assessed Value | 725333.0 |
Waterfront Y/N | No |
Street Name | FLATLAND |
Tax Annual Amount | 10572.0 |
Home Warranty Y/N | No |
Property Condition | Excellent |
Structure Type | Detached |
Condo/Coop Association Y/N | No |
Bathrooms Full Main Level | 1 |
Bathrooms Count Main Level | 1.00 |
Price Per Sq Ft | 233.77 |
Acceptable Financing | Conventional,Cash |
Additional Parcels Y/N | No |
Historic Y/N | No |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Virtual Tour | https://thru-the-lens-ivuf.view.property/2191398?idx=1 |
Total SQFT | 4684 |
Days on Market | 132 |
Standard Status | Active Under Contract |
Year Built Source | Estimated |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Electric |
---|---|
Flooring | Tile/Brick,Laminate Plank |
Total Fireplaces | 1 |
Fireplace Features | Gas/Propane |
Hot Water | Electric |
Basement (Y/N) | No |
Heating Y/N | Yes |
Window Features | Double Pane |
Fireplace Y/N | Yes |
Above Grade Finished Area | 4684 |
Full Baths | 2 |
Street Suffix | ROAD |
Central Air Y/N | Yes |
Total Bedrooms | 3 |
Main Level Bedrooms | 1 |
Below Grade Finished Area Unit Type | Square Feet |
LivingAreaSource | Estimated |
Below Grade Unfin Area Units | Square Feet |
Below Grade Unfin SQFT Source | Estimated |
Below Grade Finished Area Source | Estimated |
Bedrooms Count All Upper Levels | 2 |
Bedrooms Count Upper Level 1 | 2 |
Bathrooms Full Upper Level 1 | 1 |
Bathrooms Full All Upper Levels | 1 |
Bathrooms Count Upper Level 1 | 1.00 |
Bathrooms Count All Upper Levels | 1 |
Above Grade Finished Area Source | Estimated |
Above Grade Finished Area Unit Type | Square Feet |
Total Baths | 2 |
Exterior Features
Parking Features | Crushed Stone |
---|---|
Lot Features | Landscaping |
Water Source | Public |
Total Parking Spaces | 1 |
Garage Features | Garage - Front Entry,Garage Door Opener |
Type of Parking | Driveway,Attached Garage |
Land Use Code | R |
Foundation Details | Crawl Space |
Spa | Yes |
Water View Y/N | No |
Lot Size Acres | 0.51 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Land Assessed Value | 125500.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
# of Attached Garage Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool