Views
Listed By:
Doug Ashley Realtors, LLC
Address
131, 133 and 129 Flatland Road, Chestertown, MD
Price
$ 1,095,000
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

Property vs Contingent Average in 21620

Price
AVG $520K
$1.1M
Taxes
AVG $3,579
$10,572
Visits
AVG 133
409
Data Provided by Inside Real Estate®
Year Built
AVG 1984
2006
Walkscore
AVG 28
28
Data Provided by Walkscore® not using MLS data

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