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131, 133 and 129 Flatland Road

CHESTERTOWN, MD 21620
  • $1,095,000
  • STATUS: Active Under Contract
  • ON SITE: 207 Days
  • ID#: MDKE2003342
Under Contract
UPDATED: 104 min ago
$1,095,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,684
    SQFT
  • $234
    $/SQFT
Type:
Multi-Family
Built:
2006
County:

School Ratings & Info

School District:

Description

"Strawboard Mill" offers 2 brick townhomes, 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!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-28T10:25:55.32.
www.bicdecaro.com/homes/144939171
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131, 133 and 129 Flatland Road CHESTERTOWN, MD 21620

  • Price: $1,095,000
  • Status: Active Under Contract
  • On Site: 207 Days
  • Updated: 104 min ago
  • ID#: MDKE2003342
0
Beds
0
Baths
0
½ Baths
0.51
Acres
4,684
SQFT
$234
$/SQFT
2006
Built
County:
Kent
School District:
Kent County Public Schools
Property Description
"Strawboard Mill" offers 2 brick townhomes, 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!
Exterior Features

Architectural Style ColonialCape Cod Construction Materials BrickVinyl Siding Garage Spaces 1.00 Garage Type Garage - Front EntryGarage Door Opener Garage YN Yes Lot Features Landscaping Other Structures GazeboOffice/Studio Parking Features Crushed Stone Parking Types DrivewayAttached Garage Patio And Porch Features Deck(s)Porch(es) Pool No Pool Property Condition Excellent Roof MetalArchitectural Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4684 Appliances Built-In MicrowaveDishwasherDryerExhaust FanRefrigeratorStoveWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CHeat Pump(s)Ductless/Mini-Split Fireplace YN Yes Fireplaces Total 1 Flooring Tile/BrickLaminate Plank Heating Heat Pump(s)Baseboard - Electric Heating YN Yes Interior Features Built-InsCeiling Fan(s)Chair RailingsCombination Kitchen/DiningCrown MoldingsEntry Level BedroomRecessed Lighting Security Features Exterior Cameras Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 4 Walls Ceilings Dry WallWood CeilingsWood WallsBeamed Ceilings

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Existing Lease Type Month to Month Foundation Details Crawl Space Heating Fuel Electric Hot Water Electric Municipality Chestertown Navigable Water YN N New Construction YN No Number Of Units Total 4 Number Of Units Vacant 0 Original MLSNumber 802710846020 Owner Pays Common Area MaintenanceRepairsInsuranceTaxes - Real EstateSewerWater Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 11367.00 Total Actual Rent 62700.00 Vacation Rental YN No Water Source Public Window Features Double Pane Zoning LI-1

Listing courtesy of Doug Ashley Realtors, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-28T10:25:55.32.
 
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