• 131 133 AND 129 Flatland Road CHESTERTOWN, MD 21620

  • $1,095,000
  • 0
    Bed(s)
  • 0
    Baths
  • 4,684
    Sq Ft
  • 22215
    Sqft

"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!

Property Type :

Multi-Family

County :

KENT

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Room Information

Patio/Porch Features: Deck(s),Porch(es)

Interior Features

Built-Ins,Ceiling Fan(s),Chair Railings,Combination Kitchen/Dining,Crown Moldings,Entry Level Bedroom,Recessed Lighting

Roof : Metal,Architectural Shingle

Property Appliances: Built-In Microwave,Dishwasher,Dryer,Exhaust Fan,Refrigerator,Stove,Washer,Water Heater

Roofing Information

Metal,Architectural Shingle

Heating & Cooling

Cooling: Central A/C,Heat Pump(s),Ductless/Mini-Split

Heating: Heat Pump(s),Baseboard - Electric

Cooling Fuel: Electric

Heating Fuel: Electric

Window Information

Window Treatments: Double Pane

Building Information

Year Built: 2006

Structure: Detached

Fireplace: 1

Major Appliances: Built-In Microwave,Dishwasher,Dryer,Exhaust Fan,Refrigerator,Stove,Washer,Water Heater

New Construction: No

Total Units: 4

Built: 2006

Construction Material: Brick,Vinyl Siding

Security System: Exterior Cameras

Roof: Metal,Architectural Shingle

Foundation/Basement: Crawl Space

Architecture: Colonial,Cape Cod

Pool/Private: No Pool

Roof Type: Metal,Architectural Shingle

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 22,215

Lot Size (Acres): 0.51

Architectural Style: Colonial,Cape Cod

Main Square Feet: 22,215

Property Information

SQ ft: 4,684

SQ ft (Living Area): 4,684

Total Lot SQ ft: 22,215

Financing: Conventional,Cash

Total Acreage: 0.51

New Construction: No

Type: Colonial,Cape Cod

Listing Information

Possession: Settlement

Days Of Market: 140

Tax Information

Annual Tax: $11,367

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $725,333

Virtual Tour

Parking Information

Total Parking Spaces: 7

Parking Type: Driveway,Attached Garage

Parking Features: Crushed Stone

Has Garage: Y

Garage Type: Garage - Front Entry,Garage Door Opener

Garage Space: 1

# of Attached Garage Spaces: 1

Multi-Unit Information

Acceptable Financing: Conventional,Cash

Roof: Metal,Architectural Shingle

Homeowners Association Information

Direction: From Chestertown take High Street towards Rock Hall. Make right on Flatland Road. Property on the right.

School Information

School District: KENT COUNTY PUBLIC SCHOOLS

Fire Place Information

Total Fire Place: 1

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Location Information

Direction: From Chestertown take High Street towards Rock Hall. Make right on Flatland Road. Property on the right.

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Nearby Home Value

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Annie Crow Road , Chestertown, MD,21620 $139,000 -- -- 163,786 163786 Sqft
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226 S Water Street , Chestertown, MD,21620 $995,000 3 3.5 -- 3782 Sqft
230 S Water Street #1, Chestertown, MD,21620 $995,000 3 3.5 -- 3840 Sqft
228 S Water Street , Chestertown, MD,21620 $950,000 3 3.5 -- 2592 Sqft
Sheldrake Drive , Chestertown, MD,21620 $15,000 -- -- 15,000 15000 Sqft
Elm Road , Chestertown, MD,21620 $41,500 -- -- 16,000 16000 Sqft
Melitota Lane , Chestertown, MD,21620 $30,000 -- -- 87,120 87120 Sqft
Caulks Field Road , Chestertown, MD,21620 $75,000 -- -- 87,120 87120 Sqft
Georgetown Road Se, Chestertown, MD,21620 $60,000 -- -- 87,120 87120 Sqft

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ByOwner last updated this listing 04/28/2024 @ 14:58

MLS: MDKE2003342
LISTED BY: Retha J Arrabal , Doug Ashley Realtors, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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