104 Maple Avenue, Chestertown, MD 21620

Property Description

104 Maple Avenue in Chestertown. with a well-balanced unit mix, including one 3-bedroom unit and five 2-bedroom units—appealing to long-term occupancy stability. Each unit has been updated with features designed for durability and tenant retention, including engineered hardwood or hardwood flooring, updated kitchens with quartz countertops (select units), recessed LED lighting, and in-unit washer/dryer setups in most units. Additional highlights across units include dishwashers, garbage disposals, ceiling fans, and mini-split systems, providing modern comfort and efficiency. The current ownership has made significant building-wide improvements, reducing future capital expenditure risk for the next investor. All major updates were done in 2019. Situated in Chestertown’s historic and walkable community, tenants benefit from proximity to the town’s vibrant downtown, known for its locally owned restaurants, waterfront views along the Chester River, boutique shopping, and year-round events. The presence of Washington College adds to the area’s stability and rental demand, while the town’s charm and quality of life continue to attract long-term residents. This is a turnkey, stabilized asset with strong fundamentals, minimal deferred maintenance, and clear upside through continued rent optimization and operational efficiencies.

Property Features

Local Schools