104 Maple Avenue Chestertown, MD $ 650,000
104 Maple Avenue
$ 650,000
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104 Maple Avenue

Chestertown, MD, 21620
$ 650,000
Bedrooms-- Baths-- Sq 7,296

Monthly Estimate*

$ 4,104

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Commercial Property for sale in Chestertown, MD

for $650,000. This 7,296 square foot building was built in 1927 on a lot size of 0.24.

List Price is opening bid. Online Auction Only! Bidding begins Saturday, August 15 and ends Thursday, August 20, 2026 at 1:00 PM. Exceptional Multi-Family Investment Opportunity in Chestertown! Introducing 104 Maple Avenue, a beautifully updated 6-unit apartment building ideally located in Kent County's desirable Chestertown area. Thoughtfully renovated, this income-producing property seamlessly blends modern finishes with practical functionality, making it an outstanding addition to any investment portfolio. Each unit has been carefully improved to provide attractive, comfortable living spaces designed to appeal to today's renters. The extensive updates enhance both the property's aesthetic appeal and long-term value while helping to minimize future maintenance concerns. Upon full occupancy, the property offers an impressive Gross Annual Rent of $129,300, presenting an exceptional opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently situated near Washington College, University of Maryland Medical Center, & downtown Chestertown's restaurants, shops, waterfront, and local amenities, the location further enhances its desirability for tenants. Whether you're expanding your real estate portfolio or acquiring a high-performing multi-family asset, 104 Maple Avenue represents a rare opportunity to own a updated six-unit building in one of Kent County's most charming and sought-after communities. Features and Highlights: (6) Apartments Thoughtfully Updated & Beautifully Maintained Building Stabilized Asset in a Prime Location Gross Annual Rent of $129,300 7 Electric Meters 7 Electric Panels 3 Forced Hot Air Units 7,296 SF Building 8 Onsite Parking Spaces Property Breakdown: Main Level -Central A/C -Forced Hot Air Heat Unit 1 Rented for $2,225/ mo 2 Bedrooms, 1 Full Bathroom Unit 2 Rented for $1,890/ mo 2 Bedrooms, 1 Full Bathroom Second Level -Mini Split A/C & Heating System(s) Unit 3 Rented for $1,520/ mo 2 Bedrooms, 1 Full Bathroom Unit 4 Rented for $1,820/ mo 2 Bedrooms, 1 Full Bathroom Note: tenant vacating at end of August. Third Level -Central A/C -Forced Hot Air Heat Unit 5 Rented for $1,400/ mo 2 Bedrooms, 1 Full Bathroom Unit 6 Rented for $1,920/ mo 2 Bedrooms, 2 Full Bathrooms Lower Level Unfinished Basement housing utilities & storage space. The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 10,500

Style

Apartment Building

Lot Size

0.24

Year Built

1927

Town/City

Chestertown

County/Region

Kent

MLS | Web ID

MDKE2006870

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C Ductless/Mini-Split
Possession Settlement
Zoning R-3
Construction Materials Shake Siding
Year Built 1927
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Chestertown
Business Type Apartment Building
Accessibility 2+ Access Exits
County KENT
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Church Hill Rd. to Maple Ave.
City CHESTERTOWN
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 10540.00
Tax Annual Amount 10500.0
Price Per Sq Ft Total AG 89.09
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Public
Type of Parking Other
Water View Y/N N
Building Area Total 7296.00
Lot Dimensions 1.00 x
Lot Size Acres 0.24
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 186400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 104
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* Excluded Features
List By
Alex Cooper Auctioneers, Inc.

Broker

larry@alexcooper.com

Email

Affordability Calculator

$4,979
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$875
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$650,000 Listed Price

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104 Maple Avenue, Chestertown, MD, 21620 is a Commercial Property for sale at $650,000 with 7,296 sqft and a lot size of 0.24. 104 Maple Avenue was built in 1927. The property's zip code is 21620 which is in Chestertown, MD