104 Maple Avenue
Chestertown, MD, 21620 $ 650,000
Bedrooms-- Baths-- Sq 7,296 Monthly Estimate*
$ 4,104
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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FeaturesInteriorHeating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer 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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ExteriorWater 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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* Excluded FeaturesList ByAlex Cooper Auctioneers, Inc.Broker
larry@alexcooper.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Chestertown, MD
Average List Price $900,364
Percent of Sale Price 39%
About Chestertown, MD 5,312 Population
10% Since 2002
$ 47,055 Median Income
32.86 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/28/2026 | $650,000 | | Listed Price |