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131, 133 and 129 FLATLAND ROAD, Chestertown, MD 21620
$1,095,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
4,684
sqft
Built in
2006
"Strawboard Mill" offers 2 brick, townhomes (each townhouse has 2 units), 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!
Features & Amenities
Interior
- General:
- Built-Ins,Ceiling Fan(s),Chair Railings,Combination Kitchen/Dining,Crown Moldings,Entry Level Bedroom,Recessed Lighting
- Appliances:
- Built-In Microwave,Dishwasher,Dryer,Exhaust Fan,Refrigerator,Stove,Washer,Water Heater
- Flooring:
- Tile/Brick,Laminate Plank
- A/C:
- Central A/C,Heat Pump(s),Ductless/Mini-Split
- Heating:
- Y, Heat Pump(s),Baseboard - Electric, Electric
- Fireplace:
- Gas/Propane, Fireplace, Fireplaces: 1
- Disability Feature:
- None
Exterior
- General:
- Exterior Lighting,Extensive Hardscape,BBQ Grill, Above Grade,Below Grade
- Style:
- Colonial,Cape Cod
- Parking:
- Crushed Stone
Construction
- Roofing:
- Metal,Architectural Shingle
- Windows:
- Double Pane
- General:
- Brick,Vinyl Siding, 2, Crawl Space
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- KENT COUNTY PUBLIC SCHOOLS
- County:
- KENT
Lot
- Zoning:
- LI-1, 1504000374
- View:
- Trees/Woods,Street
- Current Use:
- R
Utilities
- Utilities:
- 200+ Amp Service
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Doug Ashley Realtors, LLC, Retha J Arrabal
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Chestertown, MD
Housing
- Number of Units
- 6,103
- Median Home Value
- $275,399
- Median Rent
- $816
33.63% of housing units are renter occupied.
15.52% are vacant.
Commute
- Car
-
71.92%
- Public Transportation
-
1.46%
- Walk to Work
-
7.53%
- Work from Home
-
17.36%
- Other
-
1.36%
The median travel time to work is 23 minutes.
People
- Population
- 12,742
- Median Age
- 42.90
- Median Household Size
- 2.50
Education
- High School
-
28.04%
- Associate’s Degree
-
4.62%
- Bachelor’s Degree
-
19.62%
- Graduate Degree
-
20.69%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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