Incredible investment opportunity in Chestertown within walking distance to Washington College, Downtown Chestertown's shops, farmers market, restaurants, and rails and trails. Fully occupied 4 unit apartment building that was gutted and completely renovated in 2017 with well established tenants and yearly leases. All units are separately metered with tenants paying their own utilities. Coin operated laundry room included. The building has been certified lead paint free! Everything about this building is turnkey and has virtually no non-occupancy since the present owners have renovated. Presently generating over $58,000.00 per year. Please see operating expense breakdown, income breakdown, lease expirations and Lead Paint Free certificate in Documents. The expense total include property taxes, insurance, public water and sewer, house electric meter, and maintenance ( lawn mowing, landscaping, HVAC maintenance and filters, snow removal, pest control maintenance, repairs after lease expirations). 48 hour notice to show.
Sold for $560,000
$560,000
425 High St, Chestertown, MD 21620
7beds
--baths
3,114sqft
Quadruplex
Built in 1920
-- sqft lot
$647,400 Zestimate®
$180/sqft
$1,745 Estimated rent
Home value
$647,400
$589,000 - $712,000
$1,745/mo
Zestimate® history
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$3,413/mo
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Zillow last checked:
Listing updated:
Listed by:
William Norris 410-708-0956,
Select Land & Homes, LLC,
Co-Listing Agent: Hayley A Norris 443-480-4157,
Select Land & Homes, LLC
Bought with:
Julie SANTOBONI, 672033
Cross Street Realtors LLC
Source: Bright MLS,MLS#: MDKE2002966
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Basement
- Area: 910
Heating
- Wall Unit, Other, Heat Pump, Electric
Cooling
- Ceiling Fan(s), Ductless, Heat Pump, Electric
Appliances
- Included: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
Features
- Ceiling Fan(s), Dry Wall
- Flooring: Vinyl, Wood
- Windows: Double Pane Windows
- Basement: Exterior Entry,Partial,Concrete,Side Entrance,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,024
- Total interior livable area: 3,114 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Exterior features: Sidewalks, Other
- Pool features: None
- Has view: Yes
- View description: Street
Lot
- Size: 3,360 sqft
- Features: Corner Lot, Landscaped, Rear Yard, Corner Lot/Unit
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1504009088
- Zoning: R-5
- Zoning description: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Block
- Foundation: Crawl Space, Block, Permanent, Pillar/Post/Pier
- Roof: Asphalt
Condition
- Very Good
- New construction: No
- Year built: 1920
- Major remodel year: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other, Fiber Optic
Community & neighborhood
Location
- Region: Chestertown
- Municipality: Chestertown
HOA & financial
Other financial information
- Total actual rent: 58260
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2023 | Sold | $560,000-2.6%$180/sqft |
Source:  Bright MLS #MDKE2002966 Report a problem | ||
| 8/10/2023 | Pending sale | $575,000$185/sqft |
Source: Bright MLS #MDKE2002966 Report a problem | ||
| 7/31/2023 | Listed for sale | $575,000+248.5%$185/sqft |
Source: Bright MLS #MDKE2002966 Report a problem | ||
| 9/21/2018 | Listing removed | $600 |
Source: Select Land & Homes, LLC #1002164930 Report a problem | ||
| 8/9/2018 | Listed for rent | $600-14.3% |
Source: Select Land & Homes, LLC #1002164930 Report a problem | ||
| 7/3/2018 | Listing removed | $700 |
Source: Select Land & Homes, LLC #1001910124 Report a problem | ||
| 6/20/2018 | Listed for rent | $700+16.7% |
Source: Select Land & Homes, LLC #1001910124 Report a problem | ||
| 2/21/2018 | Listing removed | $600 |
Source: Select Land & Homes, Llc #1000146272 Report a problem | ||
| 2/13/2018 | Listed for rent | $600 |
Source: Select Land & Homes, Llc #1000146272 Report a problem | ||
| 5/3/2016 | Sold | $165,000-44.1%$53/sqft |
Source: Public Record Report a problem | ||
| 11/16/2011 | Listing removed | $295,000$95/sqft |
Source: The Hogans Agency, Inc. #KE5081013 Report a problem | ||
| 9/27/2008 | Price change | $295,000-34.4%$95/sqft |
Source: Listhub #KE5081013 Report a problem | ||
| 1/26/2008 | Listed for sale | $449,900+83.6%$144/sqft |
Source: Listhub #KE5081013 Report a problem | ||
| 8/11/2004 | Sold | $245,000+104.2%$79/sqft |
Source: Public Record Report a problem | ||
| 7/31/2001 | Sold | $120,000+60%$39/sqft |
Source: Public Record Report a problem | ||
| 9/5/2000 | Sold | $75,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,873 +109.4% | $506,400 +4.7% |
| 2024 | $7,580 +4.9% | $483,667 +4.9% |
| 2023 | $7,224 +5.9% | $460,933 +5.2% |
| 2022 | $6,824 -0.6% | $438,200 +0.1% |
| 2021 | $6,863 +0.1% | $437,900 +0.1% |
| 2020 | $6,858 +0.3% | $437,600 +0.1% |
| 2019 | $6,839 +0.6% | $437,300 |
| 2018 | $6,796 +3.3% | $437,300 |
| 2017 | $6,577 +28.8% | $437,300 +30.4% |
| 2016 | $5,108 | $335,300 |
| 2015 | $5,108 | $335,300 |
| 2014 | $5,108 | $335,300 -1.3% |
| 2013 | -- | $339,600 |
| 2012 | -- | $339,600 |
| 2011 | -- | $339,600 -16.1% |
| 2010 | -- | $404,940 +9.1% |
| 2009 | -- | $371,272 +10% |
| 2008 | -- | $337,606 +11.1% |
| 2007 | -- | $303,940 +22.7% |
| 2006 | -- | $247,636 +34.2% |
| 2005 | -- | $184,463 +52.1% |
| 2004 | -- | $121,290 +8.1% |
| 2003 | -- | $112,246 +8.8% |
| 2002 | -- | $103,203 +9.6% |
| 2001 | -- | $94,160 |
Find assessor info on the county website
Neighborhood: 21620
Nearby schools
GreatSchools rating
- 7/10H. H. Garnett Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 2/10Kent County Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Kent County High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- District: Kent County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$647,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$647,400
- Maryland
- Kent County
- Chestertown
- 21620
- 425 High St
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