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Executive Summary

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 Facts

Price $1,912,248 CAD
Price Per Unit $318,708 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 5,472 SF
No. Stories 3
Year Built 1927
Opportunity Zone Yes
Zoning R3

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Views
  • Yard
  • Basement
  • Deck
  • Family Room
  • Freezer
  • Linen Closet
  • Pantry
  • Porch
  • Quartz Countertops

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $3,152 CAD 900
2+2 2 $2,698 CAD 900
2+1 3 $1,997 CAD 800
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
04-004841
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$949,042 CAD
  • Listing ID: 41244542

  • Date on Market: 2026-07-10

  • Last Updated:

  • Address: 104 Maple Ave, Chestertown, MD 21620

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