$2,300,000

200 HIGH ST, Chestertown, MD 21620

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1860
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

A rare turnkey, profitable, investment property in downtown Chestertown. Renovated to the studs in 2022, 200-202-204 High Street has 5 apartments and 3 storefronts and since renovations has had no vacancies, with solid leases in place. During the renovations every major system in the building was replaced. Upgrades include new electric service, meters and new wiring throughout, all new plumbing using PEX, new energy efficient water heaters and appliances, rebuilt foundation, new Jeldwen Auralast windows, insulation and air sealing, new roof on rear portions of building (front cedar roof was replaced in early 2000s), new water and sewer lines and rear egress, a monitored fire alarm system and much more. Two of the storefronts are rented to a local arts non-profit and a yoga and pilates studio will be moving into the third commercial space in April. The 5 apartments consist of two 2-bedroom units and three 1-bedroom apartments. The steady income stream from the units is complemented by a generous property tax credit through 2032 (buyer to verify transferability). The property also has a Limited Lead-Free certificate, which requires only an exterior visual inspection every two years, and exempts the owner from MDE registration requirements. Complete income and expense information available after signing a confidentiality agreement. Limited photos posted for tenants' privacy. Contact for a private tour today. Please do not disrupt the businesses, they are tenants and the businesses are not part of the sale.

Listing Status:
Active
Data Last Updated:
March 24, 2026 at 1:19AM
Listing Office:
Taylor Properties : 3019702447
Listing Agent:
Julie H SANTOBONI : 2026076762
MLS ID:
MDKE2006092
  • Flooring: Laminate plank
  • A/C: Central A/CDuctless/Mini-SplitEnergy Star Cooling SystemHeat Pump(s)Multi UnitsProgrammable Thermostat
  • Heating: Heat Pump - Electric BackUpProgrammable ThermostatElectric
  • Disability Feature: None
  • Eco/Green Feature: AppliancesHvacIncentives
  • Parking: PrivateSurface
  • Roofing: Architectural ShingleAsphaltRubberShake
  • General: Advanced FramingCombinationSprayFoamInsulationWood SidingHardiPlank Type
  • Originating MLS: BRIGHT_MAIN
  • School District: KENT COUNTY PUBLIC SCHOOLS
  • County: KENT-MD
  • Zoning: C21504008952
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Julie H SANTOBONI , Taylor Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Henry Highland Garnet Elementary School

320 Calvert St, Chestertown, MD, 21620

Grades PK-5

0.44 miles away

K

Kent County Middle School

402 E Campus Ave, Chestertown, MD, 21620

Grades 6-8

0.67 miles away

K

Kent County High School

25301 Lambs Meadow Rd, Worton, MD, 21678

Grades 9-12

5.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.