108 PINE ST Chestertown, MD 21620
3 Beds
1 Bath
910 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 910 sqft
Price per Sqft $126
Subdivision College Heights
MLS Listing ID MDKE2006322
Style Ranch/Rambler
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 910
Year Built 1957
Available Date 2026-04-03
Annual Tax Amount $1,657
Tax Year 2025
Lot Size 7,500 Sqft
Acres 0.17
Source BRIGHT
Property Description
Close proximity to Washington College creates built-in rental demand from students, faculty, and staff. Plus easy access to Downtown Chestertown shops, restaurants, and waterfront parks are minutes away on foot. Starbucks and grocery stores are easily accessible. This is a prime location renovation opportunity where comparable updated homes command premium pricing.
The renovation reality. This property requires full renovation and is priced accordingly. Systems, finishes, and layout will need comprehensive updating. Estimated investment ranges from $60,000 to $80,000+ depending on finish level and scope decisions. This is a project for experienced investors, renovation contractors, or buyers with construction capability who understand forced appreciation through strategic improvements.
The opportunity math works. Purchase at $115,000. Invest $60K-$80K in renovations. All-in cost: $175K-$195K. Recent comparable sales for fully renovated 3-bedroom homes in walkable Chestertown locations are selling in the $275K-$300K range. Your potential equity position: $80,000 to $125,000 upon completion.
Multiple exit strategies. Flip after renovation for immediate profit. Hold as rental property serving Washington College market with strong rental history in the area. Owner-occupy and build instant equity while creating your ideal home. The location flexibility supports whatever investment strategy fits your goals.
Property sold AS-IS. Serious buyers should conduct thorough inspections and due diligence. This is a renovation project, not a cosmetic update - price reflects condition and opportunity.
Act quickly on clear value plays. Properties offering this equity spread in prime walkable locations move fast when priced correctly.
Location
State MD
County Kent
Zoning R-2
Rooms
Main Level Bedrooms 3
Interior
Hot Water Other
Heating Other
Cooling Other
Fireplace N
Heat Source Other
Exterior
Exterior Feature Porch(es)
Garage Spaces 1.0
Water Access N
Roof Type Shingle,Composite
Accessibility None
Porch Porch(es)
Total Parking Spaces 1
Garage N
Building
Story 1
Above Ground Finished SqFt 910
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Kent County
School District Kent County Public Schools
Others
Senior Community No
Tax ID 1504004418
Ownership Fee Simple
SqFt Source 910
Acceptable Financing Cash, FHA 203(k)
Listing Terms Cash, FHA 203(k)
Financing Cash,FHA 203(k)
Special Listing Condition Standard
Nearby Locations