108 Pine St, Chestertown, MD 21620
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
108 Pine St,Chestertown, MD 21620
$115,000
- 3 Beds
- 1 Baths
- 910 sq. ft.
- Single family
- Active
Listed by: david j. j moore
Office: real broker, llc.
MLS#:MDKE2006322
Source:BRIGHTMLS
Price summary
- Price:$115,000
- Price per sq. ft.:$126.37
About this home
FULL RENOVATION PROJECT - Prime Chestertown Location Priced for Immediate Equity Creation. This 3-bedroom, 1-bath single-family home at $115,000 represents a clear value-add opportunity in one of Chestertown’s most “walkable” corridors. With estimated renovation investment of $60K-$80K+, comparable renovated properties in this location are selling for $275K-$300K, creating potential equity of $80K-$125K for buyers with vision and capability.
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....
Contact an agent
Home facts
- Year built:1957
- Listing ID #:MDKE2006322
- Added:2 day(s) ago
- Updated:April 03, 2026 at 04:32 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:910 sq. ft.
Structure and exterior
- Roof:Composite, Shingle
- Year built:1957
- Building area:910 sq. ft.
- Lot area:0.17 Acres
- Architectural Style:Ranch/Rambler
- Construction Materials:Asbestos, Shingle Siding
- Exterior Features:Porch(es)
- Levels:1 Story
Schools
- High school:KENT COUNTY
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$115,000
- Price per sq. ft.:$126.37
- Tax amount:$1,657 (2025)
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