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    3860 Gordon Stinnett Ave Chesapeake Beach, MD 20732

    For Sale
    $2,500,000

    Sixteen fully occupied residential properties in Chesapeake Beach.

    Lot size:
    0.59 Acres

    Property Features for 3860 Gordon Stinnett Ave

    General Information

    Lot size
    0.59 Acres

    Building Details

    Year built
    2001

    Source: Shasho Consulting PA Commerical R.E. Agent Harry A Shasho

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chesapeake Beach Multifamily Investment

    Sixteen residential properties, fully occupied, are located in Chesapeake Beach. Built in 2001, the properties occupy a land area of 25,700 square feet. The units consist of eight two-bedroom units, ranging from 946 to 960 square feet each, and eight three-bedroom units, ranging from 1044 to 1077 square feet each. The units are 100% electric, with the tenants responsible for these costs. The owner is responsible for water, sewer, and trash services. Chesapeake Beach features a water park, boardwalk, and fishing pier.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake Beach
    County
    Calvert
    State
    Maryland
    Longitude
    -76.538796
    Latitude
    38.6932408

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    FAQs

    What type of property is this?
    Apartment building - Sixteen fully occupied residential properties in Chesapeake Beach.
    Where is this apartment building located?
    The property is located at 3860 Gordon Stinnett Ave Chesapeake Beach, MD.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - 16 Fully Occupied Residential Properties; - Located in Chesapeake Beach near a water park, boardwalk, and fishing pier.; - Attractive Mix of Two and Three Bedroom Units
    (301) 643-1858
    Request Owner's contact information
    3860 Gordon Stinnett Ave Chesapeake Beach, MD 20732
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3860 Gordon Stinnett Ave Chesapeake Beach, MD 20732
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