Welcome to the historic CHAP renovation in Ridgeley's Delight, where classic charm meets modern luxury. This property is pending CHAP (City Historic Preservation) tax credit final approval. With a base level of $165,000 of the initial pre-renovation value, this tax credit will save you thousands of dollars annually for 10 full years, making this not just a beautiful and luxurious place to live but also an exceptional value.Meticulously restored, this property features three exquisite residential apartments, each offering unique and upscale living experiences.The first floor unit boast two spacious bedrooms and two bathrooms with contemporary flair. The modern lacquer flat panel kitchen is complemented by Carrera-look quartz countertops and brand-new stainless steel appliances. Both bathrooms showcase a timeless black and white design, perfect with a sleek and elegant touch.The second floor units also feature two bedrooms and two bathrooms, with similar luxury finishes and amenities as the first floor. You'll find the stylish modern kitchen and sophisticated bathroom designs just as appealing.Experience elevated living in the third floor penthouse, which offers vaulted ceilings and abundant natural light. This exclusive penthouse features one bedroom with an en-suite bathroom, providing a perfect blend of privacy and elegance.Consider living in one unit and renting out the others for an excellent investment opportunity. Conveniently located within walking distance of the University of Maryland, this property is ideal for those affiliated with the university or seeking a vibrant, community-focused neighborhood.