$549,000
111 Somerset St #2 B 1, Ocean City, MD, 21842
3
Beds
2
Baths
1,198
Square feet
Great downtown location. 1 block to bay, 2 blocks to Ocean. Walk to boardwalk, amusements, inlet, beach, bay water sports, restaurants, pubs, shops, festivals and more. This large 3 bedroom 2 bath townhouse was built in 2002 and has been upgraded throughout. The building has balconies, under building assigned parking for two autos, roof approximately 4 years old, and is meticulously maintained. This is a small self- managed condominium with only 6 total townhouses. This unit would be great for investors with strong rental income. 2022 gross income $36,707, 2023 gross income $35,380 and YTD bookings for 2024 $34,395. 2024 bookings must be honored. This would also make a great family property for personal use. Owners may have pets, tenants may not. Beautiful Smartcore vinyl wood plank flooring.
Facts & Features
| MLS® # | MDWO2020874 |
|---|---|
| Price | $549,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,198 |
| Acres | 0.00 |
| Year Built | 2000 |
| Type | Residential |
| Sub-Type | Condo, Interior Row/Townhouse |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 111 Somerset St #2 B 1 |
|---|---|
| Area | Bayside Interior (83) |
| Subdivision | NONE AVAILABLE |
| City | Ocean City |
| County | WORCESTER-MD |
| State | MD |
| Municipality | Ocean City |
| Zip Code | 21842 |
| Senior Community | No |
Amenities
| Utilities | Cable TV Available, Phone Available, Electric Available |
|---|---|
| Parking Spaces | 2 |
| Parking | Assigned, Paved Parking, Private, Under Home Parking |
| # of Garages | 2 |
| Garages | Covered Parking |
| Is Waterfront | No |
Interior
| Appliances | Built-In Microwave, Dishwasher, Disposal, Cooktop-Down Draft, Dryer - Electric, Freezer, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove, Washer, Water Heater |
|---|---|
| Heating | Forced Air, Heat Pump(s), Central |
| Cooling | Central A/C, Heat Pump(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 Story |
Exterior
| Exterior | Frame, Vinyl Siding |
|---|---|
| Exterior Features | Exterior Lighting, Gutter System, Sidewalks, Extensive Hardscape, Outside Shower |
| Roof | Asphalt |
| Foundation | Pilings |
School Information
| District | WORCESTER COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | May 11th, 2024 |
|---|---|
| Days on Market | 55 |
| Zoning | C-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway HomeServices PenFed Realty - OP |
|---|---|
| Contact Info | (410) 208-3500 |