$2,999,999
712 N Baltimore Ave, Ocean City, MD, 21842
12
Beds
6
Baths
4,209
Square feet
0.07
Acres
Here is your opportunity to own one of only a few properties in Ocean City that can accommodate 40 guests under one roof!! This property is a multi-family building that has been completed renovated in downtown Ocean City. Set up as a duplex with 6 bedrooms, 3 bathrooms, 2 kitchens, and 2 laundry rooms on each side! Each side comfortably sleeps 20 guests. Combined, this property has 12 bedrooms, 6 bathrooms, 4 kitchens and 4 baths; sleeping 40 total! Maintenance free exterior with cedar siding and composite decking/vinyl rails. Currently the property is used as a duplex, but has the option for a lockout basement, making 4 total units if desired. Brand new HVAC throughout in 2022. This property consistently brings in > $300,000 in rental income each year! 2024 rentals have just begun and there is currently $222,497.34 on the books. This house prints money!! If interested in using this property as a rental, the current property management company charges 12% of the nightly rate if the new owner has interest in continued rental success and a seamless transition. 2024 Rentals must be honored.
Facts & Features
MLS® # | MDWO2021360 |
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Price | $2,999,999 |
Bedrooms | 12 |
Bathrooms | 6.00 |
Full Baths | 6 |
Square Footage | 4,209 |
Acres | 0.07 |
Year Built | 1930 |
Type | Residential |
Sub-Type | End of Row/Townhouse |
Style | Coastal |
Status | Active |
Community Information
Address | 712 N Baltimore Ave |
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Area | Ocean Block (82) |
Subdivision | NONE AVAILABLE |
City | Ocean City |
County | WORCESTER-MD |
State | MD |
Municipality | Ocean City |
Zip Code | 21842 |
Senior Community | No |
Amenities
Utilities | Cable TV |
---|---|
View | Ocean |
Is Waterfront | No |
Interior
Appliances | Built-In Microwave |
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Heating | Central |
Cooling | Ductless/Mini-Split, Central A/C |
Has Basement | No |
Fireplace | Yes |
# of Fireplaces | 2 |
# of Stories | 3 |
Stories | 3 |
Exterior
Exterior | Shingle |
---|---|
Roof | Architectural Shingle |
Foundation | Slab |
School Information
District | WORCESTER COUNTY PUBLIC SCHOOLS |
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High | STEPHEN DECATUR |
Additional Information
Date Listed | June 6th, 2024 |
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Days on Market | 29 |
Zoning | R-3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Taylor Properties |
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