$2,899,999
Active
36 Days Online
12 Beds6 Baths4,209 SQFT
Active

712 N Baltimore Avenue Ocean City, MD 21842

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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! There are still a lot of holes to fill in the calendar and we are currently at $318, 226 on the books for this season. 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.

  • Property TypeTownhouse
  • NeighborhoodNone Available
  • CountyWorcester
  • Taxes$8,700
  • HOA/Condo/Coop Fees$0
  • Days on Site36 Days
  • MLS StatusActive
  • MLS ID NumberMDWO2021360
  • Home Size Source Estimated
  • Year Built1930
  • Lot Size0.07 Acres
  • Full Baths6
  • Partial BathsN/A

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General Features

  • Style Coastal
  • Construction Shingle Siding
  • Parking Off StreetOn StreetDriveway
  • Sewer Public Sewer
  • Number of Stories Three Or More
  • Acreage 0.07
  • Water Public
  • Property Sub Type Townhouse
  • Attached Garage No
  • Foundation Slab
  • Zoning R-3

Interior Features

  • Cooling Ductless/ Mini- SplitCentral A/ CElectric
  • Heating CentralElectric
  • Appliances Built- In Microwave
  • Flooring Laminated
  • Fireplaces 2
  • Fireplace Yes

Exterior Features

  • View Ocean
  • Spa No
  • Waterfront Property No

Community Features

  • Senior Community No
  • MLS Area Ocean Block (82)

Schools

School District
WORCESTER COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
STEPHEN DECATUR

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Monthly Payment (Est.)

$14,044
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