712 N Baltimore Avenue Ocean City, MD 21842
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)