111 SOMERSET ST #2 B 1
OCEAN CITY, MD 21842
549000
MLS Number: MDWO2020874
Beds: 3
Baths: 2
Description
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.
Exterior Features
Foundation: Pilings
Garage(s): Y
Pool: No Pool
Roof: Asphalt
Style: Traditional
Exterior Features: Exterior Lighting,Gutter System,Sidewalks,Extensive Hardscape,Outside Shower
Waterfront: N
Waterview: N
Interior Features
Appliances: Built-In Microwave,Dishwasher,Disposal,Cooktop - Down Draft,Dryer - Electric,Freezer,Exhaust Fan,Icemaker,Microwave,Refrigerator,Stove,Washer,Water Heater
Basement: N
Heating: Forced Air,Heat Pump(s),Central
Cooling: Y
Fireplace: N
Furnished: Yes
Water: Public