Ocean City Oceanblock
712 N BALTIMORE AVE
OCEAN CITY, MD 21842
2999999 OCEAN CITY, MD 21842
MLS Number: MDWO2021360
Beds: 12
Baths: 6
Description
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. General Details
Bedrooms: 12 Bathrooms, Full: 6
Lot Area: 3250.00
County: WORCESTER
Year Built: 1930
Sub-Division: NONE AVAILABLE
Area: 4209
Financing: Conventional,Cash
Sewer: Public Sewer
Acres: 0.07
Community Information
Zoning: R-3 Exterior Features
Foundation: Slab Garage(s): N
Pool: No Pool
Roof: Architectural Shingle
Style: Coastal
Waterfront: N
Waterview: Y
Interior Features
Appliances: Built-In Microwave Basement: N
Flooring: Laminated
Heating: Central
Cooling: Y
Fireplace: Y
Water: Public
Lot Information
SqFt: 3250.00 School Information
School District: WORCESTER COUNTY PUBLIC SCHOOLS High School: STEPHEN DECATUR
Fees & Taxes
City Taxes: 2808 County Taxes: 5203
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