Coastal

712 N BALTIMORE AVENUE

OCEAN CITY , MD 21842

MLS#: MDWO2021360

$2,799,999

Status: Closed
Listing number: MDWO2021360
Listing provided by: Taylor Properties
Listing agent phone: None
Last update: 10 months ago
On site: 1 year, 5 months ago
Browse Properties
NONE AVAILABLE - Residential

Property

Beds

12

Full Baths

6

1/2 Baths

None

Year Built

1930

Sq.Footage

4,209

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.

Features & Amenities

Interior

  • Total Bedrooms

    12

  • Bathrooms

    6

  • Above Grade Finished Area

    4209.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Ductless, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Shingle Siding

  • Parking

    Off Street, On Street, Driveway

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

  • View

    Water, Ocean

Area & Lot

  • Lot Size(acres)

    0.07

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Coastal

Price

  • Sales Price

    $2,799,999

  • Tax Amount

    8700.0

  • Sq. Footage

    4, 209

  • Price/SqFt

    $665

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    STEPHEN DECATUR

Property Features

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

WORCESTER

Elementary School

Middle School

High School

STEPHEN DECATUR

Listing Courtesy of JOHN R. CLARK , Taylor Properties

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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.

712 N BALTIMORE AVENUE

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