$2,799,999
Beds: 12
Baths: 6
Sqft: 4,209
Sqft lot: 3,049
Acre lot: 0.07
171 Days On Market -

Courtesy of JOHN CLARK, Taylor Properties buyandsellsomd@gmail.com

Info
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Status: Active Under Contract
Property Type: Townhouse
Year Built: 1930
Neighborhood: None Available
Days On Website: 171
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

Heating

  • Central
  • Electric

Appliances & Equipment

  • Built-In Microwave

Bathrooms

  • 6 total bathrooms
  • 2 bathrooms on all lower levels
  • 2 bathrooms on all upper levels
  • 2 bathrooms on main level
  • 6 full bathrooms
  • 2 full bathrooms on main level

Bedrooms

  • 4 bedrooms on lower levels
  • 8 bedrooms on upper levels
  • 12 bedrooms

Building

  • 4,209 sqft living area
  • 4,209 sqft above grade (finished)
  • Built in 1930
  • Major renovation in 2016
  • Structure Type: End of Row/Townhouse
  • Wall & Ceiling Types: Dry Wall
  • 3 levels
  • Coastal
  • Shingle Siding

Cooling

  • Central Air
  • Electric
  • Ductless/Mini-Split
  • Central A/C

Fireplaces

  • 2 fireplaces

Floors

  • Laminated

Foundation

  • Slab

Listing

  • 130 days on market
  • $665 per sqft
  • Property SubType: Townhouse

Location

  • Municipality: Ocean City
  • County: Worcester
  • Location Type: Oceanblock
  • MLS Area: Ocean Block (82)
  • Subdivision: None Available

Lot

  • 3,250 sqft
  • 0.07 acres

Property

  • Other Structures: Above Grade,Below Grade
  • View: Ocean

Roof

  • Architectural Shingle

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • High School: STEPHEN DECATUR

Sewer

  • Public Sewer

Taxes

  • City/Town Tax: $2,808
  • City/Town Tax Pymnt Freq: Annually
  • County Tax: $5,203
  • County Tax Pymnt Freq: Annually
  • Tax Annual Amount: $8,700
  • Tax Year: 2022

Utilities

  • Hot Water: Electric
  • Cable TV

Property Map

Map View

$2,799,999 - 712 N Baltimore Avenue, Ocean City, MD 21842

Street View

Directions

712 N Baltimore Avenue
Ocean City, MD 21842
Municipality: Ocean City

Nearby Schools

Local Sales

Photo of Matt Boyle

Matt Boyle

Broker/Owner

484-999-4994

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This content last updated on November 24, 2024 1:02PM.