Sold

712 N Baltimore Avenue, Ocean City, MD 21842

Beds
12
Baths
6
Sqft
4,209

View property features, location on map, relevant school information and overview from seller's agent.

Listed byTaylor Properties
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Overview

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.

Location

Full feature list

Basic info

Property type
Townhouse
Number of bedrooms
12
Number of bathrooms
6
Square feet
4,209
Lot size (acres)
0.07
Year built
1930

Interior features

Fireplaces
2

Exterior features

Water view
Yes

Utilities

Heating
Electric, Central
Cooling
Central air, Ductless, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2022)
$8,700

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: MDWO2021360 Last checked:

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