13444 Madison Ave, Ocean City, MD 21842
- $557,500
- 3
- BD
- 2
- BA
- 2,000
- SqFt
- List Price
- $557,500
- Price Change
- ▼ $2,400 1782258615
- Days on Market
- 1455
- Status
- ACTIVE
- MLS#
- MDWO2009464
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,000
- Lot Size (Acres)
- 0.11
- Year Built
- 1958
- County
- Worcester
- Subdivision
- Glenn Acres
Property Description
Opportunity knocks! The home is in need of some work as you will see upon entering, but it has potential for many things. Situated on an oversized corner lot with water views from three sides, this property offers room to add 2+ levels, as zoning laws allow building up to 45 feet. Zoned R-3 for multi-family and residential. Approved variances are in hand, including a variance for a second and third floor cantilever, making expansion plans even more attainable. Variance for an auxiliary dwelling unit (ADU) also in hand. If necessary, the current owner is open to a joint venture to see the project through to the finish line. Ideal for an investor looking to make a profit or someone looking to build a primary residence, a vacation getaway, an investment opportunity—or all of the above!
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Additional Information
- Area
- Bayside Interior (83)
- Annual Tax Amount
- $1,903
- Ownership Interest
- Fee Simple
- Fireplaces
- 1
- View
- Bay, Canal, Water
- Heating
- Baseboard - Electric
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of RE/MAX Realty Centre, Inc.. Contact: