712 N Baltimore Ave, Ocean City, MD 21842
- $2,999,990
- 4,209
- SqFt
- List Price
- $2,999,990
- Days on Market
- 14
- Status
- ACTIVE
- MLS#
- MDWO2017630
- Living Area
- 4,209
- Lot Size (Acres)
- 0.07
- Year Built
- 1930
- County
- Worcester
Property Description
Here is your opportunity to own one of only a few properties in Ocean City that can accommodate 20 guests in each side, 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 in 2022. This property consistently brings in > $300,000 in rental income each year! 2024 rentals have just begun - we have one full week booked for the entire house in June for $28,500. 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.
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Additional Information
- Area
- Ocean Block (82)
- Annual Tax Amount
- $8,700
- Ownership Interest
- Fee Simple
- Fireplaces
- 2
- Flooring
- Laminated
- View
- Ocean
- Heating
- Central
- Cooling
- Ductless/Mini-Split, Central A/C
- Roof
- Architectural Shingle
- Utilities
- Cable TV
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Taylor Properties. Contact: