205 5th St Unit #41, Ocean City, MD 21842

$205,000
1
BD
1
BA
304
SqFt

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List Price
$205,000
Days on Market
46
Status
ACTIVE
MLS#
MDWO2039074
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
304
Year Built
1940
County
Worcester
Subdivision
None Available
Building Name
Parrot Bay

Property Description

This is an amazing one-bedroom unit in the heart of downtown that won't disappoint. If you're looking for your next hideaway in ocean city to vacation or you're looking for a powerhouse income producing unit, you have arrived. Walking distance to the beach, boardwalk and all local attractions; this home is central to everything. Over the last two years this unit has grossed (on average) $22,000 each summer and can produce even more if operated during the winter as an off-season rental. Recently updated with new furniture, paint and staging, this gem can comfortably sleep 5 adults. The home has a full kitchen, a large shower and a recently updated exterior space. Stairs and deck have been rebuilt using Trex decking and provide a quiet private space to rest once you have walked off the beach. There is nothing on the market at this price that can compare.

Additional Information

Area
Ocean Block (82)
Annual Tax Amount
$1,621
Ownership Interest
Condominium
Condo/Coop Fee
$527
Condo/Coop Fee Frequency
Quarterly
Amenities
Swimming Pool, Pool - Outdoor
Community Amenities
Swimming Pool, Pool - Outdoor
Heating
Baseboard - Electric
Cooling
Window Unit(s)
Water
Public
Sewer
No Septic System, Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Corner House Realty. Contact: (443) 499-3839