4000 Coastal Hwy Unit #114, Ocean City, MD 21842

$260,000
1
BD
1
BA
616
SqFt

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List Price
$260,000
Days on Market
0
Status
COMING SOON
MLS#
MDWO2040592
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
616
Year Built
1983
County
Worcester
Subdivision
Ocean's Point
Building Name
Ocean Point Ii

Property Description

This beautiful 1 bed 1 bath condo on 40th street is centrally located to almost everything; Seacrets, Macky's, Fager's Island and other local amenities. Less than one block to the sand, unit 114 is on the first floor of Coastal Point II and is awaiting your arrival. With an amazing rental history, updated cabinetry, updated spa like bathroom shower, stylish decor, updated LVP flooring, this home is move in ready. Relax on hot beach days or watch bayside sunsets from the front balcony. Perfect location for car shows, directly across the street from the convention center, and an abundance of free parking. Condo is being sold fully furnished and will transfer all bath towels and bed linens to the next owner. Generating approximately $21,000 gross yearly rental income (rented May-October) over the last 5 years, this is a great opportunity to make passive income or the perfect second home.

Additional Information

Area
Ocean Block (82)
Annual Tax Amount
$2,426
Ownership Interest
Condominium
Condo/Coop Fee
$800
Condo/Coop Fee Frequency
Quarterly
Amenities
None
Community Amenities
None
Heating
Heat Pump(s)
Cooling
Other
Water
Public
Sewer
Public Sewer

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Amount of Loan
Annual Interest Rate
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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