204 12th St Ocean City, Md 21842

$786,000


Listing ID: 512837
Subdivision: N/a
City: Ocean City

2 Buildings, A 4-plex & Duplex Located On The Alley, 4-plex Has 4 Two Bedroom One Bath Units, Of Which 4 Have Central Hvac, And Can Be Rented Year Round, Duplex Has Base Board Heat And Could Be Rented Year Round Also. Each Unit In 2017 Was Rented For $11,000, For 121 Days And In 2018 The Rent Will Increase To $12,000 Per Unit. Buildings Have Been Well Maintained And Have Been Owned By The Same Family For 57 Years. Units Are Being Sold Furnished As Shown, And 'in As Is' Condition With No Exceptions.

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Interior Features

Furnished: Mortgage Manor

Additional Details

List Date: 2017-10-02
Orig. List Price: $786,000
Lot SqFt: 4600.00
Lot Acres: 0.11
Fed Flood Ins Avail.: Yes
MLS Area: Worcester East Of 113
Building Name: N/a
Annual City Tax: $1,572
Annual St/Cnty Tax: $3,615
Annual Sewer Fee: $431
Cumulative DOM: 11
Agent Days On Market: 11

Exterior Features

Deeded Dock: No
Waterfront: No
Waterview: No
Garage (# of Spaces): 46.00