8 N Baltimore Ave Ocean City, Md 21842

$1,940,000


 
Listing ID: 490833
Bedrooms: 16
Full Baths: 16
Half Baths: 4
Subdivision: N/a
City: Ocean City

(4)2009 Built Ocean Side Townhomes Just Steps From The Beach And Boardwalk. Each Decorator Furnished Unit Has Its Own Elevator And Is 4 Bedrooms/4.5 Baths At 2112 Sq.ft. 2013 Rental Income Was In Excess Of $120,000 In A Shortened Season After The Property Renovations An No Off Season Rentals. Rental Income Potential Is In Excess Of $180,000 Not Including Off-season Rentals. All Of The Units Are In Turn Key Conditions And The Project Offers A Variety Of Options.. Rent All Of Them For A Cash Cow, Use One And Rent The Others, Set Up A Condo Association And Sell Them Individually Or A Combination Of These Factors. The Ocean Side Locations Just Steps From The Beach And Boards Guarantees Success In The Aforementioned Scenarios And The Timing Is Perfect.

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Interior Features

Furnished: Full
Air Conditioning: Central Air
Appliances: Dishwasher, disposal, dryer, microwave, range - Electric, refrig. Ice Maker, refrigerator/freezer, washer
Inclusions: Shades/blinds
Interior Feature: Ceiling Fan(s), elevator In Unit, sprinkler System
Primary Heat Type: Heat Pump

Additional Details

List Date: 2014-05-27
Orig. List Price: $1,940,000
Dwelling Sq. Footage: 8448.00
Lot SqFt: 4750.00
Year Built: 2009
Lot Acres: 0.11
Fed Flood Ins Avail.: Yes
MLS Area: Worcester East Of 113
Building Name: N/a
Annual City Tax: $6,587
Annual St/Cnty Tax: $12,309
Cumulative DOM: 526
Agent Days On Market: 526
Porch/Deck Type: Deck(s), front, rear, side
Water/Sewer: Public Central Sewer, public Central Water

Exterior Features

Deeded Dock: No
Pool: No
Garage Type: Attached
Waterfront: No
Waterview: Yes
Garage (# of Spaces): 12.00
Exterior Features: Balcony(s), catv, handicap Access, off Street Parking, screens, under Home Parking
Exterior Type: Vinyl Siding
Pool Type: None