112-a 75th St, Ocean City, MD 21842
$1,390,000

MLS#
Mdwo105116
Price
$1,390,000
Standard Status
Active
Waterfront
Y

PRICE DROP Attention Investors: Once in a lifetime opportunity!!! This gorgeous multi-unit complex contains 3 updated buildings overlooking Assawoman Bay...2 stand-alone units and 1 duplex. Stand alone unit 1: 3 bed, 2ba; Stand alone unit 2: 2 bed, 2 ba; Duplex: 1st floor: 4 beds 3 ba, 2nd floor 4 beds, 2 ba. All units come tastefully furnished with coastal style decor. Each unit features laminate flooring throughout, updated counter tops, large flat screen TVs, refrigerators, microwaves, central AC and window units. Bring your water toys...the units are steps away from access to the bay with your paddle board or canoe. Large decks offer plenty of space for outdoor living and amazing bay sunsets. These units are ready to rent. No need to worry about a budget to renovate the property. Everything has already been taken care of. Complex also includes coin operated laundry room and outdoor shower. This dream property is only 6 blocks to the beach and popular mid-town shops and restaurants. With 13 parking spots, guests can park their car and walk to everything they need. Excellent income producing investment or can also be used as a large family compound. Projected rental income for 2019 is $204,787! Virtual Tour: https://mls.TruPlace.com/property/2050/75233/

Exterior Features


View
Bay, pond, water
Architectural Style
Bungalow, coastal
Construction Materials
Other, asphalt, block, stick Built
Exterior Features
Bbq Grill, exterior Lighting, outside Shower, play Area, play Equipment
Foundation Details
Block, crawl Space
Parking Features
Gravel Driveway, private
Outdoor Living Structures
Deck(s), patio(s)
Roof
Shingle
Water Body Type
Bay

Interior Features


Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/c, window Unit(s)
Hot Water
Electric
Fireplace
N
Flooring
Laminated
Appliances
Built-in Range, dryer, microwave, oven/range - Electric, refrigerator, range Hood, washer, water Heater, dishwasher
Interior Features
2nd Kitchen, breakfast Area, butlers Pantry, combination Dining/living, combination Kitchen/dining, crown Moldings, dining Area, entry Level Bedroom, family Room Off Kitchen, floor Plan - Open, kitchen - Eat-in, master Bedroom - Bay Front, recessed Lighting, upgraded Countertops, window Treatments
Units Furnished
All

Additional Details


Elementary School
Ocean City
High School
Stephen Decatur
Middle School
Stephen Decatur
Square Footage
4500
Acres
0.14
Year Built
1985
New Construction
N
Property Type
Multi-family
County
Worcester
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools