12304 Coastal Hwy, Ocean City, MD 21842
$1,590,000

MLS#
Mdwo2011202
Price
$1,590,000
Bedrooms
8
Full Baths
4
Standard Status
Active
Waterfront
N

This 4 unit building and additional lot are ready to go with everything being completely remodeled down to the studs and the electric all the way from the pole. New roof, siding, windows and doors were placed on the outside and the stairs were rebuilt to accommodate additional storage for each unit. Three head split units keep the temperature at your demand and a surrounding fence and storage unit makes the property very easy to manage. Continue to rent out this income producing property through 2023 as per the contract, but then use the unit at your leisure. Better yet, purchase the property as a primary residence, and let three additional units pay your mortgage. One day in the future, you can build an additional two units even with a garage underneath on the addition lot that is part of the sale. Possibilities are endless. Professional Photos to come

Exterior Features


View
City, ocean
Architectural Style
Coastal
Construction Materials
Stick Built

Interior Features


Heating
None
Heating Fuel
Electric
Cooling
None
Hot Water
Electric
Fireplace
N

Additional Details


High School
Stephen Decatur
Square Footage
2912
Acres
0.23
Year Built
1960
New Construction
N
Property Type
Residential
County
Worcester
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools