13420 Madison Ave, Ocean City, MD 21842
$355,000

MLS#
Mdwo115628
Price
$355,000
Bedrooms
4
Full Baths
1
Half Baths
1
Standard Status
Active
Waterfront
N

Investor or Savvy buyer!! Charming 3 bedroom cottage/duplex Lightly remodeled, with some water views. Could be a weekend cottage, or rental property, also with attached 2 car garage/storage that has a studio apartment on top. New floors, bathrooms, and, brick fireplace. Located near restaurants, marina, and short walk to the beaches in Ocean City. Investor alert: this house sits on two 5000 square feet lots, that can be subdivided. Build new on both, or this house can offer rental income while you build your dream home on lot 142. Build 2 houses sell one to pay off the loan, and keep the other, or sell both houses, and make a nice profit. So many possibilities for this house, with the adjoining Lot that exist. This area is friendly for building with no HOA. The attached house of this duplex will soon be torn down, changing your status to a single family home. $750,000 to 1.2 million dollar houses, are being built all around this property. Great opportunity, and great interest rates. Move fast or miss out. Sellers are offering 10,000 in closing help !!!!

Exterior Features


Architectural Style
Cottage
Construction Materials
Asbestos
Garage Features
Garage - Side Entry

Interior Features


Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Window Unit(s)
Hot Water
Electric
Fireplace
Y
Appliances
Stove, refrigerator

Additional Details


Square Footage
1716
Acres
0.23
Year Built
1957
New Construction
N
Property Type
Residential
County
Worcester
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools