206 Somerset St #4, Ocean City, MD 21842
$949,000

MLS#
Mdwo115388
Price
$949,000
Bedrooms
12
Full Baths
6
Half Baths
0
Standard Status
Active
Waterfront
N
Unit Number:4

Welcome to your next opportunity in the Ocean City, MD opportunity zone at the Somerset Harbor property boosting 56 land use options with this DMX zoned land and units. The existing 3 buildings features 2x two bedroom, 1 bathroom units making up 6 units, and confirms with 6-12 possible units w/ redevelopment options set to improve the area. Currently, 4 units are rented as a AirBnb vacation rental and 2 as employee/student summer housing. Each unit has been moderately updated, and is already income producing. DMX zoning allows for 56 land use redevelopment options such as a new condo building, single family home(s), hotel/motel, commercial, mixed-use, retail stores, the list goes on.... Inquire for Land-Use Resources.

Exterior Features


View
Bay, city, harbor, marina, scenic Vista, street, water
Architectural Style
Coastal
Construction Materials
Stick Built
Exterior Features
Street Lights, other
Foundation Details
Block
Parking Features
Dirt Driveway, gravel Driveway
Roof
Architectural Shingle

Interior Features


Heating
None
Heating Fuel
None
Cooling
Window Unit(s)
Hot Water
Other, electric
Fireplace
N

Additional Details


Elementary School
Ocean City
High School
Stephen Decatur
Middle School
Stephen Decatur
Square Footage
5840
Acres
0.11
Year Built
1930
New Construction
N
Property Type
Residential
County
Worcester
Lot Size Dimensions
100.00 X 50.00
SchoolDistrictName
Worcester County Public Schools