503 N Baltimore Ave, Ocean City, MD 21842
$1,199,000

MLS#
Mdwo121656
Price
$1,199,000
Standard Status
Active
Waterfront
N

Beautiful grand beach home located just across the street from Ocean City’s beach and boardwalk. Location!! Home and duplex have been completely updated in 2015 (including HVAC and all furnishings and appliances) and can either be used as a second home with guest accommodations or partially or fully rented. Accommodations!! Immaculately kept, property is move in ready and sold fully furnished! Parking will never be an issue with 6 -12 parking spaces available. Property has two homes, the main home has 8 bedrooms and 5 baths and the west home is a duplex with two 2/1 apartments. Should you choose rentals, the main home is divided into 5 units/villas. Villa One: 3 bedrooms 2 bath , Villa Two: 2 bedroom 1 bath, Villa Three :Eff Unit with 1 bath, Villa Four:1 Bedroom 1 Bath, Villa Five:2 bedroom 1 bath. Duplex has Villa Six and Seven are 2 bedroom /1 Bath units. All Villas have fully equipped kitchens and efficiency unit has a kitchenette. Historical gross income for May-September approx.130K (Rented solely by owner )exclusively families. Easily extend season and add groups/seniors.

Exterior Features


Architectural Style
Coastal
Construction Materials
Block, frame

Interior Features


Heating
Other
Heating Fuel
Electric
Cooling
Central A/c, wall Unit
Hot Water
Electric
Fireplace
N
Basement Type
Other

Additional Details


Square Footage
4728
Acres
0.16
Year Built
1935
New Construction
N
Property Type
Multi-family
County
Worcester
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools