509 Philadelphia Ave, Ocean City, MD 21842
$889,900

MLS#
Mdwo2009036
Price
$889,900
Bedrooms
6
Full Baths
2
Standard Status
Active
Waterfront
N

Built in 1920, this piece of Ocean City, MD history is now available for sale! With 6 bedrooms, 2 living rooms, and 2 bathrooms this home has plenty of space for entertaining family and friends at the beach. Located in close proximity to the famous Ocean City Boardwalk on the ocean side with easy access to a fishing pier on the bayside. Recent upgrades to the home include complete roof replacement and an HVAC conversion to dual zone high quality heat pumps in April of 2019. Additionally a second hot water heater was installed in April of 2019 and a new electric panel was installed in May of 2019. The upstairs bathroom went through a complete renovation in June of 2020. Currently a rental, this property did $62,256 in gross rental income in 2020 (Partially booked May-Oct) and $87,525 in gross rental income 2021 (May-Oct). Booked rentals must be honored for 2022. 2021 and YTD 2022 rental histories are available to download in Documents.

Exterior Features


View
Ocean
Architectural Style
Colonial
Construction Materials
Asbestos
Exterior Features
Outside Shower, secure Storage, sidewalks, play Area, street Lights
Foundation Details
Block
Parking Features
Concrete Driveway
Outdoor Living Structures
Porch(es)
Roof
Asphalt

Interior Features


Heating
Hot Water
Heating Fuel
Electric
Cooling
Central A/c
Hot Water
Electric, multi-tank
Fireplace
Y
Flooring
Hardwood, ceramic Tile
Appliances
Dishwasher, disposal, dryer, stove, water Heater, washer
Basement Type
Other
Interior Features
Floor Plan - Traditional, formal/separate Dining Room, wood Floors

Additional Details


Square Footage
2336
Acres
0.15
Year Built
1920
New Construction
N
Property Type
Residential
County
Worcester
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools