6, 8 &12 43rd St, Ocean City, MD 21842
$4,900,000

MLS#
Mdwo2004328
Price
$4,900,000
Standard Status
Active
Waterfront
N

Unbelievably unique opportunity to own multiple properties on the Ocean Block of 43rd Street. Already a great investment property for both year round tenants and summer rentals, these properties have been updated and very well maintained. Included in this sale is 6 & 8 & 12 43rd Street - 6 43rd is a 4 unit building, all 2 bedroom/1 full bathroom, that sits on a double lot that has the potential to have another 4 unit structure built (please confirm with the zoning department). This building has amazing ocean views from the top two units (2E, 2W). New roof in 2019. Each unit has a full kitchen, dining area for each unit, an outdoor shower. Top two units have washers and dryers. First floor units were updated in 2020 with new kitchens, tankless hot water heaters, new hvac in 2018 and 2019 etc. Access to the laundry room under the cottage availabe to these units as well. 2E was recently updated with flooring, appliances, and over sized windows to enjoy the views! This building has been condominiumized. 8 43rd street, consisting of a large coastal 2 bedroom 2 bath home w/ attached garage, 2 bedroom 1 bath apartment, two 2 bedroom/1 bath cottages WITH parking . The beach is just steps away and the upper levels have peeks of the ocean! Attached garage and work shop. Check out the views from the large second floor wrap deck. Two large bedrooms, with an updated master bath and hall bath with tub/shower. Unique utility/laundry room just adds to the appeal. New roof in 2020 and new hvac in 2019. Under the main home, is the two bedroom apartment, one bath, washer and dryer, and full kitchen. Two lovely seasonal cottages are situated behind the main house, each having two bedrooms, 1 bathroom, full kitchen, dining area, large deck and outdoor shower. Updates here include flooring, kitchen, appliances, hvac, and roof. There is a Laundry located under the cottages for guests. 12 43rd Street - Rounding out this listing, this building has four - 2 bed/1 bath units, two 1 bed/1 bath units and one efficiency - Large lot around the back of the building for off street parking and paid laundry facilities on site. Units have been updated and well maintained. Included in this sale are properties with Worcester County Tax IDs (10-361222, 10-361230, 10-361249, 10-361257, 10-067170, 10-066395)

Exterior Features


Construction Materials
Brick, aluminum Siding, frame, stick Built

Interior Features


Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/c
Hot Water
Electric

Additional Details


Year Built
1960
New Construction
N
Property Type
Commercial Sale
County
Worcester