8 84th St, Ocean City, MD 21842
$1,450,000

MLS#
Mdwo2002958
Price
$1,450,000
Standard Status
Active
Waterfront
N

RARE FIND! Ocean block multi-family income producing property consisting of two 3 bedroom fully renovated apartments (918 sq. ft) and a 4 bedroom single family home (1740 sq. ft) built in 2004. Great midtown location close to all the attractions. All are fully furnished and just steps to the beach. Property is in the process of being converted to condominium ownership under the name Pelican Watch. The 2 story apartment building will be Unit A & B, and the house Unit C. Owner uses Unit B and does not rent it. In 2021 Unit A and Unit C produced $81k in Gross Rental Income. In addition, parcel is 6000 sq. ft and zoned R-3 with the potential to add one additional unit to the property. What are you waiting for?! An opportunity like this doesn't come up very often...or ever! Local financing options are available. Tax record reflects information for entire property.

Exterior Features


View
City, ocean
Architectural Style
Coastal
Construction Materials
Block, frame, stick Built, vinyl Siding
Exterior Features
Exterior Lighting, outside Shower, street Lights, secure Storage
Foundation Details
Pillar/post/pier
Parking Features
Gravel Driveway, lighted Parking, private, shared Driveway, under Home Parking
Outdoor Living Structures
Balconies- Multiple, deck(s)
Roof
Asbestos Shingle
Water Body Type
Ocean

Interior Features


Heating
Heat Pump(s)
Heating Fuel
Electric, natural Gas
Cooling
Central A/c, ceiling Fan(s)
Hot Water
Electric
Fireplace
N
Flooring
Carpet, ceramic Tile
Appliances
Built-in Microwave, dishwasher, dryer, washer, exhaust Fan, refrigerator, icemaker, stove, water Heater
Interior Features
Carpet, ceiling Fan(s), breakfast Area, dining Area, floor Plan - Open, primary Bath(s), recessed Lighting, sprinkler System, tub Shower, upgraded Countertops, window Treatments
Units Furnished
All

Additional Details


Elementary School
Ocean City
High School
Stephen Decatur
Middle School
Stephen Decatur
Square Footage
3576
Acres
0.14
Year Built
2004
New Construction
N
Property Type
Multi-family
County
Worcester
Lot Size Dimensions
50.00 X 120.00
SchoolDistrictName
Worcester County Public Schools