5908 Coastal Hwy, Ocean City, MD 21842
$3,800,000

MLS#
Mdwo2017716
Price
$3,800,000
Standard Status
Active
Waterfront
N

An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.

Exterior Features


View
Ocean
Architectural Style
Colonial
Construction Materials
Vinyl Siding
Foundation Details
Other
Garage Features
Other
Outdoor Living Structures
Deck(s)
Water Body Type
Ocean

Interior Features


Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/c
Hot Water
Natural Gas
Fireplace
N
Appliances
Dishwasher, stove, microwave, dryer, washer
Interior Features
Combination Dining/living, combination Kitchen/dining, combination Kitchen/living, dining Area, kitchen - Eat-in, kitchen - Island

Additional Details


Square Footage
2022
Acres
0.00
Year Built
2007
New Construction
N
Property Type
Multi-family
County
Worcester
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools