410-524-6400

Properties

Ocean City, MD 21842

MLS Number: 512837


$786,000
 
Request Information
Description
2 buildings, a 4-plex & duplex located on the alley, 4-plex has 4 two bedroom one bath units, of which 4 have central HVAC, and can be rented year round, duplex has base board heat and could be rented year round also. Each unit in 2017 was rented for $11,000, for 121 days and in 2018 the rent will increase to $12,000 per unit. Buildings have been well maintained and have been owned by the same family for 57 years. Units are being sold furnished as shown, and 'in as is' condition with no exceptions.
 
General Details
Lot Area: 0.11
County: Worcester
Sub-Division: N/A
Historical District: No
Public Maintained Road: Yes
Area: Worcester East of 113
Stories: 2.0
Acres: 0.11
 
Community Information
Zoning: R-2
 
Exterior Features
Block to Ocean: 3.00
Foundation: Concrete Block
Garage(s): 46.00 spaces
Roof: Asphalt Shingle,Wood Joists
Exterior Type: Asbestos Shingle
Waterview: No
 
Interior Features
Attic: None
Basement: Crawl Space
Flooring: Hardwood,Vinyl
Heating: Baseboard - Electric,Heat Pump
Furnished: Mortgage Manor
 
Lot Information
SqFt: 0.11
Dimensions: 46 X 100
Description: Cleared,Corner
 
Fees & Taxes
City Taxes: $1,572
Condo Fee: $53,217
County Taxes: $3,615
Sewer Fee: $431
Water Fee: $710