712 N Baltimore Ave

Ocean City, MD 21842

12
Bed
6
Bath
4,209
SqFt

^$ 2,467,500

Days on Site 727
Status Sold

$2,467,500
Price
12
Bed
6
Bath
4,209
SqFt

Listing Provided Courtesy of JOHN R. CLARK 3015492208 - Taylor Properties 3019702447

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About the Listing TAYL1 - 3295759,3099581

Here is your opportunity to own one of only a few properties in Ocean City that can accommodate 40 guests under one roof!! This property is a multi-family building that has been completed renovated in downtown Ocean City. Set up as a duplex with 6 bedrooms, 3 bathrooms, 2 kitchens, and 2 laundry rooms on each side! Each side comfortably sleeps 20 guests. Combined, this property has 12 bedrooms, 6 bathrooms, 4 kitchens and 4 baths; sleeping 40 total! Maintenance free exterior with cedar siding and composite decking/vinyl rails. Currently the property is used as a duplex, but has the option for a lockout basement, making 4 total units if desired. Brand new HVAC throughout in 2022. This property consistently brings in > $300,000 in rental income each year! There are still a lot of holes to fill in the calendar and we are currently at $318,226 on the books for this season. This house prints money!! If interested in using this property as a rental, the current property management company charges 12% of the nightly rate if the new owner has interest in continued rental success and a seamless transition. 2024 Rentals must be honored.

Listing Highlights

                            Status
                            Sold
                        
                            Days on Site
                            727
                        
                            Property Type
                            Townhome                            
                        
                            MLS ®
                            MDWO2021360
                        
                            Year Built
                            1930
                        
                            Total Square Footage
                            4,209
                        
                            Lot/Acreage
                            0.07

Worcester

                            Building Name
                            NONE AVAILABLE
                        

None Available

Ocean Block (82)

Worcester County Public Schools

Stephen Decatur

Interior Details

Bedrooms: 12
Bathrooms: 6 Full
Appliances: Built-In Microwave
Air Cond: Ductless/Mini-Split,Central A/C
Heating: Central
Fireplaces: 2, 2 Fireplaces
Floor: Laminated
Above Ground Sq Ft: 4209
Below Ground Sq Ft: 0
Basement:
Other:
Water: Public

Exterior Details

Lot Description: Not New Construction,Horse Property: No,In City Limits
Garage Capacity: N/A
Zoning: R-3
Roof: Architectural Shingle
Others:
Sewer: Public Sewer
Parking Features: Off Street,On Street,Driveway

Financial Details

Tax Amount: $8,700
Taxes w/Assessments: N/A
Tax/Property ID: N/A
Tax Year: 2022

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712 N Baltimore Ave Ocean City, MD 21842

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Listing Courtesy of JOHN R. CLARK 3015492208 - Taylor Properties 3019702447

Originating MLS: BRIGHT_MAIN

712 N Baltimore Ave

12

6

4,209