For more information on this property, contact Joanna Laslo at 4106290224 or joanna@oceancitybeachproperties.com

12304 Coastal Highway
Ocean City, Maryland MD 21842-4780
Price: $1,550,000
Listing ID MDWO2011202
Status ACTIVE
Bedrooms 8
Full Baths 4
Total Baths 4
Price/SqFt $532.28
SqFt 2,912
Acres 0.230
Subdivision NONE AVAILABLE
Year Built 1960

Property Description:

This 4 unit building and additional lot are ready to go with everything being completely remodeled down to the studs and the electric all the way from the pole. New roof, siding, windows and doors were placed on the outside and the stairs were rebuilt to accommodate additional storage for each unit. Three head split units keep the temperature at your demand and a surrounding fence and storage unit makes the property very easy to manage. Continue to rent out this income producing property through 2023 as per the contract, but then use the unit at your leisure. Better yet, purchase the property as a primary residence, and let three additional units pay your mortgage. One day in the future, you can build an additional two units even with a garage underneath on the addition lot that is part of the sale. Possibilities are endless. Professional Photos to come

Primary Features

County: Worcester
Price/SqFt: 532.28
Property Sub Type: Unit/Flat/Apartment
Property Type: Residential
Subdivision: NONE AVAILABLE
Year Built: 1960
Zoning: R-3A

Interior

Above Grade Finished Area Units: Square Feet
Above Grade Finished SqFt Source: Assessor
Basement: no
Bathrooms Count Main Level: 2
Bathrooms Count Upper Level 1: 2
Bathrooms Full Main Level: 2
Bathrooms Full Upper Level 1: 2
Bedrooms Count Main Level: 4
Bedrooms Count Upper Level 1: 4
Below Grade Finished Area Units: Square Feet
Below Grade Finished SqFt Source: Assessor
Below Grade Unfinished Area Units: Square Feet
Below Grade Unfinished SqFt Source: Assessor
Central Air: no
Cooling Type: None
Fireplace: no
Heating Type: None
Laundry Type: None
Levels Count: 2
Living Area SqFt Source: Assessor
Spa: no
Total Below Grade SqFt Source: Assessor
Total SqFt: 2912
Total SqFt Source: Assessor
Unit Building Type: Garden 1 - 4 Floors

External

Architectural Style: Coastal
Construction Materials: Stick Built
Cooling Fuel: None
Electric Service: Other
Garage: no
Heating Fuel: Electric
Hot Water: Electric
Lot Dimensions Source: Assessor
Lot Size Dimensions: 0.00 x 0.00
Lot Size Source: Assessor
Lot Size Units: Square Feet
Lot SqFt: 10000
Navigable Water: no
New Construction: no
Other Structures: Above Grade, Below Grade
Pool: No Pool
Sewer Septic: Public Sewer
Tidal Water: no
Type of Parking: Parking Lot
Water Access: no
Water Oriented: no
Water Source: Public
Water View: yes

Location

Building Name: NONE AVAILABLE
Condo/Co-op Association: no
Country: US
High School: STEPHEN DECATUR
HOA: no
In City Limits: yes
Location Type: Middle Of Block
MLS Area: Ocean Block (82)
Municipality: Ocean City
School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Senior Community: no
View Type: City, Ocean
Waterfront: no

Additional

Accessibility Features: 2+ Access Exits
Days on Market: 86
Historic: no
Property Manager: N
Story List: Main, Upper 1
Year Assessed: 2022
Year Built Source: Assessor

Financial

Acceptable Financing: Conventional, Cash
Association Recreation Fee: N
Automatically Update Tax Values: yes
Ownership Interest: Fee Simple
Possession: Settlement
Riparian Rights: no
Sale Type: Standard
Tax Annual Amount: 10529
Tax Assessed Value: 746933
Tax Data Updated: no
Tax Total Finished SqFt: 2912
Tax Year: 2022
Vacation Rental: no

Zoning Info


Area Info


Listing courtesy of Coldwell Banker Realty (410) 524-1203

© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Coldwell Banker Realty. Data last updated on Tuesday, February 7th, 2023 10:51:07 PM.

Contact - Listing ID MDWO2011202

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Joanna Laslo

306 N Main St
Berlin, MD 21811
Phone: 4106290224
Phone Alt: 443-497-3749
Fax: 410-629-0228

Data services provided by IDX Broker
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