Bought with John S Allen • Douglas Realty, LLC
$900,000
$1,190,000
24.4%For more information regarding the value of a property, please contact us for a free consultation.
112-A 75TH ST Ocean City, MD 21842
4,500 SqFt
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $200
MLS Listing ID MDWO105116
Sold Date 07/31/19
Style Bungalow,Coastal
HOA Y/N N
Abv Grd Liv Area 4,500
Year Built 1985
Annual Tax Amount $6,497
Tax Year 2019
Lot Size 6,000 Sqft
Acres 0.14
Lot Dimensions 0.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
PRICE DROPPED 300 K In Last few weeks Attention Investors: Once in a lifetime opportunity!!! This gorgeous multi-unit complex contains 3 updated buildings overlooking Assawoman Bay...2 stand-alone units and 1 duplex. Stand alone unit 1: 3 bed, 2ba; Stand alone unit 2: 2 bed, 2 ba; Duplex: 1st floor: 4 beds 3 ba, 2nd floor 4 beds, 2 ba. All units come tastefully furnished with coastal style decor. Each unit features laminate flooring throughout, updated counter tops, large flat screen TVs, refrigerators, microwaves, central AC and window units. Bring your water toys...the units are steps away from access to the bay with your paddle board or canoe. Large decks offer plenty of space for outdoor living and amazing bay sunsets. These units are ready to rent. No need to worry about a budget to renovate the property. Everything has already been taken care of. Complex also includes coin operated laundry room and outdoor shower. This dream property is only 6 blocks to the beach and popular mid-town shops and restaurants. With 13 parking spots, guests can park their car and walk to everything they need. Excellent income producing investment or can also be used as a large family compound. Projected rental income for 2019 is $204,787! Virtual Tour: https://mls.TruPlace.com/property/2050/75233/
Location
State MD
County Worcester
Area Bayside Waterfront (84)
Zoning R-2
Interior
Interior Features 2nd Kitchen, Breakfast Area, Butlers Pantry, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Primary Bedroom - Bay Front, Recessed Lighting, Upgraded Countertops, Window Treatments
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C, Window Unit(s)
Flooring Laminated
Equipment Built-In Range, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Range Hood, Washer, Water Heater, Dishwasher
Fireplace N
Appliance Built-In Range, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Range Hood, Washer, Water Heater, Dishwasher
Heat Source Electric
Exterior
Exterior Feature Deck(s), Patio(s)
Garage Spaces 13.0
Utilities Available Cable TV Available
Water Access Y
View Bay, Pond, Water
Roof Type Shingle
Accessibility None
Porch Deck(s), Patio(s)
Total Parking Spaces 13
Garage N
Building
Lot Description Cleared, Corner, Level, Premium
Foundation Block, Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Coastal
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Tax ID 10-086868
Ownership Fee Simple
SqFt Source 4500
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
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