2 Dorchester St Unit #508, Ocean City, MD 21842

$774,900
2
BD
2
BA
1,294
SqFt
List Price
$774,900
Days on Market
157
Status
ACTIVE
MLS#
MDWO2005182
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,294
Style
Coastal
Year Built
2007
County
Worcester
School District
Worcester County Public Schools

Property Description

RARE FIND! PREMIUM 2 BEDROOM 2 BATHROOM SOUTH FACING UNIT WITH INCREDIBLE WATER VIEWS!!! PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY! ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! Unit grossed $54,00 in rental income in 2021, $31,000 booked as of April 2022 and still booking. Incredible views of the ocean, Ocean City Inlet, ferris wheel, open bay, and Assateague Island. Gourmet kitchen, wet bar, stainless steel appliances, gas fire place (gas paid for by the condo association), decorator furnished throughout, his and hers closet in primary bedroom, luxurious primary bathroom, very nice size south facing balcony accessible from main living and each bedroom. Secure building, 2 elevators, gated parking garage, two assigned parking spaces located on the east side of level 2 of the parking garage, secure owners storage area. Southern exposed outdoor community pool, community picnic area, putting green, owners meeting room, all with with absolutely incredible water views, sauna, exercise room, and owners meeting room. Very well managed condo association. Buyers must honor existing rentals. Don't wait to book your showing! Unit can only be shown on rental turn over days that are listed in the agent comments.

Additional Information

Area
Direct Oceanfront (80)
Subdivision
None Available
Building Name
Belmont Towers
Taxes
$6894
Condo Fee
$1748
Interior Features
Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Flat, Floor Plan - Open, Kitchen - Gourmet, Sprinkler System, Wainscotting, Upgraded Countertops, Wet/Dry Bar, WhirlPool/HotTub, Window Treatments
Amenities
Exercise Room, Extra Storage, Fitness Center, Meeting Room, Pool - Outdoor, Putting Green, Reserved/Assigned Parking, Sauna
School District
Worcester County Public Schools
Fireplace Description
Fireplace - Glass Doors
Garage
Yes
Garage Spaces
150
Exterior Features
Outside Shower
Community Amenities
Exercise Room, Extra Storage, Fitness Center, Meeting Room, Pool - Outdoor, Putting Green, Reserved/Assigned Parking, Sauna
View
Bay, Ocean, Panoramic, Water, Other
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Roof
Metal
Utilities
Cable TV
Water
Public
Sewer
Public Sewer
Furnished
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty-WOC.