2 Dorchester St Unit #702, Ocean City, MD 21842

$1,095,000
3
BD
3
BA
1,693
SqFt
List Price
$1,095,000
Price Change
▼ $100,000 1661354532
Days on Market
91
Status
ACTIVE
MLS#
MDWO2008758
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
1,693
Style
Coastal
Year Built
2007
County
Worcester
School District
Worcester County Public Schools

Property Description

RARE FIND!! PREMIUM 3 BEDROOM, 3 BATHROOM DIRECT OCEAN FRONT UNIT - PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY ! ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! $80,000 in rental income booked so far for 2022, and just over $22,000 booked to date for the 2023 season. Absolutely pristine, 7th floor furnished unit with views of the ocean, Ocean City Inlet, OC ferris wheel, open bay, and Assateague Island. Gourmet kitchen, granite counter tops, stainless steel appliances, wet bar, gas fire place (gas paid for by the condo association). His and hers closets in primary bedroom, spa like primary bathroom, ocean front balcony accessible from main living area. Secure building, 2 elevators, gated parking garage, two assigned parking spaces located the east side of the gated parking garage, secure owners storage area, very large southern exposed outdoor community pool, sun deck, community picnic area, putting green with absolutely breath taking water views. Sauna, exercise room, owners meeting room and outdoor shower. Very well managed condo association. Buyers must honor existing rentals. Don't wait! This GEM won't last long. See floor plan in photos.

Additional Information

Area
Direct Oceanfront (80)
Subdivision
Non Development
Building Name
Belmont Towers
Taxes
$10214
Condo Fee
$2400
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
Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Picnic Area, Pool - Outdoor, Putting Green, Sauna
School District
Worcester County Public Schools
Fireplace Description
Fireplace - Glass Doors
Flooring
Carpet, Ceramic Tile
Garage
Yes
Garage Spaces
150
Community Amenities
Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Picnic Area, Pool - Outdoor, Putting Green, Sauna
View
Bay, Ocean, Panoramic, Water
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

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty-WOC.