712 N Baltimore Avenue, Ocean City, MD 21842
- $2,467,500
- 12
- BD
- 6
- BA
- 4,209
- SqFt
- Sold Price
- $2,467,500
- List Price
- $2,799,999
- Closing Date
- Jan 02, 2025
- Days on Market
- 130
- Status
- CLOSED
- MLS#
- MDWO2021360
- Bedrooms
- 12
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 4,209
- Lot Size (Acres)
- 0.07
- Style
- Coastal
- Year Built
- 1930
- County
- Worcester
- School District
- Worcester County Public Schools
Property Description
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.
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Additional Information
- Area
- Ocean Block (82)
- Subdivision
- None Available
- Taxes
- $8700
- School District
- Worcester County Public Schools
- High School
- Stephen Decatur
- Fireplaces
- 2
- Flooring
- Laminated
- View
- Ocean
- Heating
- Central
- Heating Fuel
- Electric
- Cooling
- Ductless/Mini-Split, Central A/C
- Roof
- Architectural Shingle
- Utilities
- Cable TV
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Taylor Properties. Contact:
Selling Office: .