Address
15 57Th Street, Ocean City, MD
Price
$ 1,595,000
Property Attributes
- MLS#MDWO2019490
- TypeMulti-Family
- CountyWORCESTER
- CityOcean City
- AreaOcean Block
- Zip21842
- StyleCoastal
- Year Built1965
- Taxes$ 9374
- Price$ 1,595,000
- Bedrooms8
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,098 SqFt
Data Source:
Bright MLS
Property Description
What else do you need? Incredible investment opportunity for a owner who would like to have 4 fully furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property. Super easy commuting with bus stops out front on Coastal and FREE PARKING!!! Open lot in the rear of the building is a HUGE perc on this purchase!! COMFIRM ALL BUILDING PLANS/PERMITS for the open area via Ocean City Zoning if that is your clients wishes. All items including roof, hvac, full interior of all units have all been renovated and newer appliances within the last 5 years! 100 yards off the sandy beaches and with this property, you will NEVER have to cross Coastal Highway to get to the beach safely! This is a PRIME opportunity for one lucky buyer! Good luck and schedule your showing sooner than later!!!
| Elementary School | Middle School | High School |
|---|---|---|
| Ocean City Elementary School | Stephen Decatur Middle School | Stephen Decatur High School |
| Price History | |
|---|---|
| 3/16/2024 | Listed $1,595,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | Immediate |
| Roof | Architectural Shingle |
| Zoning | R3 |
| Pool Y/N | No Pool |
| Architectural Style | Coastal |
| Construction Materials | Advanced Framing |
| Year Built | 1965 |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | Other |
| County | WORCESTER |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-03-17T18:36:20 |
| City | OCEAN CITY |
| Buyer Agent Compensation | 2.5 |
| Total Units | 4 |
| MLS Area | Ocean Block (82) |
| Lot Size Square Feet | 6000.00 |
| Tax Assessed Value | 665000.0 |
| Waterfront Y/N | No |
| Street Name | 57TH |
| Tax Annual Amount | 9374.0 |
| Two Bedroom | 4 |
| Structure Type | Detached |
| Price Per Sq Ft | 623.05 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Total SQFT | 2560 |
| Days on Market | 46 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 23 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | Furniture included |
| Type of Parking | Off Street |
| Land Use Code | M |
| Foundation Details | Permanent |
| Water View Y/N | No |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 0.14 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 0.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 21842
Price
Taxes
Visits
Year Built
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