12304 Coastal Hwy, Ocean City, Md 21842
Inquire About This Listing
This 4 unit building and additional lot are ready to go with everything being completely remodeled down to the studs and the electric all the way from the pole. New roof, siding, windows and doors were placed on the outside and the stairs were rebuilt to accommodate additional storage for each unit. Three head split units keep the temperature at your demand and a surrounding fence and storage unit makes the property very easy to manage. Continue to rent out this income producing property through 2023 as per the contract, but then use the unit at your leisure. Better yet, purchase the property as a primary residence, and let three additional units pay your mortgage. One day in the future, you can build an additional two units even with a garage underneath on the addition lot that is part of the sale. Possibilities are endless. Professional Photos to come
Essentials
MLS Number
Mdwo2011662
Community
None Available
List Price
$1,499,999
Standard Status
Active
Waterfront
N
Location
Address
12304 Coastal Hwy, Ocean City, Md
Interior
Heating
None
Heating Fuel
Electric
Cooling
None
Hot Water
Electric
Fireplace
N
Flooring
Luxury Vinyl Plank
Interior Features
Appliances
Additional Information
Square Footage
2912
Acres
0.23
Year Built
1960
New Construction
N
Property Type
Multi-family
County
Worcester
Lot Size Dimensions
0.00 X 0.00
School District
Worcester County Public Schools
Listing courtesy of Coldwell Banker Realty.