2 48th St #402, Ocean City, Md 21842
3 Bed
3 Bath
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Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023. Some weeks were blocked in 2023 for owner use and it could produce more income if so desired by the new owners. Buyers to honor 2024 rentals.
Essentials
MLS Number
Mdwo2017306
Community
None Available
List Price
$1,099,000
Bedrooms
3
Full Baths
3
Standard Status
Active
Waterfront
N
Location
Address
2 48th St #402, Ocean City, Md
Lot Features
Premium
Interior
Heating
Central
Heating Fuel
Electric
Cooling
Central A/c
Hot Water
Electric
Fireplace
N
Flooring
Carpet, ceramic Tile
Appliances
Built-in Microwave, dishwasher, disposal, dryer, freezer, oven/range - Electric, refrigerator, washer
Interior Features
Carpet, ceiling Fan(s), combination Dining/living, combination Kitchen/dining, crown Moldings, dining Area, entry Level Bedroom, flat, floor Plan - Open, pantry, primary Bath(s), recessed Lighting, soaking Tub, sprinkler System, tub Shower, upgraded Countertops, walk-in Closet(s), whirlpool/hottub, window Treatments
Interior Features
- Carpet
- Ceiling Fan(s)
- Combination Dining/Living
- Combination Kitchen/Dining
- Crown Moldings
- Dining Area
- Entry Level Bedroom
- Flat
- Floor Plan - Open
- Pantry
- Primary Bath(s)
- Recessed Lighting
- Soaking Tub
- Sprinkler System
- Tub Shower
- Upgraded Countertops
- Walk-in Closet(s)
- WhirlPool/HotTub
- Window Treatments
Appliances
- Built-In Microwave
- Dishwasher
- Disposal
- Dryer
- Freezer
- Oven/Range - Electric
- Refrigerator
- Washer
Additional Information
Square Footage
1790
Year Built
2008
New Construction
N
Property Type
Residential
County
Worcester
Lot Size Dimensions
0.00 X 0.00
School District
Worcester County Public Schools
Listing courtesy of Keller Williams Realty Delmarva.