712 Baltimore Avenue

Ocean City, MD 21842

$2,899,999
Price
Beds
4,209 Sq. Ft.
$689 / Sq. Ft.
4,209
Sq. Ft.
$689
per Sq. Ft.

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...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.
  1. Listed by JOHN R. CLARK • Taylor Properties
    P: 3015492208 buyandsellsomd@gmail.com

Property Details for 712 Baltimore Avenue

Tax ID Number
2410033705
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Coastal
Waterfront
No
Views
Ocean
Garage
No
Subdivision
NONE AVAILABLE
LISTING UPDATED: 09/06/2024 05:13 PM

Property Details for 712 Baltimore Avenue

StatusActive
MLS #MDWO2021364
Days on Market109
Taxes$8,700 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.07 AC / 3,250 SF
CountyWorcester County

Building Information for 712 Baltimore Avenue

Stories-Residences2Year Built1930Building Size-Lot Size0.07 AC / 3,250 SF

Property Information for 712 Baltimore Avenue

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • High School: STEPHEN DECATUR (WORCESTER MD)
  • County: WORCESTER
  • MLS Area: Ocean Block (82)
  • OC Cross Street: 8
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $668,267
  • Year Assessed: 2022
  • County Tax: $5,203
  • City Town Tax: $2,808
  • Clean Green Assessed: No
  • Land Use Code: 011
  • Zoning: R-3
  • Tax Lot: 1A
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Units Furnished: All
Building Info
Building Info
  • Year Major Reno Remodel: 2016
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Location Type: Oceanblock
  • Parcel ID: 5399896
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street, On Street, Driveway
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Appliances: Built-In Microwave
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split, Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Southern Maryland Association of REALTORS
  • List Agent URL: www.TaylorProperties.co

Property History for 712 Baltimore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 712 Baltimore Avenue

Taxable ValueLand$446,800Additions$333,000Total$779,800
Tax Record2023$10,206 ($850 / month)
Home Facts
Baths4Total Finished SqFt4,209 SqFtAbove Grade Finished SqFt4,209 SqFtStories4Lot Size3,250 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930ZoningR-3CountyWORCESTERAPN10-033705Fireplace TypeHas Fireplace

Schools near 712 Baltimore Avenue

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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712 Baltimore Avenue is a multi-family home for sale in Ocean City, MD 21842. This property was listed for sale on June 6, 2024 by Taylor Properties, it's currently listed at $2,899,999. It has been on the market for a total of 109 days and was last sold on December 30, 2021. This listing's school district is Worcester County Public Schools. Nearby schools include Ocean City Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 712 Baltimore Avenue is a 0-bed, 0-bath, 4,209 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Taylor Properties

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 09/06/2024 05:13 PM