712 Baltimore Avenue
$2,899,999
—
4,209
4,209
$689
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.
- Listed by JOHN R. CLARK • Taylor PropertiesP: 3015492208 buyandsellsomd@gmail.com
Property Details for 712 Baltimore Avenue
Tax ID Number
2410033705
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleCoastal
WaterfrontNo
ViewsOcean
GarageNo
SubdivisionNONE AVAILABLE
LISTING UPDATED: 09/06/2024 05:13 PM
Property Details for 712 Baltimore Avenue
Status | Active |
---|---|
MLS # | MDWO2021364 |
Days on Market | 109 |
Taxes | $8,700 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1930 |
Lot Size | 0.07 AC / 3,250 SF |
County | Worcester County |
Building Information for 712 Baltimore Avenue
Stories-Residences2Year Built1930Building Size-Lot Size0.07 AC / 3,250 SF
Property Information for 712 Baltimore Avenue
Property History for 712 Baltimore Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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