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15 57Th Street Ocean City, MD $ 1,595,000
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$ 1,595,000 Get more info
15 57Th Street
$ 1,595,000
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15 57Th Street

Ocean City, MD, 21842
$ 1,595,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 10,601

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Multi-Family Home for sale in Ocean City, MD

for $1,595,000 with 8 bedrooms. This home was built in 1965 on a lot size of 0.14.

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!!!

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Multi-Family Active

Price

$ 1,595,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 9,374

Style

Coastal

Lot Size

0.14

Year Built

1965

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2019490
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Roof Architectural Shingle
Zoning R3
Architectural Style Coastal
Construction Materials Advanced Framing
School District WORCESTER COUNTY PUBLIC SCHOOLS
Year Built 1965
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Ocean City
Accessibility Other
County WORCESTER
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City OCEAN CITY
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 4
MLS Area Ocean Block (82)
Lot Size Units Square Feet
Lot Size Square Feet 6000.00
Waterfront Y/N N
Tax Annual Amount 9374.0
Two Bedroom 4
Structure Type Detached
Price Per Sq Ft Total AG 623.05
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 97
Standard Status Active
Year Built Source Assessor
Tax Lot 23
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Inclusions Furniture included
Type of Parking Off Street
Foundation Details Permanent
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.14
Lot Size Source Assessor
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 15
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* Excluded Features
List By
Keller Williams Realty

Broker

southernsurfin9@gmail.com

Email

Affordability Calculator

$11,382
Per Month
93%
7%
0%
Monthly Principal & Interest
$10,601
Monthly Property Taxes
$781
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3536051 Elementary School
3533416 Middle School
Stephen Decatur High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/16/2024$1,595,000 Listed Price

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15 57Th Street, Ocean City, MD, 21842 is a Multi-Family Home for sale at $1,595,000 with a lot size of 0.14. 15 57Th Street has 8 bedrooms, 0.0 baths, and was built in 1965. The property's zip code is 21842 which is in Ocean City, MD

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