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15 57Th Street Ocean City, MD $ 1,395,000
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15 57Th Street
$ 1,395,000
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15 57Th Street

Ocean City, MD, 21842
$ 1,395,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 8,703

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Multi-Family Home for sale in Ocean City, MD

for $1,395,000 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 to be utilized for parking. Super easy commuting with bus stops out front on Coastal and FREE PARKING!!! 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!!! ***Currently only rented during summer months*** This building is able to be utilized in WINTER/SUMMER for both short term and long term rentals. Current owners have just chosen to only rent in the summer since they have owned*** Numbers only reflect summer rentals.

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Multi-Family Active

Price

$ 1,395,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 10,376

Style

Coastal

Lot Size

0.14

Year Built

1965

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2035116
Features
General
Living Area 2560
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Cable TV
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 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Ocean City
Gross Income 110000.00
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
Total Rooms 8
Status ACTIVE
Directions GPS 57th Street Ocean side of Coastal. Blue Quadraplex on your right as you turn onto 57th.
City OCEAN CITY
Number Of Units Total 4
MLS Area Ocean Block (82)
Lot Size Units Square Feet
Lot Size Square Feet 6000.00
Number of Units Leased 4
Tax Annual Amount 10376.0
Trash Expense 0.00
Two Bedroom 4
Structure Type Detached
Price Per Sq Ft Total AG 544.92
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type None
Standard Status Active
Year Built Source Estimated
Tax Lot 23
Total Actual Rent 100000.00
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Interior
Heating Fuel Electric
Hot Water Electric
Furnished Units All
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Lot Features Corner
Water Source Public
Inclusions Furniture included
Type of Parking Off Street
Foundation Details Permanent
Spa N
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.14
Lot Size Source Estimated
Waterfront Y/N N
Pool Charge 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

$9,568
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,703
Monthly Property Taxes
$865
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
3536051 Elementary School
3533416 Middle School
Stephen Decatur High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/1/2025$1,395,000 Listed Price

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15 57Th Street, Ocean City, MD, 21842 is a Multi-Family Home for sale at $1,395,000 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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