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.
Sold for $2,467,500 on 01/02/25
$2,467,500
712 N Baltimore Ave, Ocean City, MD 21842
12beds
4,209sqft
Townhouse
Built in 1930
3,250 Square Feet Lot
$-- Zestimate®
$586/sqft
$1,900 Estimated rent
Owner options
What's special
Zillow last checked: 9 hours ago
Listing updated: January 02, 2025 at 07:22am
Listed by:
JOHN R. CLARK 301-549-2208,
Taylor Properties
Bought with:
Tamar Nazarian, 658866
Coastal Life Realty Group LLC
Source: Bright MLS,MLS#: MDWO2021360
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 2
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Ductless, Central Air, Electric
Appliances
- Included: Microwave, Electric Water Heater
Features
- Dry Wall
- Flooring: Laminate
- Has basement: No
- Number of fireplaces: 2
Interior area
- Total structure area: 4,209
- Total interior livable area: 4,209 sqft
- Finished area above ground: 4,209
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, On Street, Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanblock
Lot
- Size: 3,250 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410033705
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Coastal
- Property subtype: Townhouse
Materials
- Shingle Siding
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1930
- Major remodel year: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Ocean City
- Subdivision: None Available
- Municipality: Ocean City
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Conventional,Cash
- Ownership: Fee Simple