Coastal
205 10TH STREET
OCEAN CITY, MD 21842
MLS#: MDWO2032146
$839,900
Property
Beds
7
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
2,744
Large price drop due to the fact that the building is not being sold with the lot next door. Just the multi family home for sale. A rare chance to own a fully updated four-unit investment property just two blocks from the beach and Boardwalk in downtown Ocean City. Located at 205 10th Street, this 2,744 sq. ft. property offers four move-in-ready units with a versatile mix of accommodations: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. The property has undergone significant renovations inside and out, including a completely updated front façade with three levels of decks, new vinyl railings and steps, a new roof, interior upgrades throughout, and a new kitchen in Unit 1. Each unit has its own porch and is furnished with updated appliances and coastal-inspired décor. A shared coin-operated laundry facility provides an added convenience for tenants and guests while creating an additional source of revenue. With four separate units and a highly walkable downtown location close to the beach, Boardwalk, restaurants, nightlife, shopping, and Ocean City attractions, 205 10th Street offers multiple possibilities for vacation rentals, seasonal rentals, or a combination of investment and personal use. For an investor looking for an established multi-unit property in one of Ocean City’s most desirable rental areas, this one deserves a closer look.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Ceiling Fan(s), Built-in Features, Open Floorplan
-
Total Bedrooms
7
-
Bathrooms
N/A
-
Above Grade Finished Area
2744.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Window Unit(s), Ductless, Gas, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Other Exterior Features
Balcony, Lighting
-
Parking
On Street, Private, Gravel, Lighted, Parking Lot
-
Patio and Porch Features
Deck
-
Pool
No
-
Waterfront YN
NO
-
View
City, Street
Area & Lot
-
Lot Features
Corner Lot, Cleared, Level
-
Lot Size(acres)
0.31
-
Lot Size(square feet)
13,519
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Coastal
Price
-
Sales Price
$839,900
-
Tax Amount
$6,743
-
Sq. Footage
2,744
-
Price/SqFt
$306
HOA
-
Association
No
School District
-
Elementary School
OCEAN CITY
-
Middle School
STEPHEN DECATUR
-
High School
STEPHEN DECATUR
Property Features
-
New Construction
NO
-
Association Amenities
Playground
-
Foundation Details
Block
-
Sewer
Public Sewer
-
Tax Lot
11
-
Water Source
Public
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Location
County
WORCESTER
Elementary School
OCEAN CITY
Middle School
STEPHEN DECATUR
High School
STEPHEN DECATUR
Listing Courtesy of Spike Sands , Berkshire Hathaway HomeServices PenFed Realty - OP
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