205 5th St Unit #41, Ocean City, MD 21842

$205,000
1
BD
1
BA
304
SqFt

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List Price
$205,000
Status
ACTIVE
Days on Market
48
MLS#
MDWO2039074
Style
Bungalow
Year Built
1940
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
304
Subdivision
None Available
Neighborhood
None Available
Building Name
Parrot Bay
MLS Area Major
Ocean Block (82)

Property Description

This is an amazing one-bedroom unit in the heart of downtown that won't disappoint. If you're looking for your next hideaway in ocean city to vacation or you're looking for a powerhouse income producing unit, you have arrived. Walking distance to the beach, boardwalk and all local attractions; this home is central to everything. Over the last two years this unit has grossed (on average) $22,000 each summer and can produce even more if operated during the winter as an off-season rental. Recently updated with new furniture, paint and staging, this gem can comfortably sleep 5 adults. The home has a full kitchen, a large shower and a recently updated exterior space. Stairs and deck have been rebuilt using Trex decking and provide a quiet private space to rest once you have walked off the beach. There is nothing on the market at this price that can compare.

Additional Information

Amenities
Swimming Pool, Pool - Outdoor
Taxes
$1,621
HOA Includes
Reserve Funds, Insurance, Common Area Maintenance, Cable TV
Pets
Yes
Building Name
Parrot Bay
Property Description
Bungalow
Zoning
R2
Heating
Baseboard - Electric
Air Conditioning
Window Unit(s)
Levels
1
Pool
Yes
School District
Worcester County Public Schools

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Calculator source: Real Geeks

Listing courtesy of Corner House Realty. Contact: (443) 499-3839