106 Philadelphia Ave, Ocean City, MD 21842
- $1,300,000
- 4
- BD
- 3
- BA
- 2,080
- SqFt
- List Price
- $1,300,000
- Status
- ACTIVE
- Days on Market
- 43
- MLS#
- MDWO2040236
- Style
- Other
- Year Built
- 1930
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,080
- Lot Size
- 3,484
- Acres
- 0.08
- Subdivision
- None Available
- Neighborhood
- None Available
- MLS Area Major
- Ocean Block (82)
Property Description
Unlock exceptional income potential in the heart of downtown Ocean City with this versatile 4-bedroom, 3-bath single-family home at 106 Philadelphia Avenue. Built in 1930 and offering approximately 2,080 square feet of living space on a 3,275-square-foot lot, this property sits just two blocks from the beach and two blocks from the bay—placing you steps from the Boardwalk, restaurants, shops, nightlife, and the best of coastal living. What sets this property apart is its flexible multi-level layout designed for maximum rental returns or hybrid owner-occupant use. Each floor features its own bedrooms, full baths, and kitchen, along with independent front and rear entries. Live in one level while renting the other, or operate the entire home as a high-demand short-term vacation rental or steady year-round investment. The attic provides additional conversion potential for even more living or rental space. With parking for up to four vehicles, ceiling fans, and essential appliances including washer, dryer, range/oven, and microwave, the home is ready for immediate use. Whether you’re seeking a primary residence that generates supplemental income, a pure investment property, or a combination of both, 106 Philadelphia Avenue delivers strong income-producing potential in one of Ocean City’s most desirable downtown locations.Don’t miss this rare opportunity to own a flexible, cash-flow-friendly property in the heart of Ocean City.
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Additional Information
- Interior Features
- Attic, 2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen
- Taxes
- $3,022
- Property Description
- Other
- Zoning
- C-1
- Appliances
- Built-In Microwave, Dryer, Oven/Range - Electric, Washer, Water Heater
- Heating
- Baseboard - Electric
- Air Conditioning
- Ceiling Fan(s), Window Unit(s)
- Levels
- 2
- Foundation
- Crawl Space
- School District
- Worcester County Public Schools
- High School
- Stephen Decatur
Mortgage Calculator
Listing courtesy of Coldwell Banker Realty. Contact: 4438562211