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

$200,000
: 1
BD
: 1
BA
: 304
SqFt

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List Price: $200,000
Status: ACTIVE
Days on Market: 138
Price Change: ▼ $5,000 1792869381
MLS#: MDWO2039074
Subtype: Residential
Style: Bungalow
Year Built: 1940
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Living Area: 304
Subdivision: None Available
Building Name: Parrot Bay
MLS Area Major: Ocean Block (82)

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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.

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Additional Information

Taxes: $1,621
Pets Allowed: Yes
Building Name: Parrot Bay
Property Description: Bungalow
Zoning: R2
Heating: Electric Baseboard
Air Conditioning: Window/Wall
Levels: One
School District: Worcester County Public Schools