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    509 511 N Baltimore Avenue

    OCEAN CITY, MD 21842
    • $1,399,000
    • STATUS: Active
    • ON SITE: 2 days
    • ID#: MDWO118186
    UPDATED: 14 min ago
    $1,399,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,508
      SQFT
    • $186
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    An investors dream in an unbeatable location, properties like this are few and far in between! Operate as is with over $200,000 in income or redevelop as you see fit. Two adjoining lots (Tax ID: 10-0322725 and 10-032709) consisting of 3 historic buildings with a total of 8 units. Located between 5th and 6th streets on Baltimore Ave just 1 short block from the beach and boardwalk in Downtown Ocean City. 509 Baltimore Ave consists of a 4-plex with 4 identical 3 bedroom 2 bath units each set up to sleep up to 10. Behind that sits a small duplex with an efficiency on the first floor and a 1 bedroom on the second. Next door 511 Baltimore is a duplex with 3 bedroom 1.5 bath unit on 1st floor and large 4 bedroom 2 bath unit on the 2nd and 3rd floors. All units have updated kitchens and baths and great front porches. Total of 13 parking spaces between the two lots. Sold as-is, fully furnished, and ready to hit the ground running in 2021.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-11-23T11:00:56.8.
    www.coastline-realty.com/homes/112060958
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    509 511 N Baltimore Avenue OCEAN CITY, MD 21842

    • Price: $1,399,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: MDWO118186
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    7,508
    SQFT
    $186
    $/SQFT
    1935
    Built
    Neighborhood:
    Bayside Interior (83)
    County:
    Worcester
    Area:
    Bayside Interior (83)
    Elementary School:
    Ocean City
    Middle School:
    Stephen Decatur
    High School:
    Stephen Decatur
    School District:
    Worcester County Public Schools
    Property Description
    An investors dream in an unbeatable location, properties like this are few and far in between! Operate as is with over $200,000 in income or redevelop as you see fit. Two adjoining lots (Tax ID: 10-0322725 and 10-032709) consisting of 3 historic buildings with a total of 8 units. Located between 5th and 6th streets on Baltimore Ave just 1 short block from the beach and boardwalk in Downtown Ocean City. 509 Baltimore Ave consists of a 4-plex with 4 identical 3 bedroom 2 bath units each set up to sleep up to 10. Behind that sits a small duplex with an efficiency on the first floor and a 1 bedroom on the second. Next door 511 Baltimore is a duplex with 3 bedroom 1.5 bath unit on 1st floor and large 4 bedroom 2 bath unit on the 2nd and 3rd floors. All units have updated kitchens and baths and great front porches. Total of 13 parking spaces between the two lots. Sold as-is, fully furnished, and ready to hit the ground running in 2021.
    Exterior Features

    Architectural Style Coastal Construction Materials Aluminum SidingAsphaltConcreteStick BuiltWood Siding Exterior Features Boat StorageOutbuilding(S)Outside ShowerPlay AreaSidewalksStreet Lights Garage YN No Location Type Oceanside Other Structures Above GradeBelow Grade Parking Features Gravel DrivewayPrivate Parking Types DrivewayOff SiteOn StreetParking Lot Patio And Porch Features Balconies- Multiple Pool No Pool Riparian Rights YN No Roof Architectural Shingle View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 7508 Appliances CooktopDishwasherDisposalMicrowaveOven/Range - ElectricRefrigerator Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CWindow Unit(S) Fireplaces Total 0 Flooring HardwoodCeramic Tile Heating Heat Pump(S)Wall UnitCentral Heating YN Yes Inclusions Sold As Shown As IS Interior Features 2nd KitchenAdditional StairwayBreakfast AreaCombination Dining/LivingCombination Kitchen/DiningFamily Room Off KitchenFloor Plan - TraditionalWood Floors Rooms Total 38 Single Room Units 1 Three Bedroom Units 4 Two Bedroom Units 2 Units Furnished All Walls Ceilings Dry Wall

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Building Name None Available Central Air YN Yes Cooling Fuel Electric Foundation Details Crawl Space Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Ocean City Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 304381303094 Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 9334.00 Tax Assessment Amount 660600.00 Tax Lot 10 Total Actual Rent 200000.00 Transportation Bus Stop Less Than 1 Mile Utilities Cable TvElectric Available Vacation Rental YN No Water Source Public Window Features InsulatedWood Frame Year Built Effective 2019 Zoning R-3A

    Listing courtesy of Berkshire Hathaway Homeservices Penfed Realty - Op.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-11-23T11:00:56.8.
     
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