$ 589,900
-
$589,900
Price -
3
Bed -
2
Bath -
2,000
SqFt
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About the Listing RRC1 - 3047659
Opportunity knocks! The home is in need of some work as you will see upon entering, but it has potential for many things. Situated on an oversized corner lot with water views from three sides, this property offers room to add 2+ levels, as zoning laws allow building up to 45 feet. Zoned R-3 for multi-family and residential. Approved variances are in hand, including a variance for a second and third floor cantilever, making expansion plans even more attainable. Variance for an auxiliary dwelling unit (ADU) also in hand. If necessary, the current owner is open to a joint venture to see the project through to the finish line. Ideal for an investor looking to make a profit or someone looking to build a primary residence, a vacation getaway, an investment opportunity—or all of the above!
Listing Highlights for 13444 Madison Ave
Status
Active
Days on Site
1134
Property Type
Residential
MLS ®
MDWO2009464
Year Built
1958
Total Square Footage
2,000
Lot/Acreage
0.11
County
Worcester
Building Name
NONE AVAILABLE
Neighborhood
Glenn Acres
School District
Worcester County Public Schools
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Baseboard - Electric
- Fireplaces: 1, 1 Fireplace
- Floor:
- Above Ground Sq Ft: 2000
- Below Ground Sq Ft: 0
- Basement:
- Other: Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-3
- Roof:
- Others: Average
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $1,903
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
13444 Madison Ave Ocean City, MD 21842
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