$ 1,600,000
-
$1,600,000
Price -
0
Bed - Bath
-
3,685
SqFt
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About the Listing 345MWG - 3256453
Waterfront Multi-Unit Investment Opportunity – Prime OC Location Don’t miss this rare chance to own a waterfront 6-unit income-producing property in the heart of Ocean City, just two blocks from the world-famous White Marlin Open. This well-maintained building includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently operating as long-term rentals with solid tenant history and consistent cash flow. Situated directly on the water, the property provides excellent appeal for both current tenants and potential short-term rental conversion. The unbeatable location places you just short walk from the beach, Boardwalk, dining, and entertainment, making it ideal for maximizing rental demand. Whether you’re looking to expand your portfolio or break into the Ocean City market, this property offers strong income potential with room to grow.
Listing Highlights for 1617 Saint Louis Ave
Status
Active
Days on Site
111
Property Type
Commercial Sale
MLS ®
MDWO2030988
Year Built
1950
Total Square Footage
3,685
Lot/Acreage
0.11
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Laminated
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-2
- Roof: Architectural Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $8,250
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
1617 Saint Louis Ave Ocean City, MD 21842
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