$ 799,000
-
$799,000
Price -
7
Bed -
2,744
SqFt -
0.31
Acre
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About the Listing 630KWR04 - 3256010
Large price drop due to the fact that the building is not being sold with the lot next door. Just the multi family home for sale. A rare chance to own a fully updated four-unit investment property just two blocks from the beach and Boardwalk in downtown Ocean City. Located at 205 10th Street, this 2,744 sq. ft. property offers four move-in-ready units with a versatile mix of accommodations: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. The property has undergone significant renovations inside and out, including a completely updated front façade with three levels of decks, new vinyl railings and steps, a new roof, interior upgrades throughout, and a new kitchen in Unit 1. Each unit has its own porch and is furnished with updated appliances and coastal-inspired décor. A shared coin-operated laundry facility provides an added convenience for tenants and guests while creating an additional source of revenue. With four separate units and a highly walkable downtown location close to the beach, Boardwalk, restaurants, nightlife, shopping, and Ocean City attractions, 205 10th Street offers multiple possibilities for vacation rentals, seasonal rentals, or a combination of investment and personal use. For an investor looking for an established multi-unit property in one of Ocean City’s most desirable rental areas, this one deserves a closer look.
Listing Highlights for 205 10th St
Status
Active With Contingency
Days on Site
475
Property Type
Multi-Family
MLS ®
MDWO2032146
Year Built
1950
Total Square Footage
2,744
Lot/Acreage
0.31
County
Worcester
Building Name
NONE AVAILABLE
School District
Worcester County Public Schools
Elementary School
Ocean City
Middle School
Stephen Decatur
High School
Stephen Decatur
Interior Details
- Bedrooms: 7
- Appliances: Built-In Microwave, Built-In Range, Compactor, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater
- Air Cond: Ductless/Mini-Split,Ceiling Fan(s),Window Unit(s)
- Heating: Wall Unit,Baseboard - Electric
- Fireplaces:
- Floor: Ceramic Tile,Luxury Vinyl Plank
- Above Ground Sq Ft: 2744
- Basement:
- Other: Additional Stairway,Breakfast Area,Built-Ins,Ceiling Fan(s),Combination Kitchen/Dining,Entry Level Bedroom,Floor Plan - Open,Kitchen - Eat-In,Upgraded Countertops,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Cleared,Corner,Level,Premium,Road Frontage,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-2
- Roof: Architectural Shingle
- Others: Exterior Lighting,Fire Escape,Play Area,Sidewalks,Street Lights
- Sewer: Public Sewer
- Parking Features: Crushed Stone,Fenced,Free,Lighted Parking,Private,On Street,Parking Lot
Financial Details
- Tax Amount: $6,743
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
205 10th St Ocean City, MD 21842
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