$ 1,300,000
-
$1,300,000
Price -
1
Bed -
0
Bath -
2,080
SqFt
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About the Listing 345MWG - 3256453
Prime Downtown Ocean City Investment Opportunity – 106 Philadelphia Avenue Unlock exceptional income potential in the heart of downtown Ocean City with this versatile 4-bedroom, 3-bath single-family home at 106 Philadelphia Avenue. Built in 1930 and offering approximately 2,080 square feet of living space on a 3,275-square-foot lot, this property sits just two blocks from the beach and two blocks from the bay—placing you steps from the Boardwalk, restaurants, shops, nightlife, and the best of coastal living. What sets this property apart is its flexible multi-level layout designed for maximum rental returns or hybrid owner-occupant use. Each floor features its own bedrooms, full baths, and kitchen, along with independent front and rear entries. Live in one level while renting the other, or operate the entire home as a high-demand short-term vacation rental or steady year-round investment. The attic provides additional conversion potential for even more living or rental space. With parking for up to four vehicles, ceiling fans, and essential appliances including washer, dryer, range/oven, and microwave, the home is ready for immediate use. Whether you’re seeking a primary residence that generates supplemental income, a pure investment property, or a combination of both, 106 Philadelphia Avenue delivers strong income-producing potential in one of Ocean City’s most desirable downtown locations.Don’t miss this rare opportunity to own a flexible, cash-flow-friendly property in the heart of Ocean City.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
MDWO2040184
Year Built
1930
Total Square Footage
2,080
Lot/Acreage
0.08
County
Worcester
Building Name
NONE AVAILABLE
Neighborhood
None Available
Area
Ocean Block (82)
School District
Worcester County Public Schools
High School
Stephen Decatur
Interior Details
- Bedrooms: 1
- Bathrooms: 0 Full
- Appliances: Built-In Microwave, Dryer, Oven/Range - Electric, Washer, Water Heater
- Air Cond: Ceiling Fan(s),Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2080
- Below Ground Sq Ft: 0
- Basement:
- Other: Attic,2nd Kitchen,Carpet,Ceiling Fan(s),Entry Level Bedroom,Family Room Off Kitchen
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: C-1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $8,009
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
106 Philadelphia Ave Ocean City, MD 21842
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