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8 84TH Street

OCEAN CITY, MD 21842
  • $1,475,000
  • STATUS: Active
  • ON SITE: 54 Days
  • ID#: MDWO2002958
UPDATED: 73 min ago
$1,475,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,576
    SQFT
  • $412
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2004
County:

School Information

Elementary School:
Middle School:
High School:

Description

RARE FIND! Oceanblock multi-family income producing property consisting of two 3 bedroom fully renovated apartments (918 sq. ft) and a 4 bedroom single family home (1740 sq. ft) built in 2004. Great midtown location close to all the attractions. All are fully furnished and just steps to the beach. Property is in the process of being converted to condominium ownership under the name Pelican Watch. The 2 story apartment building will be Unit A & B, and this house Unit C. Owner uses Unit A and does not rent it. In 2020 Unit B produced $25k+ GRI and Unit C produced $55k+ GRI with potential to do much more if all 3 units are rented. In addition, parcel is zoned R-3 and has the potential to add one additional unit to the property. What are you waiting for?! An opportunity like this doesn't come up very often...or ever! Local financing options are available. Tax record reflects information for entire property.

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©2021 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 Long and Foster Real Estate. 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: 2021-12-01T23:50:08.897.
www.easternshorehomesolutions.com/homes/122221413
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8 84TH Street OCEAN CITY, MD 21842

  • Price: $1,475,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 73 min ago
  • ID#: MDWO2002958
0
Beds
0
Baths
0
½ Baths
0.14
Acres
3,576
SQFT
$412
$/SQFT
2004
Built
Neighborhood:
Non Development
County:
Worcester
Area:
Ocean Block (82)
Elementary School:
Ocean City
Middle School:
Stephen Decatur
High School:
Stephen Decatur
School District:
Worcester County Public Schools
Property Description
RARE FIND! Oceanblock multi-family income producing property consisting of two 3 bedroom fully renovated apartments (918 sq. ft) and a 4 bedroom single family home (1740 sq. ft) built in 2004. Great midtown location close to all the attractions. All are fully furnished and just steps to the beach. Property is in the process of being converted to condominium ownership under the name Pelican Watch. The 2 story apartment building will be Unit A & B, and this house Unit C. Owner uses Unit A and does not rent it. In 2020 Unit B produced $25k+ GRI and Unit C produced $55k+ GRI with potential to do much more if all 3 units are rented. In addition, parcel is zoned R-3 and has the potential to add one additional unit to the property. What are you waiting for?! An opportunity like this doesn't come up very often...or ever! Local financing options are available. Tax record reflects information for entire property.
Exterior Features

Architectural Style Coastal Construction Materials BlockFrameStick BuiltVinyl Siding Exterior Features Exterior LightingOutside ShowerStreet LightsSecure Storage Garage YN No Location Type Oceanblock Lot Features Cleared Other Structures Above GradeBelow Grade Parking Features Gravel DrivewayLighted ParkingPrivateShared DrivewayUnder Home Parking Parking Types Off StreetOn StreetDrivewayParking Lot Patio And Porch Features Balconies- MultipleDeck(S) Pool No Pool Riparian Rights YN No Road Responsibility City/County Road Surface Type Black Top Roof Asbestos Shingle Soil Types Sandy View CityOcean Water Access YN No Water Body Name Atlantic Water Body Type Ocean Water Oriented YN Yes Water View YN Yes Waterfront YN No

Interior Features

Above Grade Fin SQFT 3576 Appliances Built-In MicrowaveDishwasherDryerWasherExhaust FanRefrigeratorIcemakerStoveWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CCeiling Fan(S) Exclusions Unit A - Hutch in KitchenDecor And Wall Art. Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic Tile Heating Heat Pump(S) Heating YN Yes Inclusions Conveys As Shown With The Exception Of A Few Pieces Of Furniture in Owner's Unit (A) To Be identified. Interior Features CarpetCeiling Fan(S)Breakfast AreaDining AreaFloor Plan - OpenPrimary Bath(S)Recessed LightingSprinkler SystemTub ShowerUpgraded CountertopsWindow Treatments Security Features Sprinkler System - IndoorSmoke DetectorCarbon Monoxide Detector(S) Single Room Units 0 Spa YN No Three Bedroom Units 2 Two Bedroom Units 0 Units Furnished All Walls Ceilings Dry Wall

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Foundation Details Pillar/Post/Pier Heating Fuel ElectricNatural Gas Historic YN No Hot Water Electric Internet Services Cable Municipality Ocean City Navigable Water YN N New Construction YN No Number Of Units Total 3 Operating Expense Includes Cable TvInsurance Original MLSNumber 801107083232 Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 12265.00 Tax Assessment Amount 867933.00 Tax Lot 14 Transportation Bus Stop Less Than 1 Mile Utilities Cable Tv AvailablePhone Available Vacation Rental YN No Water Source Public Window Features Screens Zoning R-3 Zoning Description Residential

Listing courtesy of Keller Williams Realty Delmarva.


©2021 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 Long and Foster Real Estate. 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: 2021-12-01T23:50:08.897.
 
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107 Williamsport Circle
Salisbury MD, 21804