• 1004 Philadelphia Avenue OCEAN CITY, MD 21842

  • $2,099,000
  • 11
    Bed(s)
  • 8.0
    Baths
  • 4,002
    Sq Ft
  • 5425
    Sqft

8 Unit building completely remodeled with all new kitchens and baths. This sale includes the real estate, LLC and all furniture and equipment to continue to operate an active Airbnb business. Rent all units or live in one unit as an on site manager to make life easy. Work 6 months out of the year and enjoy the freedom of winters off. Great location just 1.5 blocks to the infamous Beach and Boardwalk of Ocean City. This lot includes 6 parking spots. An addition 3 spots can be rented from a neighboring property if requested. Change your life today and start relaxing with this new business venture.

Property Type :

Residential

Subdivision :

Non Development

County :

WORCESTER

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 11

Master Bedroom Level: 5

Total Bedroom (Upper): 6

Bedroom Upper Level 1: 5

Bedroom Upper Level 1: 1

Bathroom Information

Total Baths: 8

Full Baths: 8

Water/Sewer

Water Source : Public

Interior Features

Roof : Asphalt,Shingle

Roofing Information

Asphalt,Shingle

Heating & Cooling

Cooling: Window Unit(s)

Heating: Other

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Electric

Building Information

Year Built: 1950

Structure: Other

Fencing: Rear

New Construction: No

Built: 1950

Construction Material: Combination,Mixed Plumbing,Stick Built,Other

Roof: Asphalt,Shingle

Architecture: Other,Contemporary,Coastal

Pool/Private: No Pool

Roof Type: Asphalt,Shingle

Exterior Features

Utilities: Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available

Building Name: NONE AVAILABLE

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Fencing

Rear

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 5,425

Dimensions: 0.00 x 0.00

Lot Size (Acres): 0.12

Architectural Style: Other,Contemporary,Coastal

Stories Total: 3

Main Square Feet: 5,425

Property Information

SQ ft: 4,002

SQ ft (Living Area): 4,002

Total Lot SQ ft: 5,425

Subdivision: NON DEVELOPMENT

Financing: Cash,Conventional

Appx. Lot Dimensions: 0.00 x 0.00

Total Acreage: 0.12

New Construction: No

Type: Other,Contemporary,Coastal

Listing Information

Possession: Settlement

Days Of Market: 336

Tax Information

Annual Tax: $8,413

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $596,867

Parking Information

Parking Type: On Street,Parking Lot

Parking Features: Fenced,Surface

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Road Frontage Length: 50

Roof: Asphalt,Shingle

Homeowners Association Information

Direction: Baltimore Ave Turn Left on 9th St Right on Philadelphia Ave Units are on the right

School Information

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Utility Information

Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Electric

Hot Water: Natural Gas

Location Information

Location Type: Oceanside

Direction: Baltimore Ave Turn Left on 9th St Right on Philadelphia Ave Units are on the right

Homes around $2,099,000

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9750 Marthas Landing Ro.., Ocean City, MD,21842 $9,990,000 6 7.5 7,634 17919 Sqft
Keyser Point Road , Ocean City, MD,21842 $420,000 -- -- 197,327 197327 Sqft
110 Sand Dollar Lane , Ocean City, MD,21842 $196,500 2 1.0 470 --
12004 Ocean Gateway , Ocean City, MD,21842 $900,000 -- -- 304,920 304920 Sqft
4306 Coastal Highway , Ocean City, MD,21842 $1,950,000 3 2.5 3,448 7150 Sqft
4302 Coastal Highway , Ocean City, MD,21842 $599,000 3 2.0 1,248 3575 Sqft
Blue Marlin , Ocean City, MD,21842 $485,000 -- -- 673,002 673002 Sqft
8240 Wilmington Lane , Ocean City, MD,21842 $855,000 4 3.0 -- --
13444 Madison Avenue , Ocean City, MD,21842 $750,000 3 2.0 2,000 5000 Sqft
10539 Sussex Road , Ocean City, MD,21842 $1,995,000 4 3.5 -- 28401 Sqft

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ByOwner last updated this listing 05/04/2024 @ 08:10

MLS: MDWO2013540
LISTED BY: Shawn Kotwica , Coldwell Banker Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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