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MLS: #MDWO2040184, Listed By: Shawn Kotwica, Coldwell Banker Realty, Source:Bright MLS

106 Philadelphia Avenue

OCEAN CITY, MD 21842
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Bed 1

Bed

Bath 0

Bath

SqFt2,080

Sqft

Acres0.08

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,300,000

AD Id : 88579255

MLS Id : MDWO2040184

Beds : 1

Lot Size : 0.08 Acre

Living Area Size : 2,080

Year Built : 1930

County : WORCESTER

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 1

    Room Information

    Basement: Crawl Space
  • Flooring Information

    Carpet
  • Interior Features

    Ceiling Fan(s) Appliances: Electric Range, Electric Oven, Electric Water Heater, Dryer, Washer, Water Heater, Microwave
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s), Electric

  • Building Information

    Year Built: 1930 Building Area Total: 2080 Construction Materials: Other Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.08 Lot Size Source: Estimated Lot Size Square Feet: 3275

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Income Postal Code Plus 4: 4041 Property SubType: Duplex Property Age: 96

  • Listing Price Information

    Listing Price: $1300000

  • Tax Information

    Parcel Number: 2410030072 Tax Lot: 4 Tax Year: 2026 Annual Tax: $8009.41

  • Parking Information

    Off Street

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: STEPHEN DECATUR
  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6 43rd Street, Ocean City, MD, 21842 $1,799,900 8 -- 2,448 2,448 SqFt
112 / 114 75th Street, Ocean City, MD, 21842 $1,409,900 11 -- 4,048 4,048 SqFt
116 78th Street, Ocean City, MD, 21842 $2,999,900 9 -- 5,022 5,022 SqFt
1701 N Baltimore Avenue, Ocean City, MD, 21842 $1,999,900 10 -- 4,842 4,842 SqFt
2701 Judlee Avenue, Ocean City, MD, 21842 $975,000 8 -- 2,784 2,784 SqFt
304 15th Street, Ocean City, MD, 21842 $1,199,900 5 -- 2,532 2,532 SqFt
205 10th Street, Ocean City, MD, 21842 $1,329,900 7 -- 2,744 2,744 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/09/2026 @ 05:59

MLS: MDWO2040184 LISTED BY: Shawn Kotwica, Coldwell Banker Realty 443-856-2211 SOURCE: Bright MLS

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