7004 Coastal Highway

    OCEAN CITY, MD 21842
    • $489,900
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: MDWO109982
    UPDATED: 70 min ago
    $489,900
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Building has 4 One Bedroom Apartments and 1 Two Bedroom Apartment. Siding, windows and stoves replaced Spring of 2017. Only the One Bedroom Apartments are rented for a Gross Rental Income of $23,000.00 for the Summer Season. The owners use the 2 Bedroom Apartment. If the two bedroom were rented it would add $7,000.00 to the GRI. The walls and ceilings are Knotty Pine for easy maintenance. See Photos. Located on the ocean block side of Coastal Highway. Plenty of parking in front and back of the building.

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    ©2019 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. 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: 2019-12-06T19:52:20.343.
    www.eriksells.com/homes/100170693

    7004 Coastal Highway OCEAN CITY, MD 21842

    • Price: $489,900
    • Status: Active
    • Updated: 70 min ago
    • ID#: MDWO109982
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1960
    Built
    Neighborhood:
    Ocean Block (82)
    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
    Building has 4 One Bedroom Apartments and 1 Two Bedroom Apartment. Siding, windows and stoves replaced Spring of 2017. Only the One Bedroom Apartments are rented for a Gross Rental Income of $23,000.00 for the Summer Season. The owners use the 2 Bedroom Apartment. If the two bedroom were rented it would add $7,000.00 to the GRI. The walls and ceilings are Knotty Pine for easy maintenance. See Photos. Located on the ocean block side of Coastal Highway. Plenty of parking in front and back of the building.
    Exterior Features

    Construction Materials Vinyl Siding Garage YN No Parking Types Off Street Property Condition Building WinterizedShows Well Riparian Rights YN No Roof Asbestos Shingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 2140.00 Cooling Window Unit(S)Wall Unit Exclusions None Other Than Personal items Heating Baseboard - Electric Heating YN Yes Inclusions What You See is What You Get Net Square Feet 2140.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2019 Association YN No Building Name None Available Business Type Apartment Building Central Air YN No Cooling Fuel Electric Electric 120/240V Heating Fuel Electric Hot Water Propane Incorporated City Name Ocean City Navigable Water YN N New Construction YN No Number Of Units Total 5 Original MLSNumber 302130512476 Ownership Interest Fee Simple Possession Coin W/Sell Sett Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 7134.0 Tax Assessment Amount 501500.0 Utilities Cable TvElectric Available Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning R-3

    Listing courtesy of Long & Foster Real Estate, Inc..


    ©2019 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. 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: 2019-12-06T19:52:20.343.
     
    Long & Foster
    7465 Lancaster Pike Suite M
    Hockessin DE, 19707