1003 Atlantic Avenue

    OCEAN CITY, MD 21842
    • $1,950,000
    • STATUS: Active
    • ON SITE: 64 days
    • ID#: MDWO113106
    UPDATED: 38 min ago
    $1,950,000
    • 9
      BEDS
    • 0.11
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 5,236
      SQFT
    • $372
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1930
    County:

    School Ratings & Info

    Description

    What an unbelievable opportunity to own a direct oceanfront Historic property directly on the Boardwalk in Downtown Ocean City! INVESTOR ALERT for this unheard of chance to own not just the home with 3 spacious units (1st Floor has a 2 bed/1 bath and 3 bed/2 bath, while 2nd floor has a 4 bed/2 bath,) a full and dry basement formerly used for apartments that is now storage and HUGE porches to take in the views, but also a separately deeded and BUILDABLE lot with 9 parking spaces as well! (TAX ID 10-035694) Strong rental history here with the likelihood to do even better numbers! Ample Boardwalk frontage, outdoor hot and cold shower, located in the Opportunity Zone as well. Now is the time to make an appointment to see!

    Monthly Payment Calculator



    ©2020 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 The Allison Stine Team with Northrop Realty a Long and Foster Company. 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: 2020-05-30T06:51:41.1.
    www.allisonstineteam.com/homes/104542917

    1003 Atlantic Avenue OCEAN CITY, MD 21842

    • Price: $1,950,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: MDWO113106
    9
    Beds
    5
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,236
    SQFT
    $372
    $/SQFT
    1930
    Built
    Neighborhood:
    None Available
    County:
    Worcester
    Area:
    Direct Oceanfront (80)
    School District:
    Worcester County Public Schools
    Property Description
    What an unbelievable opportunity to own a direct oceanfront Historic property directly on the Boardwalk in Downtown Ocean City! INVESTOR ALERT for this unheard of chance to own not just the home with 3 spacious units (1st Floor has a 2 bed/1 bath and 3 bed/2 bath, while 2nd floor has a 4 bed/2 bath,) a full and dry basement formerly used for apartments that is now storage and HUGE porches to take in the views, but also a separately deeded and BUILDABLE lot with 9 parking spaces as well! (TAX ID 10-035694) Strong rental history here with the likelihood to do even better numbers! Ample Boardwalk frontage, outdoor hot and cold shower, located in the Opportunity Zone as well. Now is the time to make an appointment to see!
    Exterior Features

    Architectural Style Coastal Assigned Parking Spaces 9 Construction Materials FrameStick Built Direction Faces East Garage YN No Other Structures Above GradeBelow Grade Parking Features Assigned Parking Types AlleyOff StreetParking Lot Pool No Pool Roof Shingle Water Access YN Yes Water Body Name Atlantic Ocean Water Body Type Ocean Water Oriented YN Yes Waterfront YN Yes

    Interior Features

    Above Grade Fin SQFT 5236 Basement Outside EntranceOther Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Heat Pump(S) Heating YN Yes Levels 2 Main Level Bedrooms 5 Upper Level1 Bedrooms 4

    Property Features

    Acceptable Financing CashOther Accessibility Features None Assessment Year 2020 Association YN No Building Name None Available Central Air YN Yes Condo YN No Cooling Fuel Electric Electric Circuit Breakers Heating Fuel Electric Incorporated City Name Ocean City Lease Considered YN No Navigable Water YN Y New Construction YN No Original MLSNumber 304077560594 Ownership Interest Fee Simple Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 27357.55 Tax Assessment Amount 1627033.00 Tax Lot 3 Vacation Rental YN Yes Water Source Public Zoning R-3 Zoning Description Commercial

    Listing courtesy of Coastal Life Realty Group.


    ©2020 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 The Allison Stine Team with Northrop Realty a Long and Foster Company. 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: 2020-05-30T06:51:41.1.
     
    The Allison Stine Team with Northrop Realty a Long and Foster Company
    37077 Coastal Highway
    Fenwick Island DE, 19944