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111 Somerset Street #2 B 1,  Ocean City MD, 21842

(Active)
$549,000
|
3 beds, 2 Full baths, 1,198 sqft
|
MLS# MDWO2020874
Last Updated: 6/1/2024 2:14 AM
Description for 111 Somerset Street #2 B 1 Ocean City, MD 21842
Great downtown location. 1 block to bay, 2 blocks to Ocean. Walk to boardwalk, amusements, inlet, beach, bay water sports, restaurants, pubs, shops, festivals and more. This large 2 bedroom 2 bath townhouse was built in 2002 and has been upgraded throughout. The building has balconies, under building assigned parking for two autos, roof approximately 4 years old, and is meticulously maintained. This is a small self- managed condominium with only 6 total townhouses. This unit would be great for investors with strong rental income. 2022 gross income $36,707, 2023 gross income $35,380 and YTD bookings for 2024 $34,395. 2024 bookings must be honored. This would also make a great family property for personal use. Owners may have pets, tenants may not. Beautiful Smartcore vinyl wood plank flooring.
Price
$549,000
NONE AVAILABLE
WORCESTER
3
2 Full
1,198 (approx)
MDWO2020874
Active
Description
Great downtown location. 1 block to bay, 2 blocks to Ocean. Walk to boardwalk, amusements, inlet, beach, bay water sports, restaurants, pubs, shops, festivals and more. This large 2 bedroom 2 bath townhouse was built in 2002 and has been upgraded throughout. The building has balconies, under building assigned parking for two autos, roof approximately 4 years old, and is meticulously maintained. This is a small self- managed condominium with only 6 total townhouses. This unit would be great for investors with strong rental income. 2022 gross income $36,707, 2023 gross income $35,380 and YTD bookings for 2024 $34,395. 2024 bookings must be honored. This would also make a great family property for personal use. Owners may have pets, tenants may not. Beautiful Smartcore vinyl wood plank flooring.
Listing Information
Property Type: Condo, Townhouse, Traditional, 2 Story, Townhouse
3 2 Full
1,198 (approx) 2000 Yes-2 spaces
2 Frame,Vinyl siding
NONE AVAILABLE
Public
Public Sewer
Cable Available
Neighborhood
School Information
District: WORCESTER COUNTY PUBLIC SCHOOLS
Room Information
Bathrooms
2
Main Level
Interior Features
1,198 Sq. Ft. Above Ground
Cooktop, Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Microwave, Washer, Electric Water Heater
Central Air
Electric Heating, Heat Pump, Forced Air, Central
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces,
Vinyl, Frame
Asphalt
0.00 x 0.00
Driving Directions
Cross Rt 50 bridge into OC turn right on Philadelphia turn left on Somerset to condo on right
Financial Considerations
2410410053
$3,158
Listing Price History

Ocean City Real Estate

Ocean City is located in Maryland. Ocean City, Maryland 21842 has a population of 2,933.

The median household income in Ocean City, Maryland 21842 is $59,376. The median household income for the surrounding county is $65,981 compared to the national median of $66,222. The median age of people living in Ocean City 21842 is 49 years.

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Courtesy: Berkshire Hathaway HomeServices PenFed Realty - OP
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 6/1/2024 2:14 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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