$549,000
111 Somerset St #2 B 1, Ocean City, MD, 21842
3
Beds
2
Baths
1,198
Square feet
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 3 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.
Facts & Features
MLS® # | MDWO2020874 |
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Price | $549,000 |
Bedrooms | 3 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 1,198 |
Acres | 0.00 |
Year Built | 2000 |
Type | Residential |
Sub-Type | Condo, Interior Row/Townhouse |
Style | Traditional |
Status | Active |
Community Information
Address | 111 Somerset St #2 B 1 |
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Area | Bayside Interior (83) |
Subdivision | NONE AVAILABLE |
City | Ocean City |
County | WORCESTER-MD |
State | MD |
Municipality | Ocean City |
Zip Code | 21842 |
Senior Community | No |
Amenities
Utilities | Cable TV Available, Phone Available, Electric Available |
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Parking Spaces | 2 |
Parking | Assigned, Paved Parking, Private, Under Home Parking |
# of Garages | 2 |
Garages | Covered Parking |
Is Waterfront | No |
Interior
Appliances | Built-In Microwave, Dishwasher, Disposal, Cooktop-Down Draft, Dryer - Electric, Freezer, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove, Washer, Water Heater |
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Heating | Forced Air, Heat Pump(s), Central |
Cooling | Central A/C, Heat Pump(s) |
Has Basement | No |
Fireplace | No |
# of Stories | 2 |
Stories | 2 Story |
Exterior
Exterior | Frame, Vinyl Siding |
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Exterior Features | Exterior Lighting, Gutter System, Sidewalks, Extensive Hardscape, Outside Shower |
Roof | Asphalt |
Foundation | Pilings |
School Information
District | WORCESTER COUNTY PUBLIC SCHOOLS |
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Additional Information
Date Listed | May 11th, 2024 |
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Days on Market | 58 |
Zoning | C-1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Berkshire Hathaway HomeServices PenFed Realty - OP |
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Contact Info | (410) 208-3500 |