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111 Somerset Street , 2 B 1

OCEAN CITY, MD 21842
  • $549,000
  • STATUS: Active Under Contract
  • ON SITE: 152 Days
  • ID#: MDWO2020874
Under Contract
UPDATED: 54 min ago
$549,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,198
    SQFT
  • $458
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2000
County:

School Ratings & Info

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 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.

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©2024 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 Rhonda Frick Team | Long & Foster Real Estate. 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: 2024-10-11T06:58:46.197.
www.rhondafrick.com/homes/150447841
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111 Somerset Street , 2 B 1 OCEAN CITY, MD 21842

  • Price: $549,000
  • Status: Active Under Contract
  • On Site: 152 Days
  • Updated: 54 min ago
  • ID#: MDWO2020874
3
Beds
2
Baths
0
½ Baths
N/A
Acres
1,198
SQFT
$458
$/SQFT
2000
Built
Neighborhood:
None Available
County:
Worcester
Area:
Bayside Interior (83)
School District:
Worcester County Public Schools
Property 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 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.
Exterior Features

Architectural Style Traditional Assigned Parking Spaces 2 Construction Materials FrameMasonryVinyl Siding Exterior Features Exterior LightingGutter SystemSidewalksExtensive HardscapeOutside Shower Garage Spaces 2.00 Garage Type Covered Parking Garage YN Yes Location Type Oceanside Parking Features AssignedPaved ParkingPrivateUnder Home Parking Parking Types Parking Garage Pool No Pool Property Condition Very Good Roof Asphalt Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1198 Appliances Built-In MicrowaveDishwasherDisposalCooktop - Down DraftDryer - ElectricFreezerExhaust FanIcemakerMicrowaveRefrigeratorStoveWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CHeat Pump(s) Fireplace YN No Furnished Yes Heating Forced AirHeat Pump(s)Central Heating YN Yes Inclusions All furnishings included Laundry Type Main Floor Levels 2 Main Level Bedrooms 3 Unit Floors 2 Walls Ceilings Dry Wall

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Association Amenities Other Association Fee Includes All Ground FeeCommon Area MaintenanceExt Bldg MaintInsuranceReserve Funds Association Fee2 1000.00 Association Fee2 Frequency Quarterly Association YN No Central Air YN Yes Condo YN Yes Cooling Fuel Electric Entry Level 1 Federal Flood Zone YN Yes Foundation Details Pilings Heating Fuel Electric Horse YN No Hot Water Electric Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 803059599634 Ownership Interest Condominium Pets Allowed YN No Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 3158.00 Tax Lot 2 Utilities Cable TV AvailablePhone AvailableElectric Available Vacation Rental YN No Water Source Public Zoning C-1

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP: .


©2024 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 Rhonda Frick Team | Long & Foster Real Estate. 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: 2024-10-11T06:58:46.197.
 
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