Description
PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY LOCATED IN ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! RARE FIND!!!! This south facing, very spacious Penthouse is in absolute pristine condition and offers expansive views of the ocean, Ocean City Inlet, ferris wheel, amusement park, Assateague Island, and open bay. 70 ft +/- water front balcony can be accessed from the living area and all 3 bedrooms. Spa like primary bathroom, his and hers closets in primary bedroom, custom built-in home office area, vaulted ceilings, wet bar in main living area, 2 natural gas fireplaces (gas paid for by the condo association) gourmet kitchen with s/s appliances and granite countertops.+-This unit has never been rented, it's only been used occasionally by family members. Estimated annual rental income capability is $95K - $110K. Rental comps for a like unit available upon request. Building amenities include - outdoor southern exposed community pool, exercise room, sauna, putting green, picnic area, owners meeting room, outdoor shower, secure owner storage area, two side-by-side assigned parking spaces (located on level 3 on the north side of the parking garage), secure building , secure parking garage, year round on-site security. Very well managed condo association. This units has it all!!!
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3BEDS
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N/AACRES
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3BATHS
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11/2 BATHS
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1,892SQFT
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$737$/SQFT
School Information
Description
PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY LOCATED IN ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! RARE FIND!!!! This south facing, very spacious Penthouse is in absolute pristine condition and offers expansive views of the ocean, Ocean City Inlet, ferris wheel, amusement park, Assateague Island, and open bay. 70 ft +/- water front balcony can be accessed from the living area and all 3 bedrooms. Spa like primary bathroom, his and hers closets in primary bedroom, custom built-in home office area, vaulted ceilings, wet bar in main living area, 2 natural gas fireplaces (gas paid for by the condo association) gourmet kitchen with s/s appliances and granite countertops.+-This unit has never been rented, it's only been used occasionally by family members. Estimated annual rental income capability is $95K - $110K. Rental comps for a like unit available upon request. Building amenities include - outdoor southern exposed community pool, exercise room, sauna, putting green, picnic area, owners meeting room, outdoor shower, secure owner storage area, two side-by-side assigned parking spaces (located on level 3 on the north side of the parking garage), secure building , secure parking garage, year round on-site security. Very well managed condo association. This units has it all!!!
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