12304 Coastal Highway Ocean City, MD 21842
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Shawn Kotwica

  12304 Coastal Highway Ocean City, MD 21842

Pending (283 Days)
$1,250,000

Description

This 4 unit building and additional lot are ready to go with everything being completely remodeled down to the studs and the electric all the way from the pole. New roof, siding, windows and doors were placed on the outside and the stairs were rebuilt to accommodate additional storage for each unit. Three head split units keep the temperature at your demand and a surrounding fence and storage unit makes the property very easy to manage. Continue to rent out this income producing property through 2023 as per the contract, but then use the unit at your leisure. Better yet, purchase the property as a primary residence, and let three additional units pay your mortgage. One day in the future, you can build an additional two units even with a garage underneath on the addition lot that is part of the sale. Possibilities are endless. Professional Photos to come

MLS #:
MDWO2011662
Taxes
$10,529(2022)
Lot Size
10,000 SQFT
Type
Multifamily
Year Built
1960
Style
Traditional, Side-by-Side, Mid-Century Modern
School District
Worcester County Public Schools
County
Worcester County

Listed By

Shawn Kotwica, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked May 10 2024 at 4:19 AM GMT+0000
Bathroom Details
Interior Features
  • Walls/Ceilings: Dry Wall
Subdivision
  • None Available
Property Features
  • Below Grade
  • Above Grade
  • Foundation: Crawl Space
Heating and Cooling
  • None
Flooring
  • Luxury Vinyl Plank
Exterior Features
  • Frame
  • Roof: Rubber
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electric
Living Area
  • 2,912 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 16, 2023
Price Changed
$1,250,000
-17%
-249,950
Sep 12, 2023
Price Changed
$1,499,950
0%
-49
Feb 15, 2023
Price Changed
$1,499,999
-3%
-50,001
Jan 01, 2023
Price Changed
$1,550,000
-3%
-40,000
Disclaimer: Copyright 2024 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 5/9/24 21:19