7004 Coastal Hwy
OCEAN CITY, MD 21842
$489,900
Share with a friend
Description
Building has 4 One Bedroom Apartments and 1 Two Bedroom Apartment. Siding, windows and stoves replaced Spring of 2017. Only the One Bedroom Apartments are rented for a Gross Rental Income of $23,000.00 for the Summer Season. The owners use the 2 Bedroom Apartment. If the two bedroom were rented it would add $7,000.00 to the GRI. The walls and ceilings are Knotty Pine for easy maintenance. See Photos. Located on the ocean block side of Coastal Highway. Plenty of parking in front and back of the building.
Details
| MLS# | 1009939662 |
|---|---|
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 208 |
Features
| SQ Feet | 2,140 |
|---|---|
| Story(s) | 0 |
| Units | 5 |
| Zoning | R-3 |
Request a showing
Request a showing
Loading Form
Area Information | |
|---|---|
| State | MD |
| City | OCEAN CITY |
| Zip Code | 21842 |
| Area | Ocean Block (82) |
| Listing VS Median (in 21842) | |
Price: $489,900 low | high Med: $334,950 SqFt: 2,140 low | high Med: 2,665 $ / SqFt: $229 low | high Med: $126 On Site: 208 low | high Med: 208 | |
Listing Updated: 06/16/2019
MLS Number: 1009939662Listing Provided By:
William Nielander of Long Foster - OC