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$549,000

Beds
3
Baths
2.0
sq ft
1,198

111 Somerset St Unit 2, Ocean City, MD 21842

111 Somerset St Unit 2

OCEAN CITY, MD 21842

  • Pending
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.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$459

Year built

2000

Annual property taxes

$3,158

HOA

No

Price History

09/10/2024
Bright

Bright #MDWO2020874

Pending
$549,000
05/11/2024
Bright

Bright #MDWO2020874

Listed
$549,000

Schools & Community

Neighborhood: 

Boardwalk/Inlet

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Status: Pending/Under Contract

Tomo last checked: 09/28/2024 at 8:40 PM

Listing updated: 09/20/2024 at 2:16 PM

Listed by: Joyce A Melbourne Husman, Berkshire Hathaway HomeServices PenFed Realty - OP Phone #: (410) 208-3500

MLS: Bright #MDWO2020874

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