$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 #MDWO2020874
Pending
$549,000
05/11/2024
Bright #MDWO2020874
Listed
$549,000
Schools & Community
Neighborhood:
Boardwalk/Inlet
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
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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