12304 Coastal Hwy, Ocean City, MD, 21842

12304 Coastal Hwy, Ocean City, MD, 21842 < >
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for sale
$1,499,950
Bedrooms:8
Bathrooms:4
Square Feet:2912
Lot Size:0.23 Acres
Year Built:1960
Status:Active Under Contract
MLS #:MDWO2011202
Date Updated:
For information contact:
Shantée Haynes
202-355-5544
Get More Information
Go See This Home
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
Interior Details
Above Grade Fin SQFT: 2912Architectural Style: Coastal
Bathrooms Full: 4Below Grade Fin SQFT: 0
Below Grade Finished Area Units: Square FeetFloors In Unit Count: 1
Levels Count: 2

Exterior Details
View: City, OceanWater Access YN: N
Waterfront YN: NWater Oriented YN: N
Navigable Water YN: NLot Size Acres: 0.23
Lot SQFT: 10000.00

Community Information
HOA YN: NSenior Community YN: N
Zoning: R-3AMLS Area: Ocean Block (82)
Location Type: Middle Of BlockCounty: WORCESTER
Municipality: Ocean CitySubdivision Name: NONE AVAILABLE

School Details
School District Name: WORCESTER COUNTY PUBLIC SCHOOLSHigh School: STEPHEN DECATUR

Property Information From MLS Data
Accessibility Features: 2+ Access ExitsBuilding Level Count: 2
Story List: Main, Upper 1Virtual Tour: Click here
Year Built: 1960New Construction YN: N
DOM: 268

Financial Information
Tax Annual Amount: 10529.0Tax Year: 2023
Sale Type: Standard

Utilities
Sewer Septic: Public SewerWater Source: Public
Cooling Type: NoneCooling Fuel: None
Electric Service: OtherHeating Type: None
Heating Fuel: ElectricHot Water: Electric

Listing Information Courtesy of:
List Office Name: Coldwell Banker Realty
List Office Phone: 4438562211
List Agent Full Name: Shawn Kotwica

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Listing courtesy of Shawn Kotwica, Coldwell Banker Realty

Information obtained from Bright MLS is current as of 9/27/2023 1:05 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information 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.
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