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Deals from TW Group | Rare Investment Opportunity in Ocean City

05/20/2020

Property Overview:

  • A block away from the beach.

  • To be sold absolute above the opening bid of $360,000. Presale offers will be considered.

  • Conveniently located Downtown between Second and Third Avenues.

  • 3 Bedrooms, 3.5 Bathrooms, 3 Levels and a 2-Car Garage. Seller just freshly painted all the walls.

  • If the new buyer is purchasing the property for rental income: the seller has scheduled rental dates starting from the end of May to the end of September; with potential net rental income of $20,000+. The rental income total for the O.C. 2020 season will depend on when the risk of secondary transmission of Covid-19 to others is thought to be low, and the Governor of MD ends the stay at home order.

  • $275/month condo fee which includes insuring the exterior building structure and flooding. The fee also includes the yearly inspection for the interior sprinkler system.

  • Call 240.812.9488 to get more details today.

Property Details: 

  • The first level includes: Den with a queen-size pull-out sofa, a full bathroom, oversized closet, and a linen closet.

  • The second Level includes: Kitchen, powder room, dining room, and living room. There is a queen sleeper sofa in the living room.

  • The third level includes: a master suite with queen size bed, 2nd bedroom with two single beds, a third bedroom with two single beds, and another guest bathroom.

  • Finishes include: Imported marbles granite, Medallion foyer, quality mill-work, gourmet kitchen, luxurious master suite, fireplace, double crown molding, wood type floors, two A/C units, brick-paved courtyard, private balcony on each level, fabulous views of the bay, custom-made window treatments, whirlpool in the master bathroom, custom marble granite shower, outside shower & more.

  • Call 240.812.9488 to get more details today.