12 61ST Street , 1-10

Ocean City, MD 21842
  • $2,500,000
  • STATUS: Active
  • ON SITE: 502 days
  • ID#: WO9565479
UPDATED: 20 min ago
$2,500,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,160
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1986
County:
Area:

School Ratings & Info

Description

10 Condos on Ocean Block * Midtown location * Units 1-6 = 756 sq ft, 3 BR 1.5 Baths w/open decks & views of ocean. Units 7-10 = 1156 sq ft, 3 BR 2 Baths with private decks * 1 Car Parking/unit under Building * Outside Shower * Updated Kitchens & Baths * Central A/C & Heat in each condo * Condo docs on file Excellent Rental Income * Rented Yearly currently* Value is in renting week to week summer



The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-06-22T20:17:19.087.

LoCoMusings: 571-233-5495
www.locomusings.com/homes/59560555

12 61ST Street , 1-10 Ocean City, MD 21842

  • Price: $2,500,000
  • Status: Active
  • Updated: 20 min ago
  • ID#: WO9565479
0
Beds
0
Baths
0
½ Baths
0.14
Acres
9,160
SQFT
$273
$/SQFT
1986
Built
Neighborhood:
Starship
County:
Worcester
Area:
Worcester
Property Description
10 Condos on Ocean Block * Midtown location * Units 1-6 = 756 sq ft, 3 BR 1.5 Baths w/open decks & views of ocean. Units 7-10 = 1156 sq ft, 3 BR 2 Baths with private decks * 1 Car Parking/unit under Building * Outside Shower * Updated Kitchens & Baths * Central A/C & Heat in each condo * Condo docs on file Excellent Rental Income * Rented Yearly currently* Value is in renting week to week summer
Exterior Features

Garage Spaces 10 Location Free Standing Parking Covered ParkingGen Comm ElemPrivate 1-10 Spaces Roads City/County Waterfront No

Interior Features

Cooling Heat Pump(S) Cooling Fuel Electric Entry Level Floors 2-5 Heating Forced Air Heating Fuel Electric Hot Water Electric Net Sq Ft 9160.0

Property Features

Assessment Year 2013 Auction No City Town Tax 11298.0 City Town Tax Payment Freq Annually Comm Industrial Type Other Cross Street 61 Disclosures Prop DisclosureLead Based Paint - Federal Documents Leases Election District 10 Expenses 0.0 For Sale Yes Foreclosure No Gross Income 118800.0 HOA No Improvement Assessment Amount 751000.0 Improvement Assessment Payment Freq Annually Incorporated City 10000017144 Information Source Owner Provided Investment Yes Land Assessment Amount 751000.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Active Metering Fully Separate Monthly Gross Rent 1050.0 New Construction No Occupied Yes Owner Pays Property InsuranceRepairs And MaintenanceTaxes-Real Estate Ownership Fee Simple Parking Included In List Price Yes Pass Thru No Possession Settlement Present Licenses Other Property Status Existing Rental Year 2013 Sewer Septic Public Sewer Short Sale No Tax Legal Subdivision Starship Cm Ph 1 Tax Year 2012 Tenancy 2 Year Lease(S) Total Assessment 1502000.0 Total Assessment Payment Freq Annually Total Taxes 11298.0 Total Taxes Payment Freq Annually Transportation Public Bus Service Vacancy Factor 0.0 Vacation Home No Water Public Zoning Code R-3

Listing courtesy of Grace Masten of Sea Grace Of North Beach, Realtors.


The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-06-22T20:17:19.087.

LoCoMusings: 571-233-5495
LoCoMusings
540 Fort Evans Road Suite 303
Leesburg VA, 20176