$4,900,000

6,8 &12 43rd St, Ocean City, MD, 21842

10,378

Square feet

Unbelievably unique opportunity to own multiple properties on the Ocean Block of 43rd Street. Already a great investment property for both year round tenants and summer rentals, these properties have been updated and very well maintained. Included in this sale is 6 & 8 & 12 43rd Street - 6 43rd is a 4 unit building, all 2 bedroom/1 full bathroom, that sits on a double lot that has the potential to have another 4 unit structure built (please confirm with the zoning department). This building has amazing ocean views from the top two units (2E, 2W). New roof in 2019. Each unit has a full kitchen, dining area for each unit, an outdoor shower. Top two units have washers and dryers. First floor units were updated in 2020 with new kitchens, tankless hot water heaters, new hvac in 2018 and 2019 etc. Access to the laundry room under the cottage availabe to these units as well. 2E was recently updated with flooring, appliances, and over sized windows to enjoy the views! This building has been condominiumized. 8 43rd street, consisting of a large coastal 2 bedroom 2 bath home w/ attached garage, 2 bedroom 1 bath apartment, two 2 bedroom/1 bath cottages WITH parking . The beach is just steps away and the upper levels have peeks of the ocean! Attached garage and work shop. Check out the views from the large second floor wrap deck. Two large bedrooms, with an updated master bath and hall bath with tub/shower. Unique utility/laundry room just adds to the appeal. New roof in 2020 and new hvac in 2019. Under the main home, is the two bedroom apartment, one bath, washer and dryer, and full kitchen. Two lovely seasonal cottages are situated behind the main house, each having two bedrooms, 1 bathroom, full kitchen, dining area, large deck and outdoor shower. Updates here include flooring, kitchen, appliances, hvac, and roof. There is a Laundry located under the cottages for guests. 12 43rd Street - Rounding out this listing, this building has four - 2 bed/1 bath units, two 1 bed/1 bath units and one efficiency - Large lot around the back of the building for off street parking and paid laundry facilities on site. Units have been updated and well maintained. Included in this sale are properties with Worcester County Tax IDs (10-361222,10-361230,10-361249,10-361257,10-067170,10-066395)

Facts & Features

MLS® # MDWO2004328
Price $4,900,000
Bathrooms 0.00
Square Footage 10,378
Acres 0.00
Year Built 1960
Type Commercial Sale
Sub-Type Condo, Five Or More Units
Status Active

Community Information

Address 6,8 &12 43rd St
Area Ocean Block (82)
City Ocean City
County WORCESTER-MD
State MD
Municipality OCEAN CITY
Zip Code 21842

Amenities

Is Waterfront No

Interior

Heating Heat Pump(s)
Cooling Central A/C
Has Basement No
Fireplace No

Exterior

Exterior Brick and Siding, Alum/Steel Siding, Frame

School Information

District WORCESTER COUNTY PUBLIC SCHOOLS
Elementary OCEAN CITY
Middle STEPHEN DECATUR
High STEPHEN DECATUR

Additional Information

Date Listed December 30th, 2021
Days on Market 139
Zoning R-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCoastal Life Realty Group

Listing Map

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