$569,900
13444 Madison Ave, Ocean City, MD, 21842
3
Beds
2
Baths
2,000
Square feet
0.11
Acres
Opportunity knocks! The home is in need of some work as you will see upon entering, but it has potential for many things. Situated on an oversized corner lot with water views from three sides, this property offers room to add 2+ levels, as zoning laws allow building up to 45 feet. Zoned R-3 for multi-family and residential. Approved variances are in hand, including a variance for a second and third floor cantilever, making expansion plans even more attainable. Variance for an auxiliary dwelling unit (ADU) also in hand. If necessary, the current owner is open to a joint venture to see the project through to the finish line. Ideal for an investor looking to make a profit or someone looking to build a primary residence, a vacation getaway, an investment opportunity—or all of the above!
Listing Details
| Office | RE/MAX Realty Centre, Inc. |
|---|
Facts & Features
| MLS® # | MDWO2009464 |
|---|---|
| Price | $569,900 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,000 |
| Acres | 0.11 |
| Year Built | 1958 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 13444 Madison Ave |
|---|---|
| Area | Bayside Interior (83) |
| Subdivision | GLENN ACRES |
| City | Ocean City |
| County | WORCESTER-MD |
| State | MD |
| Zip Code | 21842 |
| Senior Community | No |
Amenities
| View | Bay, Canal, Water |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| # of Stories | 2 |
| Stories | 2 Story |
Exterior
| Exterior | Brick and Siding, Vinyl Siding |
|---|---|
| Lot Description | Corner Lot |
| Foundation | Crawl Space |
| Other Structures | Shed |
School Information
| District | WORCESTER COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | August 2nd, 2022 |
|---|---|
| Days on Market | 1182 |
| Zoning | R-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |