109 Somerset Street Unit 5 B 2 Ocean City, MD 21842
Very large townhouse with 2 bedroom 2.5 baths in desirable downtown location. Walk to beach, boardwalk, amusements, inlet, bayside water sports, festivals, restaurants, pubs, shops and more. Just 2 blocks to boardwalk and 1 block to bay, you will not need to move your car once you arrive. There is under unit 2 car assigned parking, outside shower and outside storage unit. This is a small 6 unit condominium which is self managed. Unit has newly installed Smartcore vinyl plank engineered wood flooring on the 1st floor. All furnishings convey. This could be a turnkey rental property with strong rental history. 2022 $41,191 gross income, 2023 $35,357 gross income and YTD bookings 2024 $27,417. 2024 rentals must be honored. Roof is approximately 4 years old and building exterior is very well maintained.
property details
Interior Features
Electric Oven
Cooktop
Dishwasher
Disposal
Exhaust Fan
Ice Maker
Refrigerator
Washer
Exterior Features
Utility & Building Info
Forced Air
Price History
| date | event | price | source |
|---|---|---|---|
|
07/01/2024
07/01/2024
|
Sold |
$545,000
|
Bright MLS (MDBMLS-R) |
|
06/18/2024
06/18/2024
|
Pending |
$549,000
|
Bright MLS (MDBMLS-R) |
|
05/19/2024
05/19/2024
|
Contingent |
$549,000
|
Bright MLS (MDBMLS-R) |
|
05/11/2024
05/11/2024
|
Active |
$549,000
|
Bright MLS (MDBMLS-R) |
Market Trends
Source: Constellation1
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