111 Somerset Street Unit 2 B 1 Ocean City, MD 21842
Great downtown location. 1 block to bay, 2 blocks to Ocean. Walk to boardwalk, amusements, inlet, beach, bay water sports, restaurants, pubs, shops, festivals and more. This large 3 bedroom 2 bath townhouse was built in 2002 and has been upgraded throughout. The building has balconies, under building assigned parking for two autos, roof approximately 4 years old, and is meticulously maintained. This is a small self- managed condominium with only 6 total townhouses. This unit would be great for investors with strong rental income. 2022 gross income $36,707, 2023 gross income $35,380 and YTD bookings for 2024 $34,395. 2024 bookings must be honored. This would also make a great family property for personal use. Owners may have pets, tenants may not. Beautiful Smartcore vinyl wood plank flooring.
property details
Interior Features
Dishwasher
Disposal
Freezer
Exhaust Fan
Ice Maker
Microwave
Refrigerator
Washer
Water Heater
Exterior Features
Private
Paved
Underground
Garage
Covered
Utility & Building Info
Heat Pump
Forced Air
Central
2 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
10/23/2024
10/23/2024
|
Sold |
$530,000
|
Bright MLS (MDBMLS-R) |
|
09/09/2024
09/09/2024
|
Contingent |
$549,000
|
Bright MLS (MDBMLS-R) |
|
05/11/2024
05/11/2024
|
Active |
$549,000
|
Bright MLS (MDBMLS-R) |
Market Trends
Source: Constellation1
Mortgage Calculator
- Principal {{ parseInt(priciplePayment).formatThousands(0) }}
- Interest {{ parseInt(interestPayment).formatThousands(0) }}