508 Edgewater Avenue Ocean City, MD 21842
10 bed / 3,294 Sq. Ft. / 4,792 Sq. Ft., 0.11 acres lot size / Triplex
Status: Sold
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508 Edgewater Avenue, Ocean City, MD. Unique Investment Property. 3 Apartments, 6 bedrooms, 4 baths. Welcome to an extremely desirable vacation rental/investment property in downtown Ocean City. This charming property has 3 apartments, a fantastic downtown Ocean City location, in a tranquil bayside neighborhood less than 100 feet from the bay. The property has a long history of short-term and long-term rental revenue. It has no HOA. Apartment #1, 1 st floor, is approximately 550 sq ft. It sleeps 4 and features 1 bedroom, 1 full bath, full kitchen, washer/dryer, and a spacious living area with picture window. Apartment #2, 1 st floor, is approximately 1,000 sq ft. It sleeps 6 and features 2 bedrooms, 1 full bath, full kitchen, washer/dryer, and a large, covered porch. Apartment #3, 2 nd floor, is approximately 1,700 sq ft. It sleeps additional persons due the oversized bedrooms and features 3 bedrooms, 2 full baths, full kitchen, separate washer/dryer, a very large living area, and a very large wrap-around sun deck. Step inside any of the 3 apartments and experience Ocean City charm. The spacious living areas in each apartment boast a stylish and comfortable atmosphere, feature practical seating, and beachy d cor. Each fully equipped kitchen offers modern appliances and ample counter space for preparing meals. Parking is available for 4 cars. A public paid parking lot is close by. This exceptional property is a short distance to entertainment, pubs, shopping, beach, fabulous boardwalk, amusements, rides, and food. Located between 3rd and 4th streets (2 blocks away), the Ocean City Downtown Recreation Complex offers a lighted multipurpose ballfield, and a small ballfield appropriate for youth softball games, as well as a playground area. The complex also has basketball hoops and two hard tennis courts. The Ocean Bowl Skate Park is adjacent to the complex. Sold fully furnished.
property details
Type
Triplex
Status
Closed
County
WORCESTER
Year Built
1960
Sq. Ft.
3,294
Lot Size
4,792 Sq. Ft., 0.1 acres
Listing Id
MDWO2015792
Courtesy Of
Mechelle Nichols - Berkshire Hathaway HomeServices PenFed Realty +1 410 430 1575
List Office Phone
+1 (410) 524-7000
Interior Features
Beds
10
Living Area Units
Sq. Ft.
Flooring
Hardwood
Ceramic Tile
Laminate
Carpet
Wood
Bamboo
Ceramic Tile
Laminate
Carpet
Wood
Bamboo
Appliances
Double Oven
Oven
Cooktop
Washer
Dryer
Dishwasher
Disposal
Microwave
Refrigerator
Washer/Dryer Stacked
Water Heater
Oven
Cooktop
Washer
Dryer
Dishwasher
Disposal
Microwave
Refrigerator
Washer/Dryer Stacked
Water Heater
Exterior Features
Parking
Concrete
Off Street
On Street
Off Street
On Street
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Forced Air
Forced Air
Building Area Total
3,294 Sq. Ft.
Architectural Style
2 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
11/30/2023
11/30/2023
|
Sold |
$940,000
|
Bright MLS (MDBMLS-R) |
|
08/29/2023
08/29/2023
|
Contingent |
$925,000
|
Bright MLS (MDBMLS-R) |
|
08/16/2023
08/16/2023
|
Active |
$925,000
|
Bright MLS (MDBMLS-R) |
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Market Trends
Source: Constellation1
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