For Sale

5908 COASTAL HWY, OCEAN CITY, MD 21842

5908 COASTAL HWY, OCEAN CITY, MD 21842
  • $3,800,000.00
  • $1,879.33

Overview

Property ID: HZ682103
  • Multi-Family
  • Property Type
  • 12.00
  • Garages
  • 2007
  • Year Built

Description

An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you’re an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.

  • Address 5908 COASTAL HWY
  • City OCEAN CITY
  • State/county MD
  • Zip/Postal Code 21842
  • Country United States

Details

Updated on April 6, 2024 at 2:24 pm
  • Property ID: HZ682103
  • Price: $3,800,000.00
  • Land Area: 0.00 Acres
  • Garages: 12.00
  • Year Built: 2007
  • Property Type: Multi-Family
  • Property Status: For Sale
  • Living Area: 2022
  • MLS#: MDWO2017716
  • Office Name: REDFIN CORP
  • Agent Name: Berna Kimber
  • MLS Status: Active
  • Living Area Prefix: Sqft

Additional details

  • Sewer: Public Sewer
  • Cooling: Central A/C
  • Heating: Central
  • Tax Annual: 6982.00
  • Tax Year: 2023
  • County: WORCESTER
  • Property SubType: Other
  • New Construction: N
  • Garage: Other
  • Water Source: Public
  • Accessibility: None
  • Outdoor Living Structures: Deck(s)

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