Make the numbers work on this Multi-Family investment opportunity in downtown Ocean City. 4-units, sleeps 22 people in accordance with Ocean City Fire and Building code. Current seasonal rent roll at $1700 per person, totaling seasonal GRI of $37,400. Unit A- $400 per month off-season rent, Units B-D $500 per month, $1900 total rent per month x 7 months = $13,300 in off-season income. Total GRI = $50,700.
Off market
Price Unknown
107 Saint Louis Ave, Ocean City, MD 21842
--beds
0baths
--sqft
Apartment
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA