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  • $545,000

    109 Somerset St #5-B-2, Ocean City, MD 21842

    3beds
    1,360sqft
    Townhouse
    Built in 2002
    -- sqft lot
    $563,300 Zestimate®
    $401/sqft
    $333/mo HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2024 at 09:01am

    Listed by:

    Joyce Melbourne Husman 410-490-0948,

    Berkshire Hathaway HomeServices PenFed Realty - OP

    Bought with:

    Michael Dodson, RS-0036853

    Sheppard Realty Inc

    Source: Bright MLS,MLS#: MDWO2020890MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Oven/Range - Electric, Refrigerator, Cooktop, Washer, Electric Water Heater
    • Laundry: Main Level
    Features
    • Ceiling Fan(s), Dry Wall
    • Flooring: Engineered Wood, Carpet
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Electric
    Interior area
    • Total structure area: 1,360
    • Total interior livable area: 1,360 sqft
    • Finished area above ground: 1,360
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Paved, Private, Under Home Parking, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Lighting, Extensive Hardscape, Rain Gutters, Outdoor Shower, Storage
    • Pool features: None
    • Waterfront features: Oceanside
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410410118
    • Zoning: C-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Frame, Masonry, Vinyl Siding
    • Foundation: Pilings
    • Roof: Asphalt
    Condition
    • Very Good
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Available, Phone Available

    Community & neighborhood

    Location
    • Region: Ocean City
    • Subdivision: None Available
    • Municipality: Ocean City

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: Storage, Reserved/Assigned Parking, Storage Bin
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Maintenance Grounds, Reserve Funds
    • Association name: Nowalk To The Boardwalk
    Other fees
    • Condo and coop fee: $1,000 quarterly

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

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    $563,300
    2% more+ $11,266
    With Zillow Showcase(estimated)
    $574,566