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.
Sold
$530,000
111 Somerset St #2-B-1, Ocean City, MD 21842
3beds
1,198sqft
Townhouse
Built in 2000
-- sqft lot
$524,700 Zestimate®
$442/sqft
$333/mo HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: October 23, 2024 at 05:00am
Listed by:
Joyce Melbourne Husman 410-490-0948,
Berkshire Hathaway HomeServices PenFed Realty - OP
Bought with:
Kevin Hammersmith
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: MDWO2020874

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Heat Pump, Central, Electric
Cooling
- Central Air, Heat Pump, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Down Draft, Dryer, Freezer, Exhaust Fan, Ice Maker, Refrigerator, Cooktop, Washer, Water Heater, Electric Water Heater
- Laundry: Main Level
Features
- Dry Wall
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,198
- Total interior livable area: 1,198 sqft
- Finished area above ground: 1,198
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Covered, Assigned, Paved, Private, Under Home Parking, Garage
- Garage spaces: 2
- Details: Assigned Parking
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting, Rain Gutters, Sidewalks, Extensive Hardscape, Outdoor Shower
- Pool features: None
- Waterfront features: Oceanside
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410410053
- 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: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available, Electricity Available, Broadband, Cable
Community & neighborhood
Location
- Region: Ocean City
- Subdivision: None Available
- Municipality: Ocean City
HOA & financial
HOA
- Has HOA: No
- Amenities included: Other
- Services included: All Ground Fee, Common Area Maintenance, Maintenance Structure, Insurance, 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: Conventional,Cash
- Ownership: Condominium
Services availability

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$524,700
2% more+ $10,494
With Showcase(estimated)
$535,194