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  • $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

    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.

    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#: MDWO2020874MLS Logo

    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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    Sell for more than others on Zillow

    Get a complimentary Zillow Showcase℠ listing and you could sell for .

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