EXCELLENT PRICE! Annual gross rent collected is between $15,000-$18,000. There are many variables that affect rent collection year-in and year out and this unit could maximize rental income between $18-$22k realistically. Parrot Bay is like being in Margaritaville! "With a shaker of salt". This nearly 500 sf one bedroom one bath 2nd floor condo has a shared balcony overlooking the pool. Excellent, fun downtown location so...walk everywhere! Ceramic tile floors through out. Being sold furnished.
Off market
$193,500
406 Saint Louis Ave #E-20, Ocean City, MD 21842
1beds
484sqft
Condo
Built in 1940
-- sqft lot
$193,500 Zestimate®
$400/sqft
$1,187 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Electric
Appliances
- Included: Microwave, Range / Oven, Refrigerator
Interior area
- Total interior livable area: 484 sqft
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: 36"+ wide Halls
Features
- Pool features: In Ground, Community
Details
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Ocean City
- Municipality: Ocean City
Other
Other facts
- Appliances: Refrigerator, Microwave, Oven/Range - Electric
- HeatingYN: true
- CoolingYN: true
- ArchitecturalStyle: Coastal
- ConstructionMaterials: Frame, Stick Built
- StoriesTotal: 1
- Cooling: Window Unit(s)
- SpecialListingConditions: Standard
- PoolFeatures: In Ground, Community
- BelowGradeFinishedArea: 0
- ParkingFeatures: Parking Lot
- Heating: Baseboard - Electric
- AccessibilityFeatures: 36"+ wide Halls
- StructureType: Unit/Flat/Apartment
- MlsStatus: Active
- BuildingName: Parrot Bay
- Municipality: Ocean City
- TaxAnnualAmount: 1072.0
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$193,500
2% more+$3,870
With Zillow Showcase(estimated)$197,370