Savvy Investor Wanted! When Only The Best Will Do... This Beach Side Townhouse offers the best of both worlds - Rental Potential is an investors dream, plus you get to go to the beach whenever you want! You have Beach and Bay Views from this home, Community Pool and a short walk to the Ocean. 4 bedrooms, 3-1/2 baths on 3 levels of living space. 2 car attached garage with plenty of storage. Rental income 12 weeks rented for 2019 was $38,658. Rental income has potential of $50k per year. Mid Town location with easy access to and from this home. Cross Walk and lighted intersection. For The Investor With Vision!
Off market
Street View
$364,500
5602 Coastal Hwy PENTHOUSE 4-1, Ocean City, MD 21842
4beds
1,875sqft
Condo
Built in 2004
-- sqft lot
$-- Zestimate®
$194/sqft
$100/mo HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Ceiling Fan(s), Kitchen Island, Window Treatments, Open Floorplan, Entry Level Bedroom, Breakfast Area, Primary Bath(s)
Interior area
- Total interior livable area: 1,875 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Other
- Pool features: Community
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 10426537
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
Condition
- Year built: 2004
Community & neighborhood
Location
- Region: Ocean City
- Municipality: Ocean City
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $100 monthly
Other financial information
- Total actual rent: 40000
Other
Other facts
- Appliances: Dishwasher, Refrigerator, Built-in Microwave, Dryer, Washer, Built-In Range
- InteriorFeatures: Ceiling Fan(s), Kitchen Island, Window Treatments, Open Floorplan, Entry Level Bedroom, Breakfast Area, Primary Bath(s)
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- CoolingYN: true
- ConstructionMaterials: Other
- StoriesTotal: 3
- SpecialListingConditions: Standard
- TotalActualRent: 40000.00
- CoveredSpaces: 2
- Cooling: Central Air
- PoolFeatures: Community
- ParkingFeatures: On Street, Attached Garage, Garage Door Opener, Garage Faces Rear, Inside Entrance
- BelowGradeFinishedArea: 0
- ArchitecturalStyle: Coastal
- Heating: 90% Forced Air
- StructureType: End of Row/Townhouse
- BuildingName: Tamarindo
- MlsStatus: Pending
- Municipality: Ocean City
- TaxAnnualAmount: 5698.0
Services availability
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