1617 SAINT LOUIS AVE Ocean City, MD 21842
3,685 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,685 sqft
Price per Sqft $434
MLS Listing ID MDWO2030988
Year Built 1950
Available Date 2025-05-23
Annual Tax Amount $8,250
Tax Year 2024
Lot Size 5,000 Sqft
Acres 0.11
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Don't miss this rare chance to own a waterfront 6-unit income-producing property in the heart of Ocean City, just two blocks from the world-famous White Marlin Open.
This well-maintained building includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently operating as long-term rentals with solid tenant history and consistent cash flow.
Situated directly on the water, the property provides excellent appeal for both current tenants and potential short-term rental conversion. The unbeatable location places you just short walk from the beach, Boardwalk, dining, and entertainment, making it ideal for maximizing rental demand.
Whether you're looking to expand your portfolio or break into the Ocean City market, this property offers strong income potential with room to grow.
Location
State MD
County Worcester
Area Bayside Waterfront (84)
Zoning R-2
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Laminated
Heat Source Electric
Exterior
Garage Spaces 6.0
Water Access N
Roof Type Architectural Shingle
Street Surface Concrete
Accessibility 2+ Access Exits
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Worcester County Public Schools
Others
Tax ID 10-041554
Ownership Fee Simple
SqFt Source Assessor
Security Features Surveillance Sys
Acceptable Financing Cash, Conventional, Seller Financing
Listing Terms Cash, Conventional, Seller Financing
Financing Cash,Conventional,Seller Financing
Special Listing Condition Standard
