$1829.87 Per Sq Foot $19,862 est/mo Sourced by Back At You

5908 Coastal Hwy #8a,Ocean City, MD 21842

Ocean City MD, 21842

Share with a friend

Description

An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.

Details

MLS#MDWO2018032
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2007
Days On Site152
Listing Provided ByRedfin Corp | Berna Kimber

Features

SQ Feet2,022
ZoningR

Market Activity 21842

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Request a showing

Request a showing

Loading Form
Listings Checked: 12 minutes ago
StateMD
CountyWorcester
CityOcean City
Zip Code21842
AreaOcean Block
School DistrictWorcester County Public Schools
Listing VS Median (in 21842)
Price:
$3,700,000
low | high
Med:
$485,000
100% of Average
SqFt:
2,022
low | high
Med:
1,292
86.102868447082% of Average
$ / SqFt:
$1,830
low | high
Med:
$375
100% of Average
On Site:
152
low | high
Med:
192.000000
79.166666666667% of Average
Sourced by Back At You
Listing Updated: April 12, 2024 at 3:44:35 AM PDT