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102 75th Street, Ocean City, MD 21842
$835,500 Sale Pending
102 75th Street, Ocean City, MD 21842View this property at 102 75th Street, Ocean City, MD 21842
102 75th StreetOcean CityMD21842
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Property Description
Parcel is made up of two separate buildings, each containing two 3 bedroom 1 bathroom units. Great investment opportunity with $64,000 in yearly rental income! Perfect for employee housing or investment rentals. Each unit has parking space for 2 cars. This lot is prime for redevelopment or lease it out As-Is and start earning rental income immediately! This parcel is listed separately but can be purchased accompanying office building at 7501 Coastal Hwy. Please reach out to listing agents for more information.
Full Property Details
Full Property Details for 102 75th St
General
- Price: $835,500
- Taxes: $6,288 (2023)
- Status: Pending
- Type: Apartment
- MLS ID: MDWO2020082
- Updated: 4/9/2024
- Added to Site: 27 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 8
- Parking Features: Paved Parking, Private
- Parking Type: Parking Lot, On Street
Location
- Area: Bayside Interior (83)
- Municipality: Ocean City
- County: Worcester
- Driving Directions: 75th St Bayside, Right to #102
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Mixed
- Stories/Levels: 2
- Year Built: 1958
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,000
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: LC-1
Financial Considerations
- Price Per Sq. Ft.: $255.97
- Assessment Year: 2023
- City/TownTax: $2,019
- City/TownTax Freq: Annually
- County Tax: $3,770
- County Tax Freq: Annually
- Tax w/Assessment: $446,100
- Tax Amount: $6,288
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 19
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Schools
Schools serving 102 75th St
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 4.1 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 9.2 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 7.9 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 7.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 102 75th St
Date
Details
Price
Change
Source
4/08/2024
Listed
$835,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 102 75th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,288
—
$446,100
—
2021
$6,304
—
$446,100
—
2021
$6,310
-1%
$446,600
—
2020
$6,353
1%
$446,600
—
2019
$6,309
-8%
$446,600
-8%
2018
$6,888
—
$487,600
—
2017
$6,922
—
$487,600
—
2016
$6,948
-10%
$487,600
-15%
2015
$7,734
—
$571,900
—
2014
$7,744
—
$571,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 102 75th St
102 75th Street, Ocean City, MD 21842 (MLS# MDWO2020082) is a Apartment property. 102 75th Street is currently listed for $835,500 and was received on April 08, 2024. This property is listed by Peck Miller from our Ocean City 57th Office.Want to learn more about 102 75th Street? Do you have questions about finding other Apartment real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.