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12905 Swordfish Drive, Ocean City, MD 21842
$625,000
12905 Swordfish Drive, Ocean City, MD 21842View this property at 12905 Swordfish Drive, Ocean City, MD 21842
12905 Swordfish DriveOcean CityMD21842
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Property Description
5 units at Harbor Apartments on 2 lots is an investors dream as this property provides a positive cash flow property from day one of purchase. With $60,000 in GRI you can sit back and relax as the units have been updated in 2018 including new flooring, water heaters, split system Hvac's , steps and decking etc. With a low carrying cost and no city taxes, this is a good move for the novel investor or the seasoned professional.. Currently rented month to month, but could be rented nightly or weekly to capitalize on the close by Fishing Marina Season because of the great West OC harbor location.
Full Property Details
Full Property Details for 12905 Swordfish Dr
General
- Sold For: $625,000
- Taxes: $4,084 (2020)
- Status: Closed
- Type: Multi-Family
- MLS ID: MDWO117566
- Added to Site: 1, 293 day(s) ago
Exterior
- Exterior Features: BBQ Grill
Parking
- Total Spaces: 8
- Parking Type: Driveway, Off Street
Location
- Area: West Ocean City (85)
- Municipality: Ocean City
- County: Worcester
- Building Name: NONE AVAILABLE
- Driving Directions: Golf Course Road al the way to the end and after the road turns left units will be at the corner of the 3 block Just behind Harborside Bar & Grill.
School Information
- School District: Worcester County Public Schools
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air, Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV
Structural Information
- Architectural Info: Art Deco
- Architectural Style: Art Deco
- Structure Type: Other
- Construction: Frame, Vinyl Siding
- Stories/Levels: 0
- Square Feet: 3,136
- Sq. Ft. Source: Assessor
- Living Area: 3,136 Sq. Ft.
- Year Built: 1971
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 3
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Additional Lot(s), Cleared, SideYard(s)
- Zoning: R-4
- Lot Description: Additional Lot(s), Cleared, SideYard(s)
Green Features
- Energy Efficient: Appliances, HVAC
Financial Considerations
- Price Per Sq. Ft.: $216.52
- Assessment Year: 2020
- City/TownTax Freq: Annually
- County Tax: $3,606
- County Tax Freq: Annually
- Tax w/Assessment: $426,700
- Tax Amount: $4,084
- Tax Year: 2020
- Terms: Standard Sale
- Owner Pays: Insurance, Water, Trash Collection
- Landlord Pays: Insurance, Water, Trash Collection
- Tax Total Finished Sq. Ft.: 3136
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 11
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Schools
Schools serving 12905 Swordfish Dr
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 1.5 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 5.8 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 4.7 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 4.8 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 12905 Swordfish Dr
Date
Details
Price
Change
Source
9/20/2021
Sold
$625,000
-7.95%
MLS
11/11/2020
Price Reduced
$679,000
-2.86%
MLS
10/11/2020
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12905 Swordfish Drive, Ocean City, MD 21842 (MLS# MDWO117566) is a Multi-Family property that was sold at $625,000 on September 20, 2021. This property was listed by Shawn Kotwica from our Ocean City - 123rd Office.Want to learn more about 12905 Swordfish Drive? Do you have questions about finding other Multi-Family 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.