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1308 N Philadelphia Ave, Ocean City, MD 21842

$2,400,000

  • For Sale
  • Active
  • Commercial
1308 N Philadelphia Ave, Ocean City, MD 21842View this property at 1308 N Philadelphia Ave, Ocean City, MD 21842
1308 N Philadelphia AveOcean CityMD21842

Property Description

2 Buildings featuring 8-2 Bedroom 1 Bath apartments and a House with 4 Bedrooms 2.5 Baths w/LR and Newly renovated Kitchen and OFFICE * Lots of renovations and updates * Fenced-in Courtyard * Plenty of parking * All this and only 1.5 blocks to the beach and center of the boardwalk * These are your traditional ''old style'' Ocean City Buildings with newer (5 years) roof & banisters * Extra large storage space in Attic * Kitchens in each apartment all with a new fridge * Excellent rental history * Ideal for you to live in one and rent the others * Office space included * Here is your opportunity to purchase with rentals already in place *

Full Property Detailsfor 1308 N Philadelphia Ave

General

  • Price: $2,400,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 495756
  • Updated: 3/17/2018
  • Added: 1, 171 day(s) ago

Interior

  • Interior Features: 1st Floor Bed & Bath
  • Flooring: Carpet

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Additional Information

  • Pool Description: None

Location

  • Area: Worcester East of 113
  • County: Worcester
  • Subdivision: N/A
  • Driving Directions: From Route 50 East into Ocean City, Left onto Baltimore Ave, L on 12th St, to 1308 Philadelphia Ave on Right.
  • Dist. to Ocean: 1 (Blocks)

Heating & Cooling

  • Cooling Type: Wall/Window Air Conditioning
  • Heating Type: Electric Baseboard
  • Heating Fuel: Electricity

Utilities

  • Water/Sewer: Public Central Sewer, Public Central Water

Structural Information

  • Description/Design: Office Building, Economy/Limited Srvc, Full Service
  • Exterior Const.: will follow, Shingle
  • Basement Desc.: None
  • Foundation: Concrete Block
  • Roof: Architectural Shingles
  • Stories in Building: 2
  • Square Feet: 1,512
  • Year Built: 1969

Unit Information

Unit 1

  • Additional Details: Dining Room, Kitchen, Living Room, Refrigerator, Stove
  • Bedrooms: 2

Unit 2

  • Additional Details: Dining Room, Kitchen, Living Room, Refrigerator, Stove
  • Bedrooms: 2

Unit 3

  • Additional Details: Dining Room, Living Room, Refrigerator, Stove
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Additional Details: Dining Room, Kitchen, Living Room, Refrigerator
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Additional Details: Dining Room, Kitchen, Living Room, Refrigerator
  • Bedrooms: 2

Unit 6

  • Additional Details: Dining Room, Dishwasher, Kitchen, Living Room, Refrigerator
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 122 x 50
  • Public Street: Yes
  • Zoning: R3, R3
  • Lot Description: Corner

Water Features

  • Dock Description: None

Financial Considerations

  • County Tax: $16,419
  • Owner Pays: Cable, Electric, Heat, Insurance, Lawn, Maintenance/Repair, Sewer, Taxes, Trash, Water
  • Tenant Expense: none

Disclosures and Reports

  • Documents Avail.: Sellers Disclaimer
  • Legal Description: LOT 2 BLK 49N E SIDE PHILA AVE PL SINEPUXENT BCH
  • Inclusions: Shades/Blinds
  • Disclosures/Rstr.: Existing Leases/Rentals
  • APN: 4164
  • Block: 49N
  • Lot: 2

Listed by Sea Grace at N Beach Realtors, Grace P Masten

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Schools

Schoolsserving 1308 N Philadelphia Ave

School District:Worcester County Public Schools
School Name
Grades
Distance
Ocean City Elementary School
12828 Center Dr, Ocean City, MD 21842
PK-4
1.5 mi
Berlin Intermediate School
309 Franklin Ave, Berlin, MD 21811
4-6
7.2 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Rd, Berlin, MD 21811
7-8
6 mi
Stephen Decatur High School
9913 Seahawk Rd, Berlin, MD 21811
9-12
6 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 1308 N Philadelphia Ave Get Price Alerts

Date
Details
Price
Change
Source
3/09/2015
Listed
$2,400,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 1308 N Philadelphia Ave

Listed by Sea Grace at N Beach Realtors, Grace P Masten

1308 N Philadelphia Ave, Ocean City, MD 21842 (MLS# 495756) is a Commercial property. 1308 N Philadelphia Ave is currently listed for $2,400,000 and was received on March 09, 2015. Want to learn more about 1308 N Philadelphia Ave? Do you have questions about finding other Commercial 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.