207 SAINT LOUIS AVE, Ocean City, MD 21842
207 SAINT LOUIS AVE, Ocean City, MD 21842
207 SAINT LOUIS AVE, Ocean City, MD 21842
207 SAINT LOUIS AVE, Ocean City, MD 21842
207 SAINT LOUIS AVE, Ocean City, MD 21842
207 SAINT LOUIS AVE, Ocean City, MD 21842
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Maryland Residential

Maryland Residential

+1(410) 231-3231
Listed by Peck Miller • Coldwell Banker Realty
$ 1,800,000
Est. payment | /mo

7,100 Sqft Lot

Save
$ 1,800,000
Est. payment | /mo
Save

7,100 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWO2036988

Year Built 1940

Annual Tax Amount $6,245

Tax Year 2025

Lot Size 7,100 Sqft

Acres 0.16

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Looking for the perfect investment? Look no further than 207 Saint Louis! Within the last five years, the entire property has been completely remodeled down to the studs. All new electrical and plumbing systems were installed, in addition to an updated fire sprinkler system and exterior updates like a new roof, new siding and new paving. Property consists of two buildings, one main building containing ten bedrooms and a rear building containing two additional units and the addition of a $75,000 commercial on-site laundry facility. These units have been fully rented each season, resulting in just over $150,000 in income per year with the current rental schedule with opportunity for more! For ease of ownership and management, a $15,000 remote programmable lock system has been installed throughout the property and over $100,000 of commercial-grade furniture will convey. Call to schedule your showing today!

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning DR

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 5.0

Water Access N

Accessibility None

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Worcester County Public Schools

Others

Tax ID 2410030846

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Maryland Residential

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(410) 231-3231

info@marylandresidential.com

201 Key Hwy, Baltimore, MD, 21230, USA

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207 SAINT LOUIS AVE