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Property view

712 N Baltimore Ave, 
Ocean City, MD 21842

$2,467,500


12

Beds


6

Baths


4,209

Sq Ft


Townhouse

Sold

Listed by

John R. Clark

Bought with Coastal Life Realty Group LLC

Taylor Properties

MLS#

MDWO2021360

Source:

BRIGHTMLS

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About This Home

712 N Baltimore Ave

Here is your opportunity to own one of only a few properties in Ocean City that can accommodate 40 guests under one roof!! This property is a multi-family building that has been completed renovated in downtown Ocean City. Set up as a duplex with 6 bedrooms, 3 bathrooms, 2 kitchens, and 2 laundry rooms on each side! Each side comfortably sleeps 20 guests. Combined, this property has 12 bedrooms, 6 bathrooms, 4 kitchens and 4 baths; sleeping 40 total! Maintenance free exterior with cedar siding and composite decking/vinyl rails. Currently the property is used as a duplex, but has the option for a lockout basement, making 4 total units if desired. Brand new HVAC throughout in 2022. This property consistently brings in > $300,000 in rental income each year! There are still a lot of holes to fill in the calendar and we are currently at $318,226 on the books for this season. This house prints money!! If interested in using this property as a rental, the current property management company charges 12% of the nightly rate if the new owner has interest in continued rental success and a seamless transition. 2024 Rentals must be honored.

Home Facts

Townhouse

6 Baths

12 Bedrooms

Built in 1930

Price Summary

2,799,999

$665 per Sq. Ft.

MLS #:

MDWO2021360

Sold:

January 2, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

4,209 Sq. Ft.


Structure

Structure

Architectural Style:

Coastal

Building Area:

4,209 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$2,799,999

Price per Sq. Ft:

$665 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.