Ocean City, MD 21842,205 5TH ST #45
Ocean City, MD 21842,205 5TH ST #45
Ocean City, MD 21842,205 5TH ST #45
Ocean City, MD 21842,205 5TH ST #45
Ocean City, MD 21842,205 5TH ST #45
Ocean City, MD 21842,205 5TH ST #45
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$502,000

$495,000

1.4%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

895 SqFt


SOLD DATE : 09/26/2023

Key Details

Sold Price $502,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 895 sqft

Price per Sqft $560

Subdivision Hitchens & Trimper

MLS Listing ID MDWO2013844

Sold Date 09/26/23

Style Coastal

Bedrooms 3

Full Baths 2

Condo Fees $1,357/qua

HOA Y/N N

Abv Grd Liv Area 895

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $2,333

Tax Year 2023

Lot Dimensions 0.00 x 0.00

Property Description

A Beach House Investment that pays for itself... $61,116 of rental income in 2022, use that to pay the mortgage and put money in your pocket or vacation for free for a few weeks and let your investment pay for itself the rest of the year. This unit comes fully furnished and ready to be listed for rent or move yourself right in. Enjoy the spacious deck or hang inside where the mini split installed in 2021 will keep the inside nice an cool. If you like to hang out in the sun, enjoy the Parrot Bay community pool only 100' from your door. Only a block away is the bayside boardwalk and park on 4th st and 3 short blocks from the Boardwalk and beach. Off Street parking is always crucial in Ocean City and on site security helps keep the community of Parrot Bay peaceful and enjoyable. The Parrot Bay association also provides cable and internet. Electrical Panels were upgraded in 2021.

Inside the unit you will find 3 bedrooms and 2 full bathrooms, a kitchen with new (2021) quartz countertops and new dishwasher (2021), also you will find the dining room past the kitchen with a rear door to a wrap around deck and stairs.

Additional storage for the building under the deck stairwell and along the side of the unit.

The unit below is for sale by the same owner, you can buy both and own the entire building!

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning RESIDENTIAL

Direction North

Rooms

Main Level Bedrooms 3

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Ductless/Mini-Split

Flooring Luxury Vinyl Plank

Equipment Microwave, Oven/Range - Electric, Refrigerator, Dishwasher

Furnishings Yes

Fireplace N

Appliance Microwave, Oven/Range - Electric, Refrigerator, Dishwasher

Heat Source Electric

Laundry Shared

Exterior

Exterior Feature Deck(s)

Garage Spaces 1.0

Utilities Available Cable TV Available, Electric Available, Phone Available

Amenities Available Pool - Outdoor

Water Access N

Roof Type Shingle

Accessibility 2+ Access Exits

Porch Deck(s)

Total Parking Spaces 1

Garage N

Building

Story 2

Unit Features Garden 1 - 4 Floors

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Cable TV,Common Area Maintenance,High Speed Internet,Laundry,Insurance,Lawn Care Front,Lawn Care Rear,Lawn Care Side,Lawn Maintenance,Pool(s),Reserve Funds,Trash

Senior Community No

Tax ID 10-749603

Ownership Condominium

Acceptable Financing Conventional, Cash

Horse Property N

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

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Bright MLS (BMLS)
Listed by Lucas Aaron Milburn • Long & Foster Real Estate, Inc.
Bought with William B Alvey Jr. • Atlantic Sands Realty
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900 Route 168 Bldg. H, Turnersville, NJ, 08012

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