15 57th Street

Ocean City, MD 21842

$1,595,000
Price
Beds
2,560 Sq. Ft.
$623 / Sq. Ft.
2,560
Sq. Ft.
$623
per Sq. Ft.

Description

What else do you need? Incredible investment opportunity for a owner who would like to have 4 fully furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property. Super easy commuting with bus stops out front on Coastal and FREE PARKING!...What else do you need? Incredible investment opportunity for a owner who would like to have 4 fully furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property. Super easy commuting with bus stops out front on Coastal and FREE PARKING! Open lot in the rear of the building is a HUGE perc on this purchase! COMFIRM ALL BUILDING PLANS/PERMITS for the open area via Ocean City Zoning if that is your clients wishes. All items including roof, hvac, full interior of all units have all been renovated and newer appliances within the last 5 years! 100 yards off the sandy beaches and with this property, you will NEVER have to cross Coastal Highway to get to the beach safely! This is a PRIME opportunity for one lucky buyer! Good luck and schedule your showing sooner than later!
  1. Listed by Zackary Keenan • Keller Williams Realty
    P: 4438803416 southernsurfin9@gmail.com

Property Details for 15 57th Street

Tax ID Number
2410769134
Ownership
Fee Simple
Structure Type
Detached
Style
Coastal
Waterfront
No
Garage
No
Building Name
NONE AVAILABLE (OCEAN CITY MD)
Municipality
Ocean City

Location

Listing Courtesy of Keller Williams Realty
Add your commute
LISTING UPDATED: 03/17/2024 06:36 PM

Property Details for 15 57th Street

StatusActive
MLS #MDWO2019490
Days on Market44
Taxes$9,374 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1965
Lot Size0.14 AC / 6,000 SF
CountyWorcester County

Location

Listing Courtesy of Keller Williams Realty
Add your commute

Building Information for 15 57th Street

Stories-Residences4Year Built1965Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$9,486 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,705

Property Taxes

$781

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15 57th Street

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • Elementary School: OCEAN CITY (WORCESTER MD)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: STEPHEN DECATUR (WORCESTER MD)
  • MiddleSchoolSource: Listing Agent
  • High School: STEPHEN DECATUR (WORCESTER MD)
  • HighSchoolSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Ocean Block (82)
  • OC Cross Street: 57
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $665,000
  • Year Assessed: 2023
  • County Tax: $5,619
  • Improvement Assessed Value: $0
  • City Town Tax: $3,009
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: M
  • Zoning: R3
  • Tax Lot: 23
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Year Major Reno Remodel: 2021
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 22334698
Parking
Parking
  • Type Of Parking: Off Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)

Property History for 15 57th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 57th Street

Taxable ValueLand$510,000Additions$155,000Total$665,000
Tax Record2023$9,374 ($781 / month)
Home Facts
Total Finished SqFt2,560 SqFtAbove Grade Finished SqFt2,560 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965ZoningR3CountyWORCESTERAPN10-769134

Schools near 15 57th Street

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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15 57th Street is a multi-family home for sale in Ocean City, MD 21842. This property was listed for sale on March 16, 2024 by Keller Williams Realty, it's currently listed at $1,595,000. This listing's school district is Worcester County Public Schools. Nearby schools include Ocean City Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 15 57th Street is a 0-bed, 0-bath, 2,560 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided 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. Data last updated on 03/17/2024 06:36 PM