5908 Coastal Highway
5908 Coastal Highway
$3,700,000
20
15
2,022
2,022
$1,830
Virtual Tour
Description
An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully...An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.
- Listed by Berna Kimber • Redfin CorpP: 3012542205 berna.kimber@redfin.com
- Listed by Kimberly M Dixson • Redfin CorpP: 4433731328 kim.dixson@redfin.com
Property Details for 5908 Coastal Highway
Tax ID Number
2410760089
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleColonial
WaterfrontNo
ViewsOcean
GarageYes
Expected On Market Date01-01-2024
Location
LISTING UPDATED: 04/11/2024 11:19 AM
Property Details for 5908 Coastal Highway
Status | Active |
---|---|
MLS # | MDWO2017716 |
Days on Market | 154 |
Taxes | $6,982 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2007 |
Lot Size | 0.00 AC / 0 SF |
County | Worcester County |
Location
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Building Information for 5908 Coastal Highway
Stories-Residences1Year Built2007Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$20,774 per month
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Property Information for 5908 Coastal Highway
Property History for 5908 Coastal Highway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5908 Coastal Highway
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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