204 12th St, Ocean City, MD

Others for Sale - $786,000 - 0.11 acres

Agent Info

Shawn Kotwica
Ocean City/120th St

Property Info

  204 12th St
  Ocean City MD 21842
UpdatedMarch 21st, 2018
Land0.11 acres


Property Description

2 buildings, a 4-plex & duplex located on the alley, 4-plex has 4 two bedroom one bath units, of which 4 have central HVAC, and can be rented year round, duplex has base board heat and could be rented year round also. Each unit in 2017 was rented for $11,000, for 121 days and in 2018 the rent will increase to $12,000 per unit. Buildings have been well maintained and have been owned by the same family for 57 years. Units are being sold furnished as shown, and 'in as is' condition with no exceptions.

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