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15 57th Street

Ocean City, MD 21842

– beds
– baths
2,560 sqft
6,000 sqft lot
$544 per sqft
1965 build

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!!!

Listing courtesy of BRIGHT / Keller Williams Realty

Last checked: Checking… • Last updated Nov 23, 2024 •

MLS# MDWO2019490 —

The Building

Year Built:

1965
Year Built Source:

Assessor
Year Major Reno/Remodel:

2021
New Construction:

No
Construction Materials:

Advanced Framing
Structure Type:

Detached
Architectural Style:

Coastal
Building Units Total:

4
Roof:

Architectural Shingle
Accessibility Features:

Other
Foundation Details:

Permanent
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2560

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2560
Living Area SqFt:

2,560 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

Immediate

Location

Directions:

GPS
Latitude:

38.38072000
Longitude:

-75.06714000

The Property

Property Type:

Multi-Family
Property Subtype:

Quadruplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.14
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

6,000 Sqft
Inclusions:

Furniture included
Zoning:

R3
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

M
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

2410769134
Tax Year:

2024
Tax Lot:

23
Tax Annual Amount:

$10,376
Tax Assessed Value:

$741,367
Year Assessed:

2024
County Tax:

6265.00
City/Town Tax:

3281.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

Elementary School:

Ocean City
Middle School:

Stephen Decatur
High School:

STEPHEN DECATUR
School District Name:

Worcester County Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Off Street

Extra Units

Vacation Rental:

No
Two Bedroom Units:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/7/24 Sep 7, 2024	Price Changed	BRIGHT	$1,395,000	-6.7%
6/21/24 Jun 21, 2024	Price Changed	BRIGHT	$1,495,000	-6.3%
3/16/24 Mar 16, 2024	Listed / Active	BRIGHT	$1,595,000

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This multifamily located in Ocean City, MD 21842 is currently for sale for $1,395,000. 15 57th Street is a 2,560 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Ocean City Elementary School, Stephen Decatur Middle School, Stephen Decatur High School, and Berlin Intermediate School.

Listing Courtesy of: BRIGHT and Keller Williams Realty.

The information included in this listing is provided exclusively for consumers’ 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 on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.