Cavalier - 106 Talbot Street Unit 101
Ocean City, MD 21842
- 14 beds
- 10 baths
- 5,400 sqft
- $407 per sqft
- 1940 build
Investor Alert!! Own 10 of 14 units in this downtown condo and become your own boss. 4- 2 bedroom 1 bath units and 6 1 bed 1 bath units located just one block from the Ocean and One block from the workd famous MR Ducks and Angler Restaurants. Great cash flow as Airbnb's or continue some of the units as Year round units. Take the opportunity to utilize the City's Facade Grant ans have. a huge value add with a new front exterior remodel. This property works great for any rental opportunity including Student or summer seasonal rentals.
Listing courtesy of BRIGHT / Coldwell Banker Realty
Last checked:
Checking…
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Last updated Jan 20, 2025
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MLS# MDWO2028078 —
The Building
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Year Built:1940
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Year Built Source:Assessor
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Year Major Reno/Remodel:1985
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Roof:Architectural Shingle
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New Construction:No
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Construction Materials:Frame
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Building Name:Cavalier
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Unit Building Type:Garden 1 - 4 Floors
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Structure Type:Unit/Flat/Apartment
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Architectural Style:Bungalow
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Levels:2
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Entry Floor Number:1
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Accessibility Features:2+ Access Exits
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Basement:No
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Unit Number:101
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:5400
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:728
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:5400
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Living Area SqFt:5,400 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Bank Portfolio, Assumption, Exchange, Private, Other
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Possession:Settlement
Location
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Directions:Phi;ladelpia Ave South Turn LEft on Talbot and proeprtyis on your right
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Latitude:38.33090000
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Longitude:-75.08727000
The Property
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Property Type:Residential
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Federal Flood Zone:AE
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Zoning:C-1
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:U
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (724) 840-0572
- Office phone:
- (443) 856-2211
Taxes
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Tax ID Number:2410282683
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Tax Year:2024
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Tax Lot:101
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Tax Annual Amount:$1,756
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Tax Assessed Value:$125,433
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Year Assessed:2024
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County Tax:1060.00
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City/Town Tax:10000.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:14
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Bedrooms Main Level:14
Baths
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Total Baths:10
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Full Baths:10
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Main Level Baths:10.00
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Main Level Full Baths:10
Heating & Cooling
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Cooling Type:Wall Unit
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Wall Unit
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Washer/Dryer/Hook Up in Unit:Yes
Schools
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School District Name:Worcester County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Common Grounds
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Condo/Coop Fee:$20,000
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Condo/Coop Fee Frequency:Annually
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HOA/Condo/Coop Fee:Common Area Maintenance, Insurance, Management, Trash
Parking
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Total Garage and Parking Spaces:1
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Garage:No
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Type of Parking:Driveway
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Driveway - # of Spaces:1
Extra Units
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Vacation Rental:Yes
Monthly cost estimate
Asking price
$2,200,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$11,780
|
Taxes | $146 |
Insurance | $605 |
HOA fees | $1,667 |
Utilities | $356 See report |
Total | $14,554/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/19/25
Jan 19, 2025
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Listed / Active | BRIGHT | $2,200,000 |