205 10TH ST, Ocean City, MD 21842
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205 10TH ST, Ocean City, MD 21842
205 10TH ST, Ocean City, MD 21842
205 10TH ST, Ocean City, MD 21842
205 10TH ST, Ocean City, MD 21842
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Listed by Spike Sands • Berkshire Hathaway HomeServices PenFed Realty - OP
$ 839,900
Est. payment /mo
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Price Dropped by $490K

205 10TH ST Ocean City, MD 21842

2,744 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,744 sqft

Price per Sqft $306

MLS Listing ID MDWO2032146

Style Coastal

Abv Grd Liv Area 2,744

Year Built 1950

Available Date 2025-08-01

Annual Tax Amount $6,743

Tax Year 2024

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Large price drop due to the fact that the building is not being sold with the lot next door. Just the multi family home for sale.

A rare chance to own a fully updated four-unit investment property just two blocks from the beach and Boardwalk in downtown Ocean City.

Located at 205 10th Street, this 2,744 sq. ft. property offers four move-in-ready units with a versatile mix of accommodations: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance.

The property has undergone significant renovations inside and out, including a completely updated front façade with three levels of decks, new vinyl railings and steps, a new roof, interior upgrades throughout, and a new kitchen in Unit 1. Each unit has its own porch and is furnished with updated appliances and coastal-inspired décor.

A shared coin-operated laundry facility provides an added convenience for tenants and guests while creating an additional source of revenue.

With four separate units and a highly walkable downtown location close to the beach, Boardwalk, restaurants, nightlife, shopping, and Ocean City attractions, 205 10th Street offers multiple possibilities for vacation rentals, seasonal rentals, or a combination of investment and personal use.

For an investor looking for an established multi-unit property in one of Ocean City's most desirable rental areas, this one deserves a closer look.

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning R-2

Interior

Interior Features Additional Stairway, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Wood Floors

Hot Water Electric, Natural Gas

Heating Wall Unit, Baseboard - Electric

Cooling Ductless/Mini-Split, Ceiling Fan(s), Window Unit(s)

Flooring Ceramic Tile, Luxury Vinyl Plank

Inclusions Sold AS IS

Equipment Built-In Microwave, Built-In Range, Compactor, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater

Fireplace N

Appliance Built-In Microwave, Built-In Range, Compactor, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater

Heat Source Natural Gas, Electric

Exterior

Exterior Feature Balconies- Multiple, Deck(s)

Utilities Available Natural Gas Available, Cable TV Available, Phone Available

Water Access N

View City, Street

Roof Type Architectural Shingle

Accessibility None

Porch Balconies- Multiple, Deck(s)

Garage N

Private Pool No

Building

Lot Description Cleared, Corner, Level, Premium, Road Frontage

Foundation Crawl Space, Block

Above Ground Finished SqFt 2744

Sewer Public Sewer

Water Public

Architectural Style Coastal

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

Elementary Schools Ocean City

Middle Schools Stephen Decatur

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Tax ID 2410035104

Ownership Fee Simple

SqFt Source 2744

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Travis Gray

Travis Gray

Associate Broker License ID: 636268

+1(301) 641-0809

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205 10TH ST