Patterson-Schwartz Real Estate202 32Nd Street #306, Ocean City, MD 21842-5399 $195,000
Interior Sq. Ft: 376
Acreage:
Age:39 years
Style:
Coastal
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
Coastal Getaway with updates galore. This unit has successfully been used as a vacation rental with great Gross rental income last year and plenty of rentals on the books for this year. Custom tile shower and updated vanity accent the brand new LVP flooring and custom Murphy bed that also serves as a media stand. The perfect location for vacationers or a personal residence, this fully furnished unit can be used either way. Located just 4 blocks from OC's Famous Boardwalk, you are just outside the hustle and bustle, but just a short walk from many options like Shotti's Point for some great Rhino Chasers or Pizza, Across the Street from OC Wasabi for great sushi or One more Block to the Infamous Barn 34. A step away, and within site of Ripeanos Pizza, this location is a can't miss, especially when Anthony's Beer Wine and Deli is the perfect sub and grab and go after the perfect surf hits between 31st and 34th st beaches where surfers often gather to catch some gnarly waves. Look out your back door, and all you need to see just far enough in the distance to stay quiet is the lights of the Ferris wheel and the splash of Jolly Rogers waterpark. Rental Income for 2023 is $25,000 so buy and possibly get your downpayment returned by October.
Home Assoc: No
Condo Assoc: $250/Monthly
Buyer Agency Comp*: 2.5 % Of Gross
Basement: N
Pool: No Pool
Features
Utilities
Wall Unit Heating, Electric, Wall Unit Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Parking Lot
Interior
Accessibility - 2+ Access Exits
Exterior
Frame Exterior
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Ocean City Elementary | Worcester County Public Schools | Preschool–4 | Ocean City | 2.07 mi |
Private (1 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| Seaside Christian Academy | Christian (no specific denomination) | Preschool–12 | Ocean City | 2.35 mi |
© 2024 LiveBy. All Rights Reserved.
This report is a detailed community overview for Ocean City (21842), Maryland.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $46,876
Community Summary
- Population Density (ppl / mile): 683
- Household Size (ppl): 2.04
- Households w/ Children: 22%
Housing Inventory
- Owned: 3,625 (11.1%)
- Rented: 1,559 (4.8%)
- Vacant: 27,482 (84.1%)
- Total: 32,666
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.8%
- Some High School: 5.5%
- High School Graduate: 28.9%
- Some College: 22.0%
- Associate Degree: 8.5%
- Bachelor's Degree: 21.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $55,064
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $713
- One Bedroom: $830
- Two Bedroom: $1,105
- Three Bedroom: $1,412
- Four Bedroom: $3,501
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
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or call me now at 13025478465
Listing Courtesy of: Coldwell Banker Realty , (443) 856-2211
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 5/11/2024.
