Cottage
405 PHILADELPHIA AVENUE 25
OCEAN CITY , MD 21842
MLS#: MDWO2017684
$315,000
Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1940
Sq.Footage
456
Downtown coastal cottage in the heartbeat of OC! This modern & updated detached home is the absolute dream low maintenance vacation property &/or investment opportunity. This charming pad is incredibly unique to downtown, only 2 two blocks to the beach/boardwalk action and literally next door to the gorgeous new downtown park with free basketball courts, tennis & pickle ball courts, skatepark, playground & picnic area all while overlooking the gorgeous sunsets over the open bay! Recent updates include 3 LG ductless heat & air system, SS appliances, newer shingle roof, tile shower w/ bluetooth speaker, exterior storage shed and new deck & slider. Property also conveys fully furnished, has an electric fireplace, parking pass, onsite laundry, in season security, outdoor shower & yes access to the community pool! (Per management) Engineer report clean & unlike most "condos" in OC this unit is only responsible to mainatain reserves for their home & limited common areas, not the other units/buildings within community, what a bonus considering the updates already in place! Fees are only temporarily raised to build the reserves according to new Maryland law, reserves will be plentiful & any future updates for this cottage will come from that fund. Community is professionaly maintained & managed. Yes, this is the affordable investment property in OC you have been waiting for!
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
1
-
Above Grade Finished Area
456.0
-
Basement YN
NO
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Other
-
Main Level Bedrooms
2
-
Pet friendly
Dogs OK, Cats OK
Exterior
-
Garage
No
-
Parking
Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
Cottage
Price
-
Sales Price
$315,000
-
Tax Amount
$1,221
-
Sq. Footage
456
-
Price/SqFt
$690
HOA
-
Association
Yes
-
Association Fee 2
$619
-
Association Fee 2 Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
25
-
Water Source
Public
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Location
County
WORCESTER
Elementary School
Middle School
High School
Listing Courtesy of Katie Quinn , Berkshire Hathaway HomeServices PenFed Realty-WOC
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AGENT
Allison Bodine
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