207 Saint Louis Ave

Ocean City, MD 21842
  • $1,800,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 3,960

    SqFt

About the Listing 345MWG - 3255708,3317382

Looking for the perfect investment? Look no further than 207 Saint Louis! Within the last five years, the entire property has been completely remodeled down to the studs. All new electrical and plumbing systems were installed, in addition to an updated fire sprinkler system and exterior updates like a new roof, new siding and new paving. Property consists of two buildings, one main building containing ten bedrooms and a rear building containing two additional units and the addition of a $75,000 commercial on-site laundry facility. These units have been fully rented each season, resulting in just over $150,000 in income per year with the current rental schedule with opportunity for more! For ease of ownership and management, a $15,000 remote programmable lock system has been installed throughout the property and over $100,000 of commercial-grade furniture will convey. Call to schedule your showing today!

Listing Highlights

Status Active
Days on Site 109
Property Type Commercial Sale
MLS ® MDWO2036988
Year Built 1940
Total Square Footage 3,960
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: Could build a 5 story building if desired.
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved Parking,Private,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $6,245
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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Questions About..

207 Saint Louis Ave Ocean City, MD 21842

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Originating MLS: BRIGHT_MAIN

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