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About This Home
This 3-bedroom, 2-bathroom single family at 13444 MADISON Avenue in OCEAN CITY, MD is listed for $564,900 ($282 per sqft). Built in 1958, the home offers 2,000 sqft of living space on a 0.11 acres lot.
Opportunity knocks! The home is in need of some work as you will see upon entering, but it has potential for many things. Situated on an oversized corner lot with water views from three sides, this property offers room to add 2+ levels, as zoning laws allow building up to 45 feet.
Zoned R-3 for multi-family and residential. Approved variances are in hand, including a variance for a second and third floor cantilever, making expansion plans even more attainable. Variance for an auxiliary dwelling unit (ADU) also in hand. If necessary, the current owner is open to a joint venture to see the project through to the finish line. Ideal for an investor looking to make a profit or someone looking to build a primary residence, a vacation getaway, an investment opportunity-or all of the above!
Key Features
- Built in 1958
- 0.11 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$3,021/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
13444 MADISON Avenue
OCEAN CITY, MD 21842
GLENN ACRES
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 13444 MADISON Avenue is listed at $564,900 ($282/sqft). The estimated monthly payment is $2,448 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 0.11 acre lot, 2 stories, Fireplace.
This property is listed by Kelly R Williams and can be reached at 3013255308 or kelly@kandkhomesgroup.com.
