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About This Home
This 1-bedroom, 1-bathroom condo at 205 5TH Street in Ocean City, MD is listed for $205,000 ($674 per sqft). Built in 1940, the home offers 304 sqft of living space on a N/A lot.
This is an amazing one-bedroom unit in the heart of downtown that won't disappoint. If you're looking for your next hideaway in ocean city to vacation or you're looking for a powerhouse income producing unit, you have arrived. Walking distance to the beach, boardwalk and all local attractions; this home is central to everything.
Over the last two years this unit has grossed (on average) $22,000 each summer and can produce even more if operated during the winter as an off-season rental. Recently updated with new furniture, paint and staging, this gem can comfortably sleep 5 adults.
The home has a full kitchen, a large shower and a recently updated exterior space. Stairs and deck have been rebuilt using Trex decking and provide a quiet private space to rest once you have walked off the beach. There is nothing on the market at this price that can compare.
Key Features
- Built in 1940
- 1 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,282/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
205 5TH Street
Ocean City, MD 21842
NONE AVAILABLE
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 1-bedroom, 1-bathroom condo at 205 5TH Street is listed at $205,000 ($674/sqft). The estimated monthly payment is $1,074 based on 20% down at 6.5% interest.
HOA fees are $186/month.
Key features include: Built in 1940, 1 parking spaces.
This property is listed by Ryan W Eby and can be reached at 4435386512 or ryanweby@gmail.com.
