5908 COASTAL HWY #8A
5908 COASTAL HWY #8A
OCEAN CITY, MD 21842
MLS Number: MDWO2018032
Originally $3,800,000
$3,700,000
SqFt: 10,110
$3,700,000
SqFt: 10,110
Description
- An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.
General Details
- Living Area: 10,110
- Property Type: Five Or More Units
- County: WORCESTER
- Year Built: 2007
- Sewer: Public Sewer
Community Information
- Zoning: R
Exterior Features
- Garage(s): N
- Waterfront: N
- Waterview: N
Interior Features
- Heating: Central
- Cooling: Y
- Water: Public
Lot Information
- Dimensions: 0.00 x 0.00
School Information
- School District: WORCESTER COUNTY PUBLIC SCHOOLS
Fees & Taxes
- City Taxes: $2,241
- County Taxes: $4,185
Other Info
- Listing Courtesy Of: Redfin Corp