106 Talbot Street Unit 101 Ocean City, MD 21842

14 Beds
10 Baths
5,400 Sqft
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$2,200,000 Est.$8,101 / mo.*
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Open House: Feb 1st from10am to1pm
Status: Active
Property Type: Condominium
Year Built: 1940
Neighborhood: None Available
Days on Website: 3
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Courtesy of Shawn Kotwica, Coldwell Banker Realty {attribution_contact}

Description

Investor Alert!! Own 10 of 14 units in this downtown condo and become your own boss. 4- 2 bedroom 1 bath units and 6 1 bed 1 bath units located just one block from the Ocean and One block from the workd famous MR Ducks and Angler Restaurants. Great cash flow as Airbnb's or continue some of the units as Year round units. Take the opportunity to utilize the City's Facade Grant ans have. a huge value add with a new front exterior remodel. This property works great for any rental opportunity including Student or summer seasonal rentals.

Property Details and Features

Bathrooms

  • 10 total bathrooms
  • 10 bathrooms on main level
  • 10 full bathrooms
  • 10 full bathrooms on main level

Bedrooms

  • 14 bedrooms
  • 14 bedrooms on main level

Building

  • 5,400 sqft living area
  • 5,400 sqft above grade (finished)
  • Built in 1940
  • Major renovation in 1985
  • Structure Type: Unit/Flat/Apartment
  • 2 levels
  • Bungalow
  • Frame

Cooling

  • Electric
  • Wall Unit

Accessibility Features

  • 2+ Access Exits

Heating

  • Electric
  • Wall Unit

Home Owner's Association

  • Condo/Coop Association
  • Condo/Coop Fee: $20,000
  • Condo/Coop Fee Freq: Annually
  • Common Grounds
  • Common Area Maintenance
  • Insurance
  • Management
  • Trash

Listing

  • 4 days on market
  • $407 per sqft
  • Property SubType: Condominium
  • Vacation Rental

Location

  • Municipality: Ocean City
  • County: Worcester
  • MLS Area: Bayside Interior (83)
  • Subdivision: None Available

Lot

  • Lot Size Dimensions: 0.00 x 0.00

Property

  • Other Structures: Above Grade,Below Grade

Roof

  • Architectural Shingle

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS

Sewer

  • Public Sewer

Taxes

  • City/Town Tax: $10,000
  • City/Town Tax Pymnt Freq: Annually
  • County Tax: $1,060
  • County Tax Pymnt Freq: Annually
  • Tax Annual Amount: $1,756
  • Tax Year: 2024

Utilities

  • Hot Water: Electric

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Location

$2,200,000 -106 Talbot Street Unit 101, Ocean City, MD 21842
106 Talbot Street Unit 101 Ocean City, MD 21842
Municipality: Ocean City

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on January 22, 2025 15:08.