$1,800,000
( $454.55Per Sq Foot )
 $9,663 est/mo Sourced by Back At You

207 Saint Louis Ave,OCEAN CITY, MD 21842

OCEAN CITY, MD 21842

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Description

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!

Details

MLS #MDWO2036988
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1940
Days On Site223
Listing Provided ByColdwell Banker Realty | Peck Miller

Features

Units12
ZoningDR
Acreage0.16

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsStick Built

Parking

Garage Yes / NoNo
Parking FeaturesPaved Parking, Private

Taxes

Tax Annual Amount6245

Area Information

StateMD
CountyWORCESTER MD
CityOCEAN CITY
Zip Code21842
AreaBayside Interior (83)
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
Listing VS Median (in 21842)
Price:
$1,800,000
low | high
Med:
$448,000
100% of Average
On site:
223
low | high
Med:
193
100% of Average
Sourced by Back At You

Market Activity 21842

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Additional Information

Showing Information

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Contact

Learn More About This Property

Lori Willis

Lori Willis

Century 21 Gold Key Realty

 (410) 708-1277loriwillis@c21gk.com
StateMD
CountyWORCESTER MD
CityOCEAN CITY
Zip Code21842
AreaBayside Interior (83)
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
Listing VS Median (in 21842)
Price:
$1,800,000
low | high
Med:
$448,000
100% of Average
On site:
223
low | high
Med:
193
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.35M - $2.25M
sqft: 0 - 0
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107 ATLANTIC AVE #3 Property Photo 1
$1,500,000
107 Atlantic Ave #3
Ocean City, MD 21842
Listing Updated: October 19, 2026 at 10:33:56 AM PDT