405 Philadelphia Avenue Unit #25, Ocean City, MD 21842
- $300,000
- 2
- BD
- 1
- BA
- 456
- SqFt
- Sold Price
- $300,000
- List Price
- $315,000
- Closing Date
- Feb 22, 2024
- Days on Market
- 41
- Status
- CLOSED
- MLS#
- MDWO2017684
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 456
- Style
- Cottage
- Year Built
- 1940
- County
- Worcester
- School District
- Worcester County Public Schools
Property Description
Downtown coastal cottage in the heartbeat of OC! This modern & updated detached home is the absolute dream low maintenance vacation property &/or investment opportunity. This charming pad is incredibly unique to downtown, only 2 two blocks to the beach/boardwalk action and literally next door to the gorgeous new downtown park with free basketball courts, tennis & pickle ball courts, skatepark, playground & picnic area all while overlooking the gorgeous sunsets over the open bay! Recent updates include 3 LG ductless heat & air system, SS appliances, newer shingle roof, tile shower w/ bluetooth speaker, exterior storage shed and new deck & slider. Property also conveys fully furnished, has an electric fireplace, parking pass, onsite laundry, in season security, outdoor shower & yes access to the community pool! (Per management) Engineer report clean & unlike most "condos" in OC this unit is only responsible to mainatain reserves for their home & limited common areas, not the other units/buildings within community, what a bonus considering the updates already in place! Fees are only temporarily raised to build the reserves according to new Maryland law, reserves will be plentiful & any future updates for this cottage will come from that fund. Community is professionaly maintained & managed. Yes, this is the affordable investment property in OC you have been waiting for!
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Additional Information
- Area
- Bayside Interior (83)
- Subdivision
- Hitchens & Trimper
- Building Name
- Parrot Bay
- Taxes
- $1221
- Condo Fee
- $619
- Amenities
- Laundry Facilities, Pool - Outdoor
- School District
- Worcester County Public Schools
- Community Amenities
- Laundry Facilities, Pool - Outdoor
- Heating
- Other
- Heating Fuel
- Electric
- Cooling
- Ductless/Mini-Split
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty-WOC. Contact: (410) 520-2600
Selling Office: .