$300,000
$315,000
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405 PHILADELPHIA AVE #25 Ocean City, MD 21842
2 Beds
1 Bath
456 SqFt
Key Details
Sold Price $300,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 456 sqft
Price per Sqft $657
Subdivision Hitchens & Trimper
MLS Listing ID MDWO2017684
Sold Date 02/22/24
Style Cottage
Bedrooms 2
Full Baths 1
Condo Fees $619/mo
HOA Y/N N
Abv Grd Liv Area 456
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $1,221
Tax Year 2023
Lot Dimensions 0.00 x 0.00
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!
Location
State MD
County Worcester
Area Bayside Interior (83)
Zoning R3
Direction North
Rooms
Main Level Bedrooms 2
Interior
Hot Water Electric
Heating Other
Cooling Ductless/Mini-Split
Furnishings Yes
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 1.0
Amenities Available Laundry Facilities, Pool - Outdoor
Water Access N
Accessibility 32\"+ wide Doors
Total Parking Spaces 1
Garage N
Building
Story 1
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Worcester County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Insurance,Management,Pool(s)
Senior Community No
Tax ID 2410749387
Ownership Condominium
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
Pets Allowed Dogs OK, Cats OK
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Bought with Whitney Jarvis • Coldwell Banker Realty