AIRBNB - OC Condo - Was Renting for $1500/Week In Season

Worcester County, Ocean City, MD, 21842
Sold
Listed at: November 28th, 2022
Price
$143,999
ARV
$200,000
Gross Margin
$56,001
Sq. Footage
507
Type
Condo
Parking
Unassigned
Year build
1940
Lot size
0 acres
Bedrooms
1
Bathrooms
1
Half Bathrooms
0
Summary

AIRBNB OPPORTUNITY - OWN AT THE BEACH AND MAKE LOTS OF MONEY TOO


- 1st Floor Unit 

- 1 Bedroom 

- 1 Bathroom

- Baseboard Heat and Window AC Units 

- 507 sqft (updated in 2006 when purchased by current owner) 

- Newer Windows 

Was rented for $1500/week in season

- Condo Fee: $1,040/Quarter (common expenses, cable TV, flood insurance, repair and maintenance for Building, and gas) 

- Big Pool located 5 steps from the condo

- Currently rented until October 2023 for $1140/mo - tenant would consider a buyout before summer so buyer can keep revenue coming in until then 

- Multiple Parking Lots for the Parrot Bay Community that requires a pass, however parking is not assigned

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Daniel Hood

No reviews

Disposition manager