Ocean City, MD 21842,109 SOMERSET ST #5 B 2
Ocean City, MD 21842,109 SOMERSET ST #5 B 2
Ocean City, MD 21842,109 SOMERSET ST #5 B 2
Ocean City, MD 21842,109 SOMERSET ST #5 B 2
Ocean City, MD 21842,109 SOMERSET ST #5 B 2
Ocean City, MD 21842,109 SOMERSET ST #5 B 2
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$545,000

$549,000

0.7%
Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

1,360 SqFt


SOLD DATE : 07/01/2024

Key Details

Sold Price $545,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 1,360 sqft

Price per Sqft $400

Subdivision None Available

MLS Listing ID MDWO2020890

Sold Date 07/01/24

Style Traditional

Bedrooms 3

Full Baths 2

Half Baths 1

Condo Fees $1,000/qua

HOA Y/N N

Abv Grd Liv Area 1,360

Originating Board BRIGHT

Year Built 2002

Annual Tax Amount $3,239

Tax Year 2023

Lot Dimensions 0.00 x 0.00

Property Description

Very large townhouse with 2 bedroom 2.5 baths in desirable downtown location. Walk to beach, boardwalk, amusements, inlet, bayside water sports, festivals, restaurants, pubs, shops and more. Just 2 blocks to boardwalk and 1 block to bay, you will not need to move your car once you arrive. There is under unit 2 car assigned parking, outside shower and outside storage unit. This is a small 6 unit condominium which is self managed. Unit has newly installed Smartcore vinyl plank engineered wood flooring on the 1st floor. All furnishings convey. This could be a turnkey rental property with strong rental history. 2022 $41,191 gross income, 2023 $35,357 gross income and YTD bookings 2024 $27,417. 2024 rentals must be honored. Roof is approximately 4 years old and building exterior is very well maintained.

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning C-1

Rooms

Main Level Bedrooms 3

Interior

Interior Features Ceiling Fan(s)

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Flooring Engineered Wood, Carpet

Fireplaces Number 1

Fireplaces Type Electric

Equipment Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Stove, Washer

Furnishings Yes

Fireplace Y

Appliance Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Stove, Washer

Heat Source Electric

Laundry Main Floor

Exterior

Parking Features Covered Parking

Garage Spaces 2.0

Utilities Available Cable TV, Electric Available, Phone Available

Amenities Available Extra Storage, Reserved/Assigned Parking, Storage Bin

Water Access N

Roof Type Asphalt

Accessibility None

Total Parking Spaces 2

Garage Y

Building

Story 2

Foundation Pilings

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Worcester County Public Schools

Others

Pets Allowed N

HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Lawn Maintenance,Reserve Funds

Senior Community No

Tax ID 2410410118

Ownership Condominium

Acceptable Financing Cash, Conventional

Horse Property N

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Joyce A Melbourne Husman • Berkshire Hathaway HomeServices PenFed Realty - OP
Bought with Michael Dodson • Sheppard Realty Inc
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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