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407 Philadelphia Avenue , #31

OCEAN CITY, MD 21842
  • $199,900
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: MDWO2018338
Price Reduced
UPDATED: 48 min ago
$199,900
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 299
    SQFT
  • $669
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:

School Information

Elementary School:
Middle School:
High School:

Description

INVESTOR ALERT! This well maintained coin laundromat is in the perfect downtown location with so much potential. The space was recently updated with new flooring. The building has 6 washers and 7 dryers all recently cleaned and serviced by Easco Laundry Systems. The laundromat also Includes a 4 camera security system, a bill to coin machine, and a coin laundry detergent dispenser. Annual income ranges between $12k-$16k annually. Its current use is a laundromat, but there is an opportunity to convert it into an efficiency with great rental potential. Complete with one parking space and access to the Parrot Bay Community Pool. Only 2 blocks from the beach and boardwalk! Do not miss out on this unique opportunity!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Lake Ridge. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-29T14:56:18.157.
www.ajteamrealty.com/homes/146546312
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407 Philadelphia Avenue , #31 OCEAN CITY, MD 21842

  • Price: $199,900
  • Status: Active
  • On Site: 49 Days
  • Updated: 48 min ago
  • ID#: MDWO2018338
1
Beds
1
Baths
0
½ Baths
N/A
Acres
299
SQFT
$669
$/SQFT
2007
Built
Neighborhood:
None Available
County:
Worcester
Area:
Bayside Interior (83)
Elementary School:
Ocean City
Middle School:
Stephen Decatur
High School:
Stephen Decatur
School District:
Worcester County Public Schools
Property Description
INVESTOR ALERT! This well maintained coin laundromat is in the perfect downtown location with so much potential. The space was recently updated with new flooring. The building has 6 washers and 7 dryers all recently cleaned and serviced by Easco Laundry Systems. The laundromat also Includes a 4 camera security system, a bill to coin machine, and a coin laundry detergent dispenser. Annual income ranges between $12k-$16k annually. Its current use is a laundromat, but there is an opportunity to convert it into an efficiency with great rental potential. Complete with one parking space and access to the Parrot Bay Community Pool. Only 2 blocks from the beach and boardwalk! Do not miss out on this unique opportunity!
Exterior Features

Architectural Style Traditional Construction Materials BlockFrameStick Built Exterior Features Flood Lights Garage YN No Lot Features Backs - Open Common Area Parking Types Parking Lot Pool Yes - Community Property Condition Very Good Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 299 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall Unit Fireplace YN No Furnished Yes Heating Baseboard - Electric Heating YN Yes Inclusions Sold as seen - 6 washers7 dryersbill to coin machinelaundry detergent dispenser Interior Features Chair Railings Laundry Type Washer In UnitDryer In UnitHas Laundry Levels 1 Main Level Bedrooms 1 Pets Allowed No Pet Restrictions Security Features 24 hour securityExterior Cameras Walls Ceilings Dry Wall

Property Features

Acceptable Financing Cash Accessibility Features Doors - Lever Handle(s) Assessment Year 2023 Association Amenities CableCommon GroundsLaundry FacilitiesPool - OutdoorSecuritySwimming Pool Association Fee Includes Cable TVCommon Area MaintenanceLawn MaintenanceManagementPest ControlPool(s)Trash Association Fee2 676.00 Association Fee2 Frequency Quarterly Association YN No Central Air YN No Condo YN Yes Cooling Fuel Electric Federal Flood Zone YN Yes Foundation Details BlockCrawl Space Heating Fuel Electric Historic YN No Horse YN No Hot Water Electric Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 802808296760 Ownership Interest Condominium Pets Allowed YN Yes Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 168.00 Tax Assessment Amount 11900.00 Tax Lot 31 Transportation Bus Stop less than 1 mile Utilities Cable TV AvailableElectric AvailableWater Available Vacation Rental YN No Water Source Public Zoning LC-1

Listing courtesy of ERA Martin Associates, Shamrock Division: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Lake Ridge. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-29T14:56:18.157.
 
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