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Key Facts

Type Quadruplex
Levels Residential Income
Size 2744 sqft
Garage No
Taxes $6,743
Days Active 9
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $484
MLS® Number MDWO2032146

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Two Parcels For Sale Updated Multi-Unit Property + Rare Lot Development Opportunity in Downtown OC. Located just two blocks from the beach, boardwalk, and the heart of Ocean City’s entertainment district, 205 10th Street and its adjacent buildable lot offer a unique combination of immediate rental income and long-term development potential. The fully updated 2, 744 sq. Ft. Building includes four move-in-ready units: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit has its own porch and is furnished with updated appliances and stylish, coastal-inspired décor, providing a relaxed and inviting experience for guests or tenants. The building has undergone significant renovations, including a full new front façade with three levels of decks, new vinyl rails and steps, a new roof, and interior upgrades throughout. A shared, coin-operated laundry facility on-site offers added convenience and generates additional revenue. What truly sets this property apart is the inclusion of one of the last remaining buildable lots in downtown Ocean City—offering a rare chance to expand with additional rental units or custom development. Whether you’re an investor seeking reliable cash flow or a developer looking to build in one of the East Coast’s most visited beach towns, this package delivers both present-day performance and future upside in a walkable, high-demand location.Show Description
MLS® NumberMDWO2032146
Laundry Level
Central VacNo
FireplaceNo
Acreage0.31
ExteriorExterior Lighting, Fire Escape, Play Area, Sidewalks, Street Lights
GarageNo
Approx. Age1950
Basement
DrivewayCrushed Stone, Fenced, Free, Lighted Parking, Private, On Street, Parking Lot
Garage Spaces
HeatWall Unit, Baseboard - Electric, Natural Gas, Electric
A/CDuctless/Mini-Split, Ceiling Fan(s), Window Unit(s), Natural Gas, Electric
Heating Fuel

Extras

Sold AS IS

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