CHARIS REALTY GROUP

Other

106 PHILADELPHIA AVENUE

OCEAN CITY, MD 21842

MLS#: MDWO2040236

$1,300,000

Status: Active
Listing number: MDWO2040236
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: a month ago
On site: a month ago
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NONE AVAILABLE - Residential

Property

Beds

4

Full Baths

3

1/2 Baths

None

Year Built

1930

Sq.Footage

2,080

Unlock exceptional income potential in the heart of downtown Ocean City with this versatile 4-bedroom, 3-bath single-family home at 106 Philadelphia Avenue. Built in 1930 and offering approximately 2,080 square feet of living space on a 3,275-square-foot lot, this property sits just two blocks from the beach and two blocks from the bay—placing you steps from the Boardwalk, restaurants, shops, nightlife, and the best of coastal living. What sets this property apart is its flexible multi-level layout designed for maximum rental returns or hybrid owner-occupant use. Each floor features its own bedrooms, full baths, and kitchen, along with independent front and rear entries. Live in one level while renting the other, or operate the entire home as a high-demand short-term vacation rental or steady year-round investment. The attic provides additional conversion potential for even more living or rental space. With parking for up to four vehicles, ceiling fans, and essential appliances including washer, dryer, range/oven, and microwave, the home is ready for immediate use. Whether you’re seeking a primary residence that generates supplemental income, a pure investment property, or a combination of both, 106 Philadelphia Avenue delivers strong income-producing potential in one of Ocean City’s most desirable downtown locations.Don’t miss this rare opportunity to own a flexible, cash-flow-friendly property in the heart of Ocean City.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    4

  • Bathrooms

    3

  • Above Grade Finished Area

    2080.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

  • Main Level Bedrooms

    1

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    Off Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.08

  • Lot Size(square feet)

    3,275

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Other

Price

  • Sales Price

    $1,300,000

  • Tax Amount

    $3,022

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    2,080

  • Price/SqFt

    $625

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    STEPHEN DECATUR

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

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Location

County

WORCESTER

Elementary School

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High School

STEPHEN DECATUR

Listing Courtesy of Shawn Kotwica, Coldwell Banker Realty

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Agent Derek Benjamin

Salesperson, Realtor

Derek Benjamin

Call Derek today to schedule a private showing.

(301) 712-8962

derek@wolfeteam.net


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Unlock exceptional income potential in the heart of downtown Ocean City with this versatile 4-bedroom, 3-bath single-family home at 106 Philadelphia Avenue. Built in 1930 and offering approximately 2,080 square feet of living space on a 3,275-square-foot lot, this property sits just two blocks from the beach and two blocks from the bay—placing you steps from the Boardwalk, restaurants, shops, nightlife, and the best of coastal living. What sets this property apart is its flexible multi-level layout designed for maximum rental returns or hybrid owner-occupant use. Each floor features its own bedrooms, full baths, and kitchen, along with independent front and rear entries. Live in one level while renting the other, or operate the entire home as a high-demand short-term vacation rental or steady year-round investment. The attic provides additional conversion potential for even more living or rental space. With parking for up to four vehicles, ceiling fans, and essential appliances including washer, dryer, range/oven, and microwave, the home is ready for immediate use. Whether you’re seeking a primary residence that generates supplemental income, a pure investment property, or a combination of both, 106 Philadelphia Avenue delivers strong income-producing potential in one of Ocean City’s most desirable downtown locations.Don’t miss this rare opportunity to own a flexible, cash-flow-friendly property in the heart of Ocean City.

106 PHILADELPHIA AVENUE

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