More property info for 1215 Atlantic Ave
- Investor Alert! Located on Ocean City, Maryland's world-famous boardwalk, this spacious oceanfront apartment building holds endless opportunities. This 6000 sq. ft. building and 7100 sq. ft. lot features five separate apartments and 8 parking spaces making it an ideal opportunity or rental investment or reconstruction. The 3-story property includes a total of 15 bedrooms, 8 bathrooms, 5 kitchens, and oversized oceanfront porches with picturesque ocean views. Each unit is unique, incorporating hardwood floors, grand fireplaces, remodeled bathrooms, and updated kitchens. There are 2 oceanfront, 4 bedroom/2 bath units with expansive great rooms and dining rooms. 1 street level 4 bedroom/2 bath walkout with a private patio. 1 2 bedroom/1 bath street level and a 1-bedroom carriage house. The property has excellent rental potential. The second season rental income potential allows for a year-round income stream. Over $150, 000 in renovation upgrades have been done in the past 7 years making it turnkey business ready the day of settlement. The 11-year-old roof offers defense against winds up to 140mps. Indulge in a piece of Ocean City's history or redevelop to suit your needs. Call to make an appointment today before you miss out on this amazing opportunity!
- Above Grade Fin SQFT: 6000
- Architectural Style: Coastal
- Bathrooms Full: 8
- Below Grade Fin SQFT: 0
- Below Grade Finished Area Units: Square Feet
- Fireplaces Count: 2
- Interior Features: Additional Stairway, Carpet, Dining Area, Entry Level
- Levels Count: 3
- Wall & Ceiling Types: Dry Wall, Plaster Walls
- Exterior Features: BBQ Grill, Exterior Lighting, Secure Storage
- Lot Size Acres: 0.16
- Lot SQFT: 7100.00
- Navigable Water YN: Yes
- Parking Features: Paved Parking
- Roof: Architectural Shingle
- View: Ocean
- Water Access Features: Public Beach
- Water Access YN: Yes
- Water Body Type: Ocean
- Water Oriented YN: Yes
- Waterfront YN: Yes
- Elementary School: OCEAN CITY
- High School: STEPHEN DECATUR
- Middle Or Junior School: STEPHEN DECATUR
- School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
- Cooling Fuel: Electric
- Cooling Type: Central A/C
- Heating Fuel: Electric
- Heating Type: Heat Pump(s)
- Hot Water: Electric
- Sewer Septic: Public Sewer
- Water Source: Public
- Buyer Agent Full Name: Jenny Sheppard
- Buyer Office Name: Sheppard Realty Inc
- Co Buyer Agent Full Name: brittany nicole carver
- Co Buyer Office Name: Sheppard Realty Inc
- List Agent Full Name: Mechelle Nichols
- List Office Name: Berkshire Hathaway HomeServices PenFed Realty
- List Office Phone: 4105247000
1215 Atlantic Ave Map Location
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty
Information obtained from Bright MLS is current as of 5/2/2024 6:14 PM.