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406 14Th St Ocean City, MD 21842

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For Sale
$1,199,000

Well-maintained four-unit property with updated systems and modern amenities.

Lot size:
0.10 Acres

Property Features for 406 14Th St

General Information

Lot size
0.10 Acres
Exterior features
exterior_features, : ["Natural Gas Available", "Sewer Available"]
Interior features
Interior Feature 1, : "Central A/C", "Interior Feature 2": "Heat Pump(s)"

Building Details

Year built
1960

Source: Ocean CityOcean CityOcean City Agent Richard DiFilippoRichard DiFilippoRichard DiFilippo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Four-Unit Property with Rental Potential

This well-maintained four-unit property features updated systems, modern amenities, and rental potential. Unit 1, situated on the first floor at the front of the building, includes three bedrooms—two with queen beds and one with a twin bed—along with a new gas tankless water heater, gas forced-air heat, and window unit air conditioning. Unit 2 has a two-level layout connected by a spiral staircase, with a queen bedroom upstairs and a kitchen on the lower level, plus electric baseboard heat and window unit cooling. Unit 4, the owner’s unit, is located on the second-floor front and offers two queen bedrooms, a large side deck with an electric awning, an updated kitchen with stainless steel appliances, central air with a heat pump, and a new water heater planned for installation in 2025. Unit 5, at the rear of the second floor, features two queen bedrooms, baseboard heat, and window unit A/C, with private access via the east-side steps beside the two-car garage. The property provides six off-street parking spaces alongside the building, in front of the garage, and beneath the west-side deck, plus additional street parking. Guests also have access to two shared laundry rooms. The building has a roof replaced in 2014. This setup makes the property suitable for both owner-occupants and investors seeking rental income.
Location Intelligence

Current Use by Public Records

Port n Starboard ... Vacation Home Rental Agency

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ocean City
County
Worcester
State
Maryland
Longitude
-75.0834679
Latitude
38.3457255

FAQs

What type of property is this?
Quadplex - Well-maintained four-unit property with updated systems and modern amenities.
Where is this quadplex located?
The property is located at 406 14Th St Ocean City, MD.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: - Estimated $122,000 seasonal rental income.; - Four-unit property with updated systems and modern amenities.; - Owner's Unit 4 features an updated kitchen with stainless steel appliances, central air with a heat pump, and a large side deck with an electric awning.
More about this property
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