$485,000 $2,604 est/mo Sourced by Back At You

161 Captains Quarters Rd #103,Ocean City, MD 21842

Ocean City MD, 21842

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Description

Major Price Reduction... Welcome to paradise! This is an amazing opportunity to purchase a fully renovated 3-story end-unit townhome with sunset views and balconies galore! This property has it all - 3 spacious bedrooms with balconies (two master bedrooms), 2.5 bathrooms, back deck, a large carport with storage, and an association pool just steps away. In 2023, the Harbour Sails townhouses completed a major exterior renovation, including all new Hardie Board plank siding, wood decking, railings, and stairs. Inside are newer LVP floors throughout and recently renovated kitchen and baths. PLUS new windows, sliding doors, and window A/C units. This property comes fully furnished with lovely beach décor and ready to be used immediately, or used as a rental the summer season of 2024. Gross income for the past three years was $24,070 (2023), $40,778 (2022), and $26,484 (2021) during the high season only. Projected income for 2024 is $14K with potential for additional earnings. Only 8 weeks are currently rented with June and August being open for new owner use! Booking can be conveyed if desired. Sold fully furnished and turn-key. Enjoy easy access to the beach, shopping, and restaurants just a short stroll away. At the top of the street is Jamestown Park for crabbing and fishing, The Original Greene Turtle, Fractured Prune and more! This property is centrally located with easy access on and off the island by Lighthouse Road or RT 90 bridge. Harbor Sails Association is a well managed HOA. There are no assessments due from the upgrades, and the reserve study has been completed. Whether you're seeking a full-time residence, a vacation getaway, or an investment opportunity, this townhome has it all! Don't miss out on the opportunity to experience bayside living at its finest. The owners have taken meticulous and loving care of this property and it shows! Call or message me for more information or a private showing.

Details

MLS#MDWO2020980
Listing TypeFor Sale
StyleTown House
Building NameHarbor Sails
Suite Number1
Sub-TypeResale
StatusActive Under Contract
Year1985
Days On Site68
Listing Provided ByCoastal Life Realty Group LLC | Jay Pierorazio
Buying Commision2.5% Of Gross

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,120
Story(s)3
ZoningR-2

Market Activity 21842

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Learn More About This Property

StateMD
CountyWorcester
CityOcean City
Zip Code21842
AreaBayside Interior
Community NameNon Development
School DistrictWorcester County Public Schools
Listing VS Median (in Non Development)
Price:
$485,000
low | high
Med:
$472,500
52.577319587629% of Average
SqFt:
1,120
low | high
Med:
905
69.196428571429% of Average
$ / SqFt:
$433
low | high
Med:
$522
29.432704904027% of Average
On Site:
68
low | high
Med:
71.000000
95.774647887324% of Average
Sourced by Back At You
Listing Updated: July 21, 2024 at 3:12:37 AM PDT