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1617 Saint Louis Avenue

OCEAN CITY, MD 21842
  • $1,600,000
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: MDWO2030988
$1,600,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Waterfront Multi-Unit Investment Opportunity " Prime OC LocationDont miss this rare chance to own a waterfront 6-unit income-producing property in the heart of Ocean City, just two blocks from the world-famous White Marlin Open.This well-maintained building includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently operating as long-term rentals with solid tenant history and consistent cash flow.Situated directly on the water, the property provides excellent appeal for both current tenants and potential short-term rental conversion. The unbeatable location places you just short walk from the beach, Boardwalk, dining, and entertainment, making it ideal for maximizing rental demand.Whether youre looking to expand your portfolio or break into the Ocean City market, this property offers strong income potential with room to grow.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nomis Group International | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-07-10T23:53:31.21.
www.homesbynomis.com/homes/164065480
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1617 Saint Louis Avenue OCEAN CITY, MD 21842

  • Price: $1,600,000
  • Status: Active
  • On Site: 50 Days
  • ID#: MDWO2030988
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1950
Built
Neighborhood:
Bayside Waterfront (84)
County:
Worcester
Area:
Bayside Waterfront (84)
School District:
Worcester County Public Schools
Property Description
Waterfront Multi-Unit Investment Opportunity " Prime OC LocationDont miss this rare chance to own a waterfront 6-unit income-producing property in the heart of Ocean City, just two blocks from the world-famous White Marlin Open.This well-maintained building includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently operating as long-term rentals with solid tenant history and consistent cash flow.Situated directly on the water, the property provides excellent appeal for both current tenants and potential short-term rental conversion. The unbeatable location places you just short walk from the beach, Boardwalk, dining, and entertainment, making it ideal for maximizing rental demand.Whether youre looking to expand your portfolio or break into the Ocean City market, this property offers strong income potential with room to grow.
Exterior Features

Construction Materials Vinyl SidingStick Built Garage YN No Location Type Downtown Parking Types Parking Lot Road Surface Type Concrete Roof Architectural Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3685.00 Cooling Window Unit(s) Flooring Laminated Heating Baseboard - Electric Heating YN Yes Net Square Feet 3860.00 Security Features Surveillance Sys

Property Features

Acceptable Financing CashConventionalSeller Financing Accessibility Features 2+ Access Exits Central Air YN No Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Natural Gas Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 803872512642 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 8250.00 Vacation Rental YN No Water Source Public Year Built Effective 2012 Zoning R-2

Listing courtesy of Coldwell Banker Realty: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nomis Group International | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-07-10T23:53:31.21.
 
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Nomis Group International | eXp Realty
9864 Main St
Fairfax VA, 22031