Doug Karn
BEDS4
BATHS3 full
SQUARE FEET2,080
MLS#MDWO2040236
STATUSCOMING SOON
PROPERTY TYPEResidential - Single Family
SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS
Property Description
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.
Property Features
Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Window Unit(s)
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.08 Acres
Stories: 2.0
Taxes: $3,022
Year Built: 1930
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Dryer, Oven/Range - Electric, Washer, Water Heater
Building Name: NONE AVAILABLE
Electric: 200+ Amp Service
Interior: Attic,2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen
Lot Dimensions: 0.08 Acre(S)
Municipality: Ocean City
Pet Restrictions: No Pet Restrictions
Sewer: Public Sewer
SQFT Above Finished: 2080
SQFT Total Finished: 2080
Structure Type: Detached
Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available
Water: Public
Local Schools
High School: STEPHEN DECATUR
School District: WORCESTER COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 4438562211
Shown By
Agent Name: Doug Karn
Agent Phone: Cell: (301) 991-2151
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 3,524.24 per month $2,893.24 Principal & Interest $251.83 Property Tax $379.17 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
106 Philadelphia Avenue | MLS# MDWO2040236
This single family home located at 106 Philadelphia Avenue, Ocean City, MD 21842 is currently listed for sale with an asking price of $1,300,000. This property was built in 1930 and has 4 bedrooms and 3 full baths with 2080 sq. ft. Philadelphia Avenue is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Ocean City real estate on www.dougkarn.com today.