$1,800,000

207 SAINT LOUIS AVE, Ocean City, MD 21842

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Looking for the perfect investment? Look no further than 207 Saint Louis! Within the last five years, the entire property has been completely remodeled down to the studs. All new electrical and plumbing systems were installed, in addition to an updated fire sprinkler system and exterior updates like a new roof, new siding and new paving. Property consists of two buildings, one main building containing ten bedrooms and a rear building containing two additional units and the addition of a $75,000 commercial on-site laundry facility. These units have been fully rented each season, resulting in just over $150,000 in income per year with the current rental schedule with opportunity for more! For ease of ownership and management, a $15,000 remote programmable lock system has been installed throughout the property and over $100,000 of commercial-grade furniture will convey. Call to schedule your showing today!

Listing Status:
Active
Data Last Updated:
July 6, 2026 at 7:16AM
Listing Office:
Coldwell Banker Realty : 4438562211
Listing Agent:
Peck Miller : 4438802341
MLS ID:
MDWO2036988
  • A/C: Central A/C
  • Heating: Forced AirElectric
  • Disability Feature: None
  • Parking: Paved ParkingPrivate
  • General: Stick Built
  • Originating MLS: BRIGHT_MAIN
  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • County: WORCESTER-MD
  • Zoning: DR2410030846
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Peck Miller , Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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