MD
WORCESTER
OCEAN CITY
21842
5 48TH STREET 25
5 48TH STREET 25, OCEAN CITY, MD 21842
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Listing Type
Condo/Townhome
Listing Status
active
97
$975,000

Home Details for 5 48TH STREET 25

Price
$975,000
Type
Residential
Bedrooms
5
Bathrooms
4.0
Square feet
2145
Year built
1966
County
WORCESTER
Garage
Days on site
96
MLS Listing#
MDWO2027194
Listing Courtesy: Berkshire Hathaway HomeServices PenFed Realty - 410-524-7000
Property Description

BRAND NEW HVAC! UPGRADED KITCHEN! UPGRADED BATHROOMS! Incredible investment opportunity. This unique townhome is in oceanfront Ocean Colony complex - located in popular Mid-Town. Entry level has a one bedroom efficency, perfect for guests or even rent out separately, with own outside entrance. If you like balconies and decks - this is your happy place. On the living level, there is a large deck off the living room and a balcony off the main level bedroom (great for sunsets). On the next floor there are two bedrooms, each with own deck (one for sunsets, one for sunrises). On the top level, there is a bedroom and a sitting room/den, which could be used as an extra bedroom, and there is a huge balcony with awesome ocean views. Ocean Colony has a beautiful pool, and lots of green common space. This is always one of the most sought-after communities in town. There is carport parking, and also reserved parking and off street permit parking. And the rental potential is huge. Owners don't rent, but estimated GRI is $70,000-$85,000. Updated kitchen, bathrooms, LVP flooring, New HAVC (installed Dec2024) - Great investment - Great Vacation Home - Great Primary Residence - Or live upstairs/Rent Downstairs...Act fast!

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Property Features
  • Parking
    • Off Street
    • Permit Required
    • Underground
    • Assigned
    • Attached Carport
    • Parking Lot
    • Attached
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Wall Unit(s)
    • Electric
  • Heating Information
    • Electric
    • Central
    • Heat Pump
  • House Interior
    • Ceiling Fan(s)
    • Walk-In Closet(s)
    • Beamed Ceilings
  • Waterfront and Water Access
    • Ocean Front
  • Water Features
    • Public
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Last Updated: 2025-01-31 14:30:46
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EXIT ON THE BAY REALTY
122 Cedar Street, Cambridge, MD 21613
Office
410 228 2900
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