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… Read More 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. Read Less
Courtesy of Shawn Kotwica, Coldwell Banker Realty 443-856-2211
Listing Snapshot
Days Online
28
Last Updated
Property Type
Single Family Residential
Beds
4
Full Baths
3
Square Ft.
2,080
Lot Size
0.08 Acres
Year Built
1930
MLS Number
MDWO2040236
Additional Details
Appliances & Equipment
Built-In Microwave, Dryer, Oven/Range - Electric, Washer, Water Heater
Building
Built in 1930, Living area: 2080, Levels: 2
Cooling
Ceiling Fan(s), Window Unit(s)
Accessibility Features
None
Foundation
Crawl Space
Heating
Baseboard - Electric
Interior Features
Attic, 2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen
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