409 Saint Louis Avenue, Unit 53Ocean City, MD 21842Price: $229,990

  • Price: $229,990
  • Est. Mortgage of $/month
  • 41 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $229,990List Price
  • 1Bedrooms
  • 1Bathrooms
  • 588Square Feet
Price Reduced! Attention Investors! This Turn-Key 1 Bedroom condo has a Strong Rental History, grossing just under $23,000 in 2023 with the potential to do as much as $35k like other units in the building, when given a modern remodel! This adorable Downtown retreat is nestled on the corner of Saint Louis Ave and 5th St - just 2 Blocks from the Beach and Boardwalk. As an End Unit on the First Floor, this condo offers unparalleled convenience with its proximity to Bayside Park, Boardwalk, Ball Fields, Play Ground, Basketball Court and OC Skate Park. Enjoy access to the Parrot Bay Pool, Laundry Facility and Overflow Parking Lot just across the street. An in-season On Site Security Manager walks the property daily, maintaining order, monitoring the pool, common areas and parking management. The Condo Association has done several updates to the building in recent years, including <10yr old Roof and Siding on North portion of building, plus all new Decking just done in 2023. Reserve Study has been completed and projects for 2024 include New Siding on the South portion of the building, New 5th St. west Stairwell and Window casings. Condo has been Pre-Inspected and Full Inspection Report is On Site. Schedule your Showing today - just in time to have your own Beach Retreat or ideal Investment property in time for the Spring/Summer season!

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