406 14TH ST Ocean City, MD 21842
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWO2033672
Year Built 1960
Annual Tax Amount $6,074
Tax Year 2024
Lot Size 4,200 Sqft
Acres 0.1
Lot Dimensions 0.00 x 0.00
Property Sub-Type Other
Source BRIGHT
Property Description
Local Rental Company estimates $122,000 potential seasonal rental income.
Unit 1, located on the first floor at the front of the building, features three bedrooms—two with queen beds and one with a twin bed—along with a brand-new gas tankless water heater, gas forced-air heat, and window unit air conditioning. Unit 2 is a unique two-level layout connected by a spiral staircase, with a queen bedroom upstairs, kitchen on the lower level, electric baseboard heat, and window unit cooling. The owner's Unit 4 occupies the second-floor front and boasts two queen bedrooms, a large side deck with an electric awning, an updated kitchen with stainless steel appliances, central air with a heat pump, and a new water heater installed in 2025. Unit 5, at the rear of the second floor, includes two queen bedrooms, baseboard heat, and window unit A/C, with private access via the east-side steps beside the two-car garage. The property provides six off-street parking spaces—alongside the building, in front of the garage, and beneath the west-side deck—plus additional street parking. Guests also enjoy access to two shared laundry rooms, and the building is supported by a roof replaced in 2014. This versatile setup makes the property appealing for both owner-occupants and investors seeking strong rental income.
Location
State MD
County Worcester
Area Bayside Interior (83)
Zoning R-2
Interior
Hot Water Electric, Instant Hot Water
Heating Heat Pump(s)
Cooling Central A/C
Flooring Carpet, Vinyl
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 8.0
Utilities Available Natural Gas Available, Sewer Available
Water Access N
Street Surface US Highway/Interstate
Accessibility None
Total Parking Spaces 8
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Worcester County Public Schools
Others
Tax ID 2410040876
Ownership Fee Simple
Special Listing Condition Standard
GET MORE INFORMATION