Ocean City, MD 21842,707 WILMINGTON LN
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Ocean City, MD 21842,707 WILMINGTON LN
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Listed by Nicholas Preziosi • Long & Foster Real Estate, Inc.
$ 835,000
Est. payment /mo
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Under Contract

707 WILMINGTON LN Ocean City, MD 21842

5,219 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,219 sqft

Price per Sqft $159

MLS Listing ID MDWO2032066

Year Built 1930

Available Date 2025-09-17

Annual Tax Amount $6,491

Tax Year 2024

Lot Size 4,586 Sqft

Acres 0.11

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Prime Investment Opportunity – 7-Unit Multifamily Property in Downtown Ocean City. This apartment building contains 4 - efficiency units, 2 - one bedroom units , and 1 - three bedroom unit. Zoned LC-1 (Local Commercial District), the property allows for a variety of residential and commercial uses.

Location

State MD

County Worcester

Area Ocean Block (82)

Zoning LC-1

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Worcester County Public Schools

Others

Tax ID 2410033799

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


Bright MLS (BMLS)
agent

Cara Pearlman

+1(202) 641-3008

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707 WILMINGTON LN