5908 Coastal Highway
Ocean City,
MD
21842
Property Details
List Price: |
$3,700,000 |
Beds: |
20 |
Baths: |
20 |
Status: |
Active |
SqFt: |
2022 |
Agency: |
Redfin Corporation |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
2007 |
Notes: |
An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential. |
MlsNumber: |
MDWO2018470 |
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Listing Provided By: |
Redfin Corporation, original listing |
Name: |
Redfin Corporation |
Phone: |
(571) 477-1630 |
Office Name: |
Redfin Corp |
Office Phone: |
(301) 658-6186 |
Agent Name: |
Berna Kimber |
Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |