Property

Ocean City, MD 21842 15 57Th Street

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Presented By: Keller Williams Realty
  • MLS# MDWO2035116
  • 12/01/2025
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  • Beds • 8

Home Details

What else do you need? Incredible investment opportunity for a owner who would like to have 4 FULLY furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property to be utilized for parking. Super easy commuting with bus stops out front on Coastal and FREE PARKING!!! All items including roof, hvac, full interior of all units have all been renovated and newer appliances within the last 5 years! 100 yards off the sandy beaches and with this property, you will NEVER have to cross Coastal Highway to get to the beach safely! This is a PRIME opportunity for one lucky buyer! Good luck and schedule your showing sooner than later!!! ***Currently only rented during summer months*** This building is able to be utilized in WINTER/SUMMER for both short term and long term rentals. Current owners have just chosen to only rent in the summer since they have owned*** Numbers only reflect summer rentals.
Presented By: Keller Williams Realty

Interior Features for 15 57Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsAll
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 15 57Th Street

Acceptable FinancingCash, Conventional
AccessibilityOther
Architectural StyleCoastal
CityOCEAN CITY
Construction MaterialsAdvanced Framing
Cool FuelElectric
CoolingCentral A/C
CountyWORCESTER
DirectionsGPS 57th Street Ocean side of Coastal. Blue Quadraplex on your right as you turn onto 57th.
Garage Y/NNo
Gross Income110000.00
HeatingForced Air
Lease TypeNone
Living Area2560
Lot Size Square Feet6000.00
Lot Size UnitsSquare Feet
MLS AreaOcean Block (82)
MunicipalityOcean City
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnerPaysAll Utilities
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG544.92
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofArchitectural Shingle
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount10376.0
Tax Assessed Value741367.0
Tax Lot23
Tax Year2024
Total Actual Rent100000.00
Total Rooms8
Total SQFT2560
TransportationBus Stop less than 1 mile
Trash Expense0.00
Two Bedroom4
UtilitiesCable TV
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1965
Year Built SourceEstimated
ZoningR3

Exterior for 15 57Th Street

Foundation DetailsPermanent
InclusionsFurniture included
Land Use CodeM
Lot Dimensions0.00 x 0.00
Lot FeaturesCorner
Lot Size Acres0.14
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Pool Charge0.00
SpaNo
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Stephen Decatur Middle School
High School Stephen Decatur High School
Elementary School Ocean City Elementary School

YOLANDA CASSIDY-BOGAN

Associate
Price $1,395,000
MLS#MDWO2035116
List Date 12/01/2025
Property Type Multi-Family
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