205 10TH ST new to site Save Request In-Person Tour Request Virtual Tour
Ocean City,MD 21842
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,744 sqft
Price per Sqft $484
MLS Listing ID MDWO2032146
Style Coastal
Year Built 1950
Available Date 2025-08-01
Annual Tax Amount $6,743
Tax Year 2024
Lot Size 0.310 Acres
Property Sub-Type Detached
Property Description
Two Parcels For Sale Updated Multi-Unit Property + Rare Lot Development Opportunity in Downtown OC. Located just two blocks from the beach, boardwalk, and the heart of Ocean City's entertainment district, 205 10th Street and its adjacent buildable lot offer a unique combination of immediate rental income and long-term development potential. The fully updated 2,744 sq. ft. building includes four move-in-ready units: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit has its own porch and is furnished with updated appliances and stylish, coastal-inspired décor, providing a relaxed and inviting experience for guests or tenants.
The building has undergone significant renovations, including a full new front façade with three levels of decks, new vinyl rails and steps, a new roof, and interior upgrades throughout. A shared, coin-operated laundry facility on-site offers added convenience and generates additional revenue. What truly sets this property apart is the inclusion of one of the last remaining buildable lots in downtown Ocean City—offering a rare chance to expand with additional rental units or custom development. Whether you're an investor seeking reliable cash flow or a developer looking to build in one of the East Coast's most visited beach towns, this package delivers both present-day performance and future upside in a walkable, high-demand location.
Location
State MD
County Worcester
Area Bayside Interior (83)
Zoning R-2
Interior
Hot Water Electric,Natural Gas
Heating Wall Unit,Baseboard - Electric
Cooling Ductless/Mini-Split,Ceiling Fan(s),Window Unit(s)
Flooring Ceramic Tile,Luxury Vinyl Plank
Inclusions Sold AS IS
Equipment Built-In Microwave,Built-In Range,Compactor,Cooktop,Dishwasher,Disposal,Dryer,Refrigerator,Washer,Water Heater
Exterior
Exterior Feature Balconies- Multiple,Deck(s)
Utilities Available Natural Gas Available,Cable TV Available,Phone Available
Water Access N
View City,Street
Roof Type Architectural Shingle
Building
Lot Description Cleared,Corner,Level,Premium,Road Frontage
Foundation Crawl Space,Block
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Special Listing Condition Standard