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205 10th St , Ocean City, MD 21842
$799,000
Est. Payment: $4,252.61/mo
7 Bed
2744 Sqft
0.31 Acres
Status: active under contract | Days on site: 442
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630KWR04 - 3256010
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House Description

Large price drop due to the fact that the building is not being sold with the lot next door. Just the multi family home for sale. A rare chance to own a fully updated four-unit investment property just two blocks from the beach and Boardwalk in downtown Ocean City. Located at 205 10th Street, this 2,744 sq. ft. property offers four move-in-ready units with a versatile mix of accommodations: 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. The property has undergone significant renovations inside and out, including a completely updated front façade with three levels of decks, new vinyl railings and steps, a new roof, interior upgrades throughout, and a new kitchen in Unit 1. Each unit has its own porch and is furnished with updated appliances and coastal-inspired décor. A shared coin-operated laundry facility provides an added convenience for tenants and guests while creating an additional source of revenue. With four separate units and a highly walkable downtown location close to the beach, Boardwalk, restaurants, nightlife, shopping, and Ocean City attractions, 205 10th Street offers multiple possibilities for vacation rentals, seasonal rentals, or a combination of investment and personal use. For an investor looking for an established multi-unit property in one of Ocean City’s most desirable rental areas, this one deserves a closer look.

Highlights

Listed by Spike Sands , 4432350489 Berkshire Hathaway HomeServices PenFed Realty - OP , 4102083500. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.31

Year Built

1950

County

Worcester

Area

Bayside Interior (83)

School District

Worcester County Public Schools

Listing ID

MDWO2032146

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
Appliances:Built-In Microwave, Built-In Range, Compactor, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater
Air Cond:Ductless/Mini-Split,Ceiling Fan(s),Window Unit(s)
Fireplaces:
Floor:Ceramic Tile,Luxury Vinyl Plank
Above Ground Sq Ft:2744
Other:
  • ▪ Additional:Additional Stairway, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Wood Floors
Water:Public

Exterior Features

Lot:Cleared,Corner,Level,Premium,Road Frontage,Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:0.00 x 0.00
Zoning:R-2
Roof:Architectural Shingle
Others:
  • ▪ Additional:Exterior Lighting, Fire Escape, Play Area, Sidewalks, Street Lights
Sewer:Public Sewer
Parking Features:Crushed Stone,Fenced,Free,Lighted Parking,Private,On Street,Parking Lot
Principal Interest
$4,253
Taxes
$562

Home Price

$799,000

Loan Details

30 yrs
7%

Down Payment

20%
$159,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,252.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,252.61 $561.92 $0.00 $4,814.53
Yearly $51,031.36 $6,743.00 $0.00 $57,774.36
Total $1,530,940.88 $202,290.00 $0.00 $1,733,230.88
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Ocean City, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS