406 14TH STREET

OCEAN CITY , MD 21842

MLS#: MDWO2033672

$1,299,000

Status: Active
Listing number: MDWO2033672
Listing provided by: Keller Williams Realty Delmarva
Listing agent phone: None
Last update: 9 days ago
On site: a month ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

N/A

This well-maintained four-unit property offers updated systems, modern amenities, and excellent rental potential. Unit 1, located on the first floor at the front of the building, features three bedrooms—two with queen beds and one with a twin bed—along with a brand-new gas tankless water heater, gas forced-air heat, and window unit air conditioning. Unit 2 is a unique two-level layout connected by a spiral staircase, with a queen bedroom upstairs, kitchen on the lower level, electric baseboard heat, and window unit cooling. The owner’s Unit 4 occupies the second-floor front and boasts two queen bedrooms, a large side deck with an electric awning, an updated kitchen with stainless steel appliances, central air with a heat pump, and a new water heater installed in 2025. Unit 5, at the rear of the second floor, includes two queen bedrooms, baseboard heat, and window unit A/C, with private access via the east-side steps beside the two-car garage. The property provides six off-street parking spaces—alongside the building, in front of the garage, and beneath the west-side deck—plus additional street parking. Guests also enjoy access to two shared laundry rooms, and the building is supported by a roof replaced in 2014. This versatile setup makes the property appealing for both owner-occupants and investors seeking strong rental income.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Garage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,299,000

  • Tax Amount

    6074.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Block

  • Sewer

    Public Sewer

  • Tax Lot

    7

  • Water Source

    Public

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Location

County

WORCESTER

Elementary School

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Listing Courtesy of Richard DiFilippo , Keller Williams Realty Delmarva

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This well-maintained four-unit property offers updated systems, modern amenities, and excellent rental potential. Unit 1, located on the first floor at the front of the building, features three bedrooms—two with queen beds and one with a twin bed—along with a brand-new gas tankless water heater, gas forced-air heat, and window unit air conditioning. Unit 2 is a unique two-level layout connected by a spiral staircase, with a queen bedroom upstairs, kitchen on the lower level, electric baseboard heat, and window unit cooling. The owner’s Unit 4 occupies the second-floor front and boasts two queen bedrooms, a large side deck with an electric awning, an updated kitchen with stainless steel appliances, central air with a heat pump, and a new water heater installed in 2025. Unit 5, at the rear of the second floor, includes two queen bedrooms, baseboard heat, and window unit A/C, with private access via the east-side steps beside the two-car garage. The property provides six off-street parking spaces—alongside the building, in front of the garage, and beneath the west-side deck—plus additional street parking. Guests also enjoy access to two shared laundry rooms, and the building is supported by a roof replaced in 2014. This versatile setup makes the property appealing for both owner-occupants and investors seeking strong rental income.

406 14TH STREET

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