106 PHILADELPHIA AVE, Ocean City, MD 21842
106 PHILADELPHIA AVE, Ocean City, MD 21842
106 PHILADELPHIA AVE, Ocean City, MD 21842
106 PHILADELPHIA AVE, Ocean City, MD 21842
106 PHILADELPHIA AVE, Ocean City, MD 21842
106 PHILADELPHIA AVE, Ocean City, MD 21842
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Listed by Shawn Kotwica • Coldwell Banker Realty
$ 1,300,000
Est. payment | /mo

2,080 SqFt


Save
$ 1,300,000
Est. payment | /mo
Save

2,080 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $625

Subdivision None Available

MLS Listing ID MDWO2040184

Style Other

Abv Grd Liv Area 2,080

Year Built 1930

Available Date 2026-08-01

Annual Tax Amount $8,009

Tax Year 2026

Lot Size 3,275 Sqft

Acres 0.08

Property Sub-Type Detached

Source BRIGHT

Property Description

Prime Downtown Ocean City Investment Opportunity – 106 Philadelphia Avenue
Unlock exceptional income potential in the heart of downtown Ocean City with this versatile 4-bedroom, 3-bath single-family home at 106 Philadelphia Avenue. Built in 1930 and offering approximately 2,080 square feet of living space on a 3,275-square-foot lot, this property sits just two blocks from the beach and two blocks from the bay—placing you steps from the Boardwalk, restaurants, shops, nightlife, and the best of coastal living.
What sets this property apart is its flexible multi-level layout designed for maximum rental returns or hybrid owner-occupant use. Each floor features its own bedrooms, full baths, and kitchen, along with independent front and rear entries. Live in one level while renting the other, or operate the entire home as a high-demand short-term vacation rental or steady year-round investment. The attic provides additional conversion potential for even more living or rental space.
With parking for up to four vehicles, ceiling fans, and essential appliances including washer, dryer, range/oven, and microwave, the home is ready for immediate use. Whether you're seeking a primary residence that generates supplemental income, a pure investment property, or a combination of both, 106 Philadelphia Avenue delivers strong income-producing potential in one of Ocean City's most desirable downtown locations.Don't miss this rare opportunity to own a flexible, cash-flow-friendly property in the heart of Ocean City.

Location

State MD

County Worcester

Area Ocean Block (82)

Zoning C-1

Interior

Interior Features Attic, 2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen

Hot Water Electric

Heating Baseboard - Electric

Cooling Ceiling Fan(s), Window Unit(s)

Equipment Built-In Microwave, Dryer, Oven/Range - Electric, Washer, Water Heater

Fireplace N

Appliance Built-In Microwave, Dryer, Oven/Range - Electric, Washer, Water Heater

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Crawl Space

Above Ground Finished SqFt 2080

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Tax ID 2410030072

Ownership Fee Simple

SqFt Source 2080

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS

Ashley Brosnahan

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106 PHILADELPHIA AVE