106 Philadelphia Ave, Ocean City, MD 21842
Local realty services provided by:ERA Central Realty Group
106 Philadelphia Ave,Ocean City, MD 21842
$1,300,000
- 4 Beds
- 3 Baths
- 2,080 sq. ft.
- Single family
- Active
Listed by: shawn kotwica
Office: coldwell banker realty
MLS#:MDWO2040236
Source:BRIGHTMLS
Price summary
- Price:$1,300,000
- Price per sq. ft.:$625
About this home
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....
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Home facts
- Year built:1930
- Subdivision & Development:NONE AVAILABLE
- Listing ID #:MDWO2040236
- Added:3 day(s) ago
- Updated:August 01, 2026 at 12:10 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:2nd Kitchen, Built-In Microwave, Carpet, Oven/Range - Electric, Water Heater
- Bedroom Description:Carpet, Entry Level Bedroom
- Living area:2,080 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Window Unit(s)
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Year built:1930
- Building area:2,080 sq. ft.
- Lot area:0.08 Acres
- Foundation Description:Crawl Space
- Levels:2 Stories
Schools
- High school:STEPHEN DECATUR
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$625
- Tax amount:$3,022 (2019)
Features and amenities
- Laundry features:Dryer, Dryer In Unit, Washer, Washer In Unit
- Amenities:200+ Amp Service, Attic, Cable TV Available, Carpet, Ceiling Fan(s), Electric Available, Natural Gas Available, Phone Available
Parking
- Parking description:Off Street
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