106 Philadelphia Ave, Ocean City, MD 21842

Ocean City
Local realty services provided by:ERA Byrne Realty
106 Philadelphia Ave,Ocean City, MD 21842
$1,300,000
  • 1 Beds
  • 3 Baths
  • 2,080 sq. ft.
  • Multi-family
  • Active
Listed by: shawn kotwica
Office: coldwell banker realty
MLS#:MDWO2040184
Source:BRIGHTMLS

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$625

About this home

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...

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Home facts

  • Year built:1930
  • Subdivision & Development:NONE AVAILABLE
  • Listing ID #:MDWO2040184
  • Added:94 day(s) ago
  • Updated:November 01, 2026 at 02:13 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:3
  • Kitchen Description:2nd Kitchen, Built-In Microwave, Carpet, Oven/Range - Electric, Water Heater
  • 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

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:$8,009 (2026)

Features and amenities

  • Amenities:200+ Amp Service, Attic, Carpet, Ceiling Fan(s)

Parking

  • Parking description:Off Street

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