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$569,900
3 Beds
- 2 Baths
2 full baths
2,000sqft
13444 Madison Ave, Ocean City, MD 21842
$569,900
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Single Family Residence
Built in 1958
$-- HOA
5,000 sqft lot
$285/sq.ft
Description
Opportunity knocks! The home is in need of some work as you will see upon entering, but it has potential for many things. Situated on an oversized corner lot with water views from three sides, this property offers room to add 2+ levels, as zoning laws allow building up to 45 feet. Zoned R-3 for multi-family and residential. Approved variances are in hand, including a variance for a second and third floor cantilever, making expansion plans even more attainable. Variance for an auxiliary dwelling unit (ADU) also in hand. If necessary, the current owner is open to a joint venture to see the project through to the finish line. Ideal for an investor looking to make a profit or...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
2,000 sqft
Lot Size
5,000 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDWO2009464
MLS Status
ACTIVE-BRIGHT
Days on Market
1229
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