Skip To Content

15 57TH Street

OCEAN CITY, MD 21842
  • $1,395,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: MDWO2035116
UPDATED: 63 min ago
$1,395,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,560
    SQFT
  • $545
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Information

Elementary School:
Middle School:
High School:

Description

What else do you need? Incredible investment opportunity for a owner who would like to have 4 FULLY furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property to be utilized for parking. Super easy commuting with bus stops out front on Coastal and FREE PARKING!!! All items including roof, hvac, full interior of all units have all been renovated and newer appliances within the last 5 years! 100 yards off the sandy beaches and with this property, you will NEVER have to cross Coastal Highway to get to the beach safely! This is a PRIME opportunity for one lucky buyer! Good luck and schedule your showing sooner than later!!!***Currently only rented during summer months*** This building is able to be utilized in WINTER/SUMMER for both short term and long term rentals. Current owners have just chosen to only rent in the summer since they have owned*** Numbers only reflect summer rentals.

Monthly Payment Calculator



©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-12T14:59:10.223.
www.baltimorehousehunters.com/homes/170984767
Print Image

15 57TH Street OCEAN CITY, MD 21842

  • Price: $1,395,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 63 min ago
  • ID#: MDWO2035116
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2,560
SQFT
$545
$/SQFT
1965
Built
Neighborhood:
Ocean Block (82)
County:
Worcester
Area:
Ocean Block (82)
Elementary School:
Ocean City
Middle School:
Stephen Decatur
High School:
Stephen Decatur
School District:
Worcester County Public Schools
Property Description
What else do you need? Incredible investment opportunity for a owner who would like to have 4 FULLY furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property to be utilized for parking. Super easy commuting with bus stops out front on Coastal and FREE PARKING!!! All items including roof, hvac, full interior of all units have all been renovated and newer appliances within the last 5 years! 100 yards off the sandy beaches and with this property, you will NEVER have to cross Coastal Highway to get to the beach safely! This is a PRIME opportunity for one lucky buyer! Good luck and schedule your showing sooner than later!!!***Currently only rented during summer months*** This building is able to be utilized in WINTER/SUMMER for both short term and long term rentals. Current owners have just chosen to only rent in the summer since they have owned*** Numbers only reflect summer rentals.
Exterior Features

Architectural Style Coastal Construction Materials Advanced Framing Garage YN No Lot Features Corner Parking Types Off Street Pool No Pool Roof Architectural Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2560 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Inclusions Furniture included Rooms Total 8 Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 4 Units Furnished All

Property Features

Acceptable Financing CashConventional Accessibility Features Other Central Air YN Yes Cooling Fuel Electric Existing Lease Type None Foundation Details Permanent Gross Income 110000.00 Heating Fuel Electric Hot Water Electric Municipality Ocean City Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Original MLSNumber 804337097644 Owner Pays All Utilities Ownership Interest Fee Simple Pool Expense 0.00 Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 10376.00 Tax Lot 23 Total Actual Rent 100000.00 Transportation Bus Stop less than 1 mile Trash Expense 0.00 Utilities Cable TV Vacation Rental YN No Water Source Public Year Built Effective 2021 Zoning R3

Listing courtesy of Keller Williams Realty: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-12T14:59:10.223.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_804337097644-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_804337097644-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_804337097644-2.jpg
Logo
The Schiff Home Team | eXp Realty LLC
9505 Reisterstown Rd Ste 1S
Owings Mills MD, 21117