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Ram Bala

realtor.ram.bala@gmail.com +1(703) 403-5338

Listed by Kelly Williams • RE/MAX Realty Centre, Inc.

$ 559,900

Est. payment -/mo

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Price Dropped by $5K

13444 MADISON AVE Ocean City, MD 21842

3 Beds

2 Baths

2,000 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $279

Subdivision Glenn Acres

MLS Listing ID MDWO2009464

Style Colonial

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 2,000

Year Built 1958

Available Date 2022-08-03

Annual Tax Amount $1,903

Tax Year 2023

Lot Size 5,000 Sqft

Acres 0.11

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property 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 someone looking to build a primary residence, a vacation getaway, an investment opportunity—or all of the above!

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning R-3

Rooms

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Central A/C

Fireplaces Number 1

Inclusions As-Is

Furnishings Partially

Fireplace Y

Heat Source Electric

Laundry Main Floor

Exterior

Water Access N

View Bay, Canal, Water

Accessibility None

Garage N

Building

Lot Description Corner

Story 2

Foundation Crawl Space

Above Ground Finished SqFt 2000

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Worcester County Public Schools

Others

Senior Community No

Tax ID 2410000831

Ownership Fee Simple

SqFt Source 2000

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Ram Bala

Agent | License ID: VA:0226036501 MD:576134

+1(703) 403-5338

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Ram Bala

13444 MADISON AVE Ocean City, MD 21842

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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13444 MADISON AVE