Listed by Jonathan M Barker of Keller Williams Realty Delmarva

Listing Sold by Berkshire Hathaway HomeServices PenFed Realty
Direct Oceanfront 3 Bedroom, 2 Bathroom condominium located in North Ocean City, MD. Once you visit this property you will not want to leave! Take in the serene views of the Atlantic Ocean from the large balcony with access from the living room and the primary bedroom. The location on the ground floor allows for easy access without having to use the elevator. Features include granite countertops with a breakfast bar in the kitchen for your visiting guests and upgraded cabinetry. Sold fully furnished, this property is turn key. Currently pre-booked with nine weeks rented for the 2021 season allowing the new owner the opportunity to immediately walk into over $30,000 of gross rental income. The small condo association includes an outdoor pool, elevator, and two assigned parking spots on the surface lot. The community is self-managed and has low condo fees at just $1,200 per quarter. Recent upgrades to the amenities include new fencing around the pool in 2020. Note: The wood burning fireplace is not functional and is sold "AS-IS." Past gross annual rental income is as follows: 2018 - $32,753; 2019 - $29,965; 2020 - $21,370. Buyer Must Honor Existing Rentals.

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Property Details of 12302 Wight Street, Unit 102

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