2 48th St #402
Ocean City, Md
$1,099,000
- MLS Number:
- Mdwo2017306
- Subdivision Name:
- None Available
- Bedrooms:
- 3
- Full Baths:
- 3
Property Description
Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with fresh wall paint and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023. Some weeks were blocked in 2023 for owner use and it could produce more income if so desired by the new owners. Buyers to honor 2024 rentals.
Interior Features
Heating
Central
Cooling
Central A/c
Fireplace
N
Flooring
Carpet, ceramic Tile
Appliances
Built-in Microwave, dishwasher, disposal, dryer, freezer, oven/range - Electric, refrigerator, washer
Interior Features
Carpet, ceiling Fan(s), combination Dining/living, combination Kitchen/dining, crown Moldings, dining Area, entry Level Bedroom, flat, floor Plan - Open, pantry, primary Bath(s), recessed Lighting, soaking Tub, sprinkler System, tub Shower, upgraded Countertops, walk-in Closet(s), whirlpool/hottub, window Treatments
Exterior Features
Total SQFT
1790
Construction Materials
Concrete, metal Siding
Exterior Features
Exterior Lighting, outside Shower, sidewalks, underground Lawn Sprinkler
Foundation Details
Pillar/post/pier
Garage YN
Y
Type of Parking
Attached Garage, parking Lot
Outdoor Living Structures
Balcony
Pool
Yes - Community
Roof
Flat
Additional Details
Year Built
2008
Lot Features
Premium
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools