106 Philadelphia Avenue Ocean City, MD 21842
Listing Courtesy of: BRIGHT IDX / Listed By: Shawn Kotwica, Coldwell Banker Realty

  106 Philadelphia Avenue Ocean City, MD 21842

Coming Soon (1 Days)
$1,300,000 (USD)

Description

Prime Downtown Ocean City Investment Opportunity – 106 Philadelphia AvenueUnlock exceptional income potential in the heart of downtown Ocean City with this versatile 4-bedroom, 3-bath single-family home at 106 Philadelphia Avenue. Built in 1930 and offering approximately 2,080 square feet of living space on a 3,275-square-foot lot, this property sits just two blocks from the beach and two blocks from the bay—placing you steps from the Boardwalk, restaurants, shops, nightlife, and the best of coastal living.What sets this property apart is its flexible multi-level layout designed for maximum rental returns or hybrid owner-occupant use. Each floor features its own bedrooms, full baths, and kitchen, along with independent front and rear entries. Live in one level while renting the other, or operate the entire home as a high-demand short-term vacation rental or steady year-round investment. The attic provides additional conversion potential for even more living or rental space.With parking for up to four vehicles, ceiling fans, and essential appliances including washer, dryer, range/oven, and microwave, the home is ready for immediate use. Whether you’re seeking a primary residence that generates supplemental income, a pure investment property, or a combination of both, 106 Philadelphia Avenue delivers strong income-producing potential in one of Ocean City’s most desirable downtown locations.Don’t miss this rare opportunity to own a flexible, cash-flow-friendly property in the heart of Ocean City.

MLS #:
MDWO2040184
Taxes
$8,009(2026)
Lot Size
3,275 SQFT
Type
Multifamily
Year Built
1930
Style
Other
School District
Worcester County Public Schools
County
Worcester County

Listed By

Shawn Kotwica, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Jul 31 2026 at 8:03 AM GMT+0000
Bathroom Details
Interior Features
  • Dryer
  • Washer
  • Water Heater
  • Oven/Range - Electric
  • Entry Level Bedroom
  • Family Room Off Kitchen
  • 2nd Kitchen
  • Built-In Microwave
  • Attic
  • Carpet
  • Ceiling Fan(s)
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Crawl Space
Heating and Cooling
  • Baseboard - Electric
  • Window Unit(s)
  • Ceiling Fan(s)
Exterior Features
  • Other
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electric
School Information
  • High School: Stephen Decatur
Living Area
  • 2,080 sqft
Location
   
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 7/31/26 01:03