13444 MADISON AVE Active Save Request In-Person Tour Request Virtual Tour
Ocean City,MD 21842
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 $300
Subdivision Glenn Acres
MLS Listing ID MDWO2009464
Style Colonial
Bedrooms 3
Full Baths 2
Year Built 1958
Available Date 2022-08-03
Annual Tax Amount $1,903
Tax Year 2023
Lot Size 5,000 Sqft
Property Sub-Type Detached
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
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Fireplaces Number 1
Inclusions As-Is
Laundry Main Floor
Exterior
Water Access N
View Bay,Canal,Water
Building
Lot Description Corner
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Worcester County Public Schools
Others
Special Listing Condition Standard