Jeffs Listed

$589,900


13444 Madison Avenue, Ocean City, MD 21842

13444 Madison Avenue
Ocean City, MD 21842


$589,900

13444 Madison Avenue

$589,900

3    2 Bathrooms

Sqft. 2,000

(443) 432-3105

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!


Features



Property

Acres
0.11
Stories
2
New Construction
N
MLS Number
MDWO2009464
Year Built
1958

Financial

Taxes
$1,903
County Tax
$1,681
City Tax
$1,903

Community

Community
GLENN ACRES
School District
Listing Agent
County
WORCESTER

Exterior

Waterview
Bay, Canal, Water
Pool
No Pool


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