407 Philadelphia Ave #31, Ocean City, Md
$199,900
Price
299 sqft
Building Size
2007
Year Built
Overview
Description
INVESTOR ALERT! This well maintained coin laundromat is in the perfect downtown location with so much potential. The space was recently updated with new flooring. The building has 6 washers and 7 dryers all recently cleaned and serviced by Easco Laundry Systems. The laundromat also Includes a 4 camera security system, a bill to coin machine, and a coin laundry detergent dispenser. Annual income ranges between $12k-$16k annually. Its current use is a laundromat, but there is an opportunity to convert it into an efficiency with great rental potential. Complete with one parking space and access to the Parrot Bay Community Pool. Only 2 blocks from the beach and boardwalk! Do not miss out on this unique opportunity!
Highlights
- Days on Market: 83
- Heating: Baseboard - Electric
Listing ID: 802808973506