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!
Listed By
Agency Name: RE/MAX Realty Centre, Inc.
Agency Phone: 3017745900
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
Estimated Payment
$ 1,580.57 per month $1,257.22 Principal & Interest $158.58 Property Tax $164.76 Homeowner's Insurance
13444 Madison Avenue | MLS# MDWO2009464
This single family home located at 13444 Madison Avenue, Ocean City, MD 21842 is currently listed for sale with an asking price of $564,900. This property was built in 1958 and has 3 bedrooms and 2 full baths with 2000 sq. ft. Madison Avenue is located in the GLENN ACRES subdivision within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search GLENN ACRES real estate on www.homesale.com today.