About 1617 Saint Louis Ave
Waterfront Multi-Unit Investment Opportunity – Prime OC Location Don’t miss this rare chance to own a waterfront 6-unit income-producing property in the heart of Ocean City, just two blocks from the world-famous White Marlin Open. This well-maintained building includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently operating as long-term rentals with solid tenant history and consistent cash flow. Situated directly on the water, the property provides excellent appeal for both current tenants and potential short-term rental conversion. The unbeatable location places you just short walk from the beach, Boardwalk, dining, and entertainment, making it ideal for maximizing rental demand. Whether you’re looking to expand your portfolio or break into the Ocean City market, this property offers strong income potential with room to grow.
Features of 1617 Saint Louis Ave
| MLS® # | MDWO2030988 |
|---|---|
| Price | $1,600,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,860 |
| Acres | 0.11 |
| Year Built | 1950 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 1617 Saint Louis Ave |
|---|---|
| Area | Bayside Waterfront (84) |
| City | OCEAN CITY |
| County | WORCESTER-MD |
| State | MD |
| Municipality | Ocean City |
| Zip Code | 21842 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Roof | Architectural Shingle |
School Information
| District | WORCESTER COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | May 23rd, 2025 |
|---|---|
| Days on Market | 150 |
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Realty |
|---|---|
| Contact Info | 4438562211 |