Jeff Quintin & Mark Grimes Facilitate $1.15M Multifamily Sale In Ocean City

The sale involved a multifamily property located at 4952-54 West Avenue in Ocean City. The duplex was sold for $1,150,000 and comprises two units, each with 3 bedrooms, 2 full bathrooms, covered front porches, and parking facilities. The property offers the opportunity for rehabilitation or new construction and is situated in a sought-after location near the beach and the bay.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,150,000
• Units: 2
• Price per Unit: $575,000
• Address: 4952-54 West Avenue
• Market: Ocean City

Jeff Quintin of Keller Williams represented the buyer in the transaction, while Mark Grimes of Berkshire Hathaway HomeServices Fox & Roach represented the seller. The deal was successfully completed on 05/30/2024.