• 3 BA
  • 3 units
  • 1,776 sq.ft.
  • 0.04 acres
$1,050,000
  • property type Multi-Family
  • class Multi-Family
  • style Contemporary
  • year built 1940
  • listing office Benchmark Real Estate
  • selling office Keller Williams Realty

Old Orchard Beach, considered one the top investment locations in Maine! This well cared for 3 unit, just steps from the sands of the Atlantic, offers creative and lucrative short term and long term rental options - with a layout that lends itself to 3 separate units or combine to make one large property offering privacy and space ideal for multi family parties. With an NOI of over $90k, there are few investments yielding this return in our current market. Guests and tenants alike are drawn to a main feature of this property, the one thing you can't change in real estate - location! Easily accessible to restaurants, shops, the pier, and miles of sandy beach. With all furnishings negotiable and a local property management team with proven success in some of the highest grossing rental properties in Maine available to you, this is truly a turn key investment.

  • Style Contemporary
  • Year Built 1940
  • Lot Size 0.04 acres
  • SQFT Finished Above Grade 1776
  • County York
  • City Old Orchard Beach
  • Zone BRD
  • Location Intown, Near Golf Course, Near Public Beach, Near Railroad
  • Water Frontage No
  • Water Body Type Ocean
  • Water Body Name Atlantic Ocean
  • Recreational Water Access Ocean
  • Seasonal No
  • Full Tax Amount $7,193.00
  • Tax Year 2024
  • Association Fee $0.00
  • Total Units 3
  • Baths Total 3
  • Baths Full 3
  • Basement Full, Unfinished, Walkout Access
  • Construction Wood Frame
  • Exterior Vinyl Siding
  • Foundation Materials Poured Concrete
  • Basement Full, Unfinished, Walkout Access
  • Roof Shingle
  • Floors Laminate
  • Heat System Baseboard, Forced Air, Other Heat System
  • Heat Fuel Electric,Oil,Propane
  • Gas Bottled
  • Water Heater Electric
  • Electric Yes
  • Water Yes
  • Waste Water Disposal Public Sewer
  • Driveway Paved
  • Vehicle Storage 2 Car, Carport
  • Parking 1 - 4 Spaces, Reserved
  • Roads Public
Listed By:
Benchmark Real Estate
Sold By:
Keller Williams Realty