- 3 BA
- 3 units
- 1,776 sq.ft.
- 0.04 acres
- 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.
Listing Files
- 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