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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.
Property Type(s):
Multi Family
| Last Updated | 9/14/2023 | Year Built | 1940 |
|---|---|---|---|
| County | York |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | Bulkhead, Exterior Entry, Full, Interior Entry, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION | Vinyl Siding, Wood Frame |
| HEAT | Baseboard, Electric, Oil, Other, Propane |
| LOT | 0 |
| LOT DESCRIPTION | Intown, Level, Near Golf Course, Near Public Beach, Near Railroad, Open Lot, Sidewalks |
| MLS STATUS | Active |
| PARKING | 1 - 4 Spaces, Paved, Reserved, Carport |
| SEWER | Public Sewer |
| STYLE | Contemporary |
| TAXES | 7193 |
| UTILITIES | Electric - Circuit Breakers |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Ocean |
| ZONING | BRD |
Listing provided by Benchmark Real Estate
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2023 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2023
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2023.
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