75 E Grand Avenue, Old Orchard Beach, ME 04064 (MLS # 1572036)

Price $1,100,000
Status Active
Beds n/a
Baths 3 Baths
Home size 1,776 sqft
Lot Size 1,743 sqft
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 DESCRIPTION Intown, Level, Near Golf Course, Near Public Beach, Near Railroad, Open Lot, Sidewalks
PARKING 1 - 4 Spaces, Paved, Reserved, Carport
SEWER Public Sewer
STYLE Contemporary
TAXES 7193
UTILITIES Electric - Circuit Breakers
WATER Public
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.

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