105 UNION AVE OLD ORCHARD BEACH, ME 04064

Features

• Price/sqft: $323
• Lot Size: 11204
• Total Units: 4
• Total Rooms: 4
• Room List: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
• Stories: 300
• Roof Type: Asphalt
• Heating: Forced Air,Heat Pump
• Exterior Walls: Wood Siding

Facts

• Year Built: 01/01/1900
• Property ID: 846209318
• MLS Number: 1580224
• Parcel Number: OOBH M:314 B:14 L:3
• Property Type: Townhouse or Condo
• County: YORK
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. HUGE Turn Key Investment Rental Opportunity in Old Orchard Beach!This 4 unit is a money maker! Maximize your rental income by renting weekly during the summer months and to local students, nurses or families during the off-season. Great cash flow history and the potential to make even more! Beautiful shingled home with tons of charm and a wrap-around porch hosts the first two units. An additional building was built in 2018 where the other two units reside. The back two units have an identical layout with all modern features including heat pumps for year-round controlled temperature. The back units are currently being rented seasonally for 9 months and then weekly throughout the summer months. The front units, in the original home, are currently being rented as year round apartments. This property is located on a large lot with plenty of off-street parking and space for outdoor recreation. Centrally located to the beach and pier. This property is full of options to make incredible summer and winter rental income! Or, better yet use one unit as your summer retreat or year round residence and rent the others!