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5 Fourth Avenue

Old Orchard Beach, ME 04064
  • $1,300,000
  • STATUS: Active
  • MLS #: 1590335
UPDATED: 66 min ago
$1,300,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,925
    SQFT
Type:
Commercial
Built:
1921
County:

School Ratings & Info

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Description

Just one house back and steps to the beach and a short walk to the center of OOB. This 5 bedroom turn key investment property has a strong rental history and is fully booked out for the upcoming summer season and beyond. Very well maintained and nicely updated while keeping the warm summer beach house feel. Take in beach and water views from the front porch and many second story rooms. Projected gross income for the 2024 season is $92K including off season rentals. All current rental agreements must be honored.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-15T08:51:25.133.
www.davidmarshallteam.com/homes/150754480
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5 Fourth Avenue Old Orchard Beach, ME 04064

  • Price: $1,300,000
  • Status: Active
  • On Site: Days
  • Updated: 66 min ago
  • MLS #: 1590335
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1,925
SQFT
$675
$/SQFT
1921
Built
County:
York
Area:
Old Orchard Beach
Property Description
Just one house back and steps to the beach and a short walk to the center of OOB. This 5 bedroom turn key investment property has a strong rental history and is fully booked out for the upcoming summer season and beyond. Very well maintained and nicely updated while keeping the warm summer beach house feel. Take in beach and water views from the front porch and many second story rooms. Projected gross income for the 2024 season is $92K including off season rentals. All current rental agreements must be honored.
Exterior Features

Construction Materials Wood SidingShingle SidingWood Frame Foundation Details Concrete Perimeter Lot Features Water ViewDowntownNear Shopping Parking Features 5 - 10 Spaces Roof Fiberglass Water View Yes Waterfront Features Ocean Waterfront YN No

Interior Features

Basement BulkheadFull Cooling A/C Units Cooling YN Yes Flooring WoodLaminate Heating Hot WaterBaseboard Heating YN Yes Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Gas Bottled YN Yes Heat Fuel Gas YN Yes Heat Fuel Propane YN Yes Land Lease YN No Other Equipment Internet Access AvailableCable Property Sub Type Investment Sewer Public Sewer Tax Annual Amount 8414 Tax Year 2024 Water Source Public Zoning DD-2

Maine Real Estate Information Systems logo Listing provided courtesy of Portside Real Estate Group: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-15T08:51:25.133.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.