Wells - Beach Property For Sale #4816866

For INVESTMENT BUYERS - Based on using the AIR DNA analytical tools, this home has a projected revenue of $145k with a 57% occupancy rate. The Operating expenses are $55k with a net operating income of $90k. Cap rate of 6.04%. Yearly homeownership cost, including utilities and maintenance were taken into consideration.

Welcome to your dream colonial home nestled on a serene dead-end street, boasting picturesque views of the stunning Wells Reserve. This meticulously maintained property offers the perfect blend of classic charm and modern updates, ensuring a lifestyle of comfort and luxury. Step inside to discover five spacious bedrooms and three full bathrooms, providing ample space for family and guests. The heart of this home is the inviting three-season sunroom, where you can unwind and soak in the tranquil scenery year-round. Renovated in 2008, this residence showcases a wealth of upgrades, including new windows, roof, siding, exterior doors, and garage doors, ensuring peace of mind and efficiency for years to come. The HVAC system ensures year-round comfort, while hardwood flooring adds warmth and elegance throughout. Entertain with ease in the remodeled first floor, now boasting an open-concept layout that seamlessly connects the living, dining, and kitchen areas. Whether hosting intimate gatherings or larger celebrations, this home offers the perfect backdrop for every occasion. Step outside to the private patio, where you can enjoy casual dining or simply bask in the tranquility of your surroundings. Beach access just a short stroll away (.2 miles). 3 Miles away from downtown Ogunquit, 10 miles from Kennebunkport.
Don't miss your chance to own this exquisite colonial home in a coveted location. Schedule your showing today and make your coastal living dreams a reality!