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Lot For Sale
105 Union Avenue
Old Orchard Beach, Maine 04064
York CountyCommunity:
$1,300,000
0.250 acres
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!
- Lot Size: 0.250 acre
- Lot Dimensions:
- View Types:
- Property Taxes: $6,970
- MLS #: 1580224
Contact Information:
Dan McGowan, Maine Real Estate Experts
207-749-1803
Please say you found it on Beachhouse.com!
Ad Number: 4498891
Viewed 159 times.
Updated: Jan 13, 2024
This property is a Lot located at 105 Union Avenue, Old Orchard Beach, Maine 04064, and is currently For Sale at $1,300,000.
Listing Agent: Scott Reiff Denise Reiff, Keller Williams Realty, 207-712-4918, 207-879-9800
Listing Site, Listing Status: Active
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