HUGE Turn Key Investment Rental Opportunity in Old Orchard

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Home For Sale

105 Union Avenue

Old Orchard Beach, Maine 04064

York County

Community: 

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$1,300,000 0 br, 4.0 bath 4016 sq. ft. 0.000 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!

Interior:
  • Bedrooms: 0
  • Baths: 4.0
  • Sq Ft: 4016
  • Year Built: 1900
  • Utilities: 
  • Fireplaces: 
  • Stories: 2.0
  • Heat/AC: Forced Air,Heat Pump
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Composition Shingle
  • Property Taxes: $6,970
  • MLS #: 1580224
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Contact Information:
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contact button Dan McGowan, Maine Real Estate Experts
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Beach Home For Sale in Old Orchard Beach, Maine
Ad Number: 4500907
Viewed 49 times.
Updated: Feb 28, 2024

This property is a Home located at 105 Union Avenue, Old Orchard Beach, Maine 04064, and is currently For Sale at $1,300,000. This Home has 0 bedrooms, 4.0 baths, 4016 sq ft.

Listing Agent: Denise Reiff, Keller Williams - Greater Portland, 207-712-4918, 207-879-9800 Listing Site, Listing Status: Active
Copyright © 2024 Keller Williams Realty, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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