105 Union Avenue Old Orchard Beach, ME 04064
Old Orchard Beach, ME 04064
$1,300,000
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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...
- 4
- Full Baths
- 4,016 Sq Ft.
- Interior
- .25 Acres
- Exterior
- Multi Family
- Property type
- 1900
- Year Built
- 1580224
- Web Id
- 1580224
- MLS ID
- 2.0000
- Buyer Agency Compensation
About 105 Union Avenue
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!
"Listing Courtesy of Keller Williams Realty, Email/Phone : 207-712-4918, MREIS MLS"
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
"Listing Courtesy of Keller Williams Realty, Email/Phone : 207-712-4918, MREIS MLS"
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Amenities
- Wood Floors
features
- cooling
- Heat Pump, Propane Heating
- lot description
- laminate flooring
- Style
- Colonial
PROPERTY INFORMATION
- Basement
- Full, Interior Entry, Unfinished
- Cooling
- None, Heat Pump
- Garage Info
- 0
- Heating
- Heat Pump, Forced Air
- Parking Description
- 5 - 10 Spaces, Other, Paved
- Sewer
- Public Sewer
- Style
- Colonial, New Englander, Shingle Style
- Water
- Public
EXTERIOR
- Construction
- Wood Siding, Vinyl Siding, Shingle Siding, Wood Frame
- Lot Description
- Level, Open Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
- Roofing
- Shingle
INTERIOR
- Flooring
- Wood, Laminate
- Interior Features
- 1st Floor Bedroom, One-Floor Living
ADDITIONAL INFORMATION
- Number of Units
- 4
Listing Courtesy of Keller Williams Realty, Email/Phone : 207-712-4918