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105 Union Avenue

Old Orchard Beach, ME 04064
  • $1,300,000
  • STATUS: Active
  • MLS #: 1580224
UPDATED: 36 min ago
$1,300,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,016
    SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:
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Description

Huge Investment Opportunity in OOB! This fully leased, large 4 unit is a must see! 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!

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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: 2024-02-24T09:50:38.823.
www.thenewenglandreco.com/homes/146538388
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105 Union Avenue Old Orchard Beach, ME 04064

  • Price: $1,300,000
  • Status: Active
  • On Site: Days
  • Updated: 36 min ago
  • MLS #: 1580224
0
Beds
4
Baths
0
½ Baths
0.25
Acres
4,016
SQFT
$324
$/SQFT
1900
Built
County:
York
Area:
Old Orchard Beach
School District:
Rsu 23
Property Description
Huge Investment Opportunity in OOB! This fully leased, large 4 unit is a must see! 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!
Exterior Features

Architectural Style ColonialNew EnglanderShingle Style Attached Garage YN No Construction Materials Wood SidingVinyl SidingShingle SidingWood Frame Foundation Details StoneConcrete Perimeter Garage YN No Lot Features LevelOpen LotNear Public BeachNear ShoppingNear Turnpike/InterstateNear TownNear Railroad Parking Features 5 - 10 SpacesOtherPaved Patio And Porch Features Porch Roof Shingle Water View No Waterfront YN No

Interior Features

Above Grade Finished Area 4016 Basement FullInterior EntryUnfinished Below Grade Finished Area 0 Cooling NoneHeat Pump Cooling YN No Flooring WoodLaminate Heating Heat PumpForced Air Heating YN Yes Interior Features 1st Floor BedroomOne-Floor Living Laundry Features Laundry - 1st FloorMain Level Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Exclusions Washer Dryer Green Energy Efficient Storm WindowsDehumidifier Gross Income 126992 Has No Restrictions Yes Heat Fuel Electric YN Yes Heat Fuel Oil YN Yes Land Lease YN No Operating Expense 28950 Pets Allowed No Restrictions Property Seasonal No Sewer Public Sewer Tax Annual Amount 6969.96 Tax Year 2024 Utilities Utilities On Water Source Public Zoning R2

Maine Real Estate Information Systems logo Listing provided courtesy of Keller Williams Realty: 207-712-4918.

© 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: 2024-02-24T09:50:38.823.
 
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