$1,300,000

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5 Fourth Avenue, Old Orchard Beach, ME, 04064

5 Fourth Avenue, Old Orchard Beach, ME, 04064
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9 rooms

5 beds

2 Full baths

1921

Colonial

1,925 sqft

Just one house back and steps to the beach and a short walk to the center of OOB. This 5 bedroom turn key investment property has a strong rental history and is fully booked out for the upcoming summer season and beyond. Very well maintained and nicely updated while keeping the warm summer beach house feel. Take in beach and water views from the front porch and many second story rooms. Projected gross income for the 2024 season is $92K including off season rentals. All current rental agreements must be honored.

Status:

Active

Type:

Single-family residential

Laundry Remarks:

Washer Hookup

Zoning:

DD-2

Frontage:

60

Garage:

1-car

Heating:

Hot Water, Baseboard

Cooling:

A/C Units, Multi Units

Basement:

Bulkhead, Full, Exterior Entry, Interior Entry

Parking:

5 - 10 Spaces, Paved, Detached

Acreage:

0.12

Est. Taxes:

$8,414

Construction

Wood Siding, Shingle Siding, Wood Frame

Lot Description:

Level, Near Public Beach, Near Town, Neighborhood

View Description:

Scenic

Amenities:

Furniture Included, Shower

Appliances:

Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher

MLS #:

1588738

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Portside Real Estate Group