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105 Union Avenue, Old Orchard Beach, ME, 04064 | $1,300,000
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!
Features
- Amenities: 1st Floor Bedroom, One-Floor Living
- Baths: 4 full
- Units: 4
- Laundry: Laundry - 1st Floor, Main Level
- Style: Colonial, New Englander, Shingle Style
- Year Built: 1900
- Heating: Heat Pump, Forced Air
- Cooling: None, Heat Pump
- Basement: Full, Interior Entry, Unfinished
- Approx Sq. Feet: 4,016
- Acreage: 0.25
- Est. Taxes: $6,970
- Lot Desc: Level, Open Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
- Pet Policy: No Restrictions
- MLS#: 1580224
- Website: https://www.raveis.com
/prop/1580224/105unionavenue_oldorchardbeach_me?source=qrflyer
 | 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. |  |
Listing courtesy of Keller Williams Realty
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