$975,000
20 Seacliff Avenue
Old Orchard Beach
Listing Courtesy of
Dream Home Realty LLC
20 Seacliff Avenue, Old Orchard Beach, ME 04064
Location location location less than 300 yards to the Sandy beach in beautiful old orchard beach , renowned for its stunning coastline and vibrant community, presents a unique investment opportunity with this fully occupied 5-unit property. The recent updates add to its appeal, offering a blend of two efficiency units, one one-bedroom, and two two-bedroom apartments, all currently rented on a month-to-month basis. The under-market rents suggest a substantial upside for future income growth. With its prime location close to local shops, dining, and entertainment, plus the convenience of off-street parking, this property stands out as an excellent choice for investors. Whether for long-term leasing or exploring the lucrative Airbnb market, the potential is vast. This property not only promises immediate cash flow but also the flexibility for a condo conversion or expansion, possibilities catering to a range of investment strategies. Embrace the chance to own a piece of this beach community, a rare find indeed in the heart of Old Orchard Beach.
If you need any more details or have specific questions about the property or the area, feel free to ask!
If you need any more details or have specific questions about the property or the area, feel free to ask!
Listing Courtesy of
Dream Home Realty LLC
DETAILS
- Listing Id1606949
- StatusPending
- TypeMulti-Family
- SeasonalNo
- Map / Lot315 / 5
- Book / Page16934 / 725-726
- Sq Ft Finished Above Grade3099
- Sq Ft Finished Total3099
- Total Baths5 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemBaseboard, Direct Vent Heater, Forced Air, Hot Water, Multi-Zones
- CoolingNone
- ElectricCircuit Breakers
- BasementDirt Floor, Exterior Only, Unfinished, Walk-Out Access
- RoofMembrane, Shingle
- FloorsCarpet, Vinyl, Wood
- GarageYes
- Lot FeaturesIntown, Level, Near Golf Course, Near Public Beach, Near Railroad, Near Town
- Parking Features5 - 10 Spaces, Carport, Gravel, On Site, Paved
- Waterfront FeaturesOcean
- Interior Features1st Floor Bedroom
- Laundry FeaturesLaundry - 1st Floor, Main Level, Washer Hookup
- StyleMulti-Level, New Englander
- Water Body NameAtlantic Ocean
- Checked For UpdatesWednesday, November 20, 2024 at 7:31 PM
- IDX Listing UpdatedWednesday, November 20, 2024 at 1:51 PM
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