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Multi-FamilyMEOld Orchard Beach040643-5 Central Avenue, Old Orchard Beach, ME, 04064

3-5 Central Avenue, Old Orchard Beach, ME, 04064

3-5 Central Avenue, Old Orchard Beach, ME, 04064
6 baths
$799,900
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Basics

  • Date added: Added 4 months ago
  • Category:
  • Status:
  • Bathrooms: 6
  • Lot size: 0.14 sq ft
  • Year built: 1900
  • Bathrooms Full: 6
  • Lot Size Acres: 0.14 acres
  • Zoning: Res-2
  • County: York
  • MLS ID: 1639579

Description

  • Description:

    Well-maintained 5-unit building in a desirable Old Orchard Beach location, just a half mile to the sand and a little over a mile to the Pier. Property features four 1-bedroom units and one 2-bedroom unit, with long-term tenants in place offering consistent year-round rental income. Set on a quiet street just outside the hustle and bustle, yet within easy reach of shops, restaurants, public transit, and the beach. A great opportunity for investors or potential owner-occupants looking to enjoy coastal living with income to support it.

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Location

Building Details

  • Building Area Total: 3467 sq ft
  • Number Of Units Total: 5
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: New Englander
  • Sewer: Public Sewer
  • Heating: Heat Pump, Direct Vent Heater, Baseboard
  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Basement: ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Laminate, Carpet
  • Parking Features: 5 - 10 Spaces, Paved, On Street
  • WaterSource: Public
  • Lot Features: Corner Lot, Level, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Railroad
  • Patio And Porch Features: Deck
  • Cooling: None

Fees & Taxes

  • Gross Income: $41,700

Courtesy of

  • List Office Name: Maine Real Estate Co

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Office: 207-942-6310

458 Main Street
Bangor, ME 04401
LICENSE #BA928013
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