20 Seacliff AVE, Old Orchard Beach, ME 04064 - MLS#1606949

Old Orchard Beach, ME 04064,20 Seacliff AVE

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Monet Yarnell

monet@sell207.com +1(207) 461-4740

Listed by Dream Home Realty LLC

$975,000

5 Baths

3,099 SqFt

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UPDATED:

11/20/2024 01:51 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 3,099 sqft

Subdivision No

MLS Listing ID 1606949

Style Multi-Level,New Englander

Full Baths 5

HOA Y/N No

Abv Grd Liv Area 3,099

Originating Board Maine Listings

Year Built 1890

Annual Tax Amount $7,671

Tax Year 2023

Lot Size 6,098 Sqft

Acres 0.14

Property Description

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!

Location

State ME

County York

Zoning brd

Body of Water Atlantic Ocean

Rooms

Basement Dirt Floor, Walk-Out Access, Exterior Only, Unfinished

Interior

Interior Features 1st Floor Bedroom

Heating Multi-Zones, Hot Water, Forced Air, Direct Vent Heater, Baseboard

Cooling None

Flooring Wood, Vinyl, Carpet

Fireplace No

Laundry Laundry - 1st Floor, Main Level, Washer Hookup

Exterior

Garage 5 - 10 Spaces, Gravel, Paved, On Site, Carport

Utilities Available 1

Waterfront No

Waterfront Description Ocean

View Y/N No

Roof Type Membrane,Shingle

Accessibility 32 - 36 Inch Doors

Porch Deck, Porch

Garage No

Building

Lot Description Level, Intown, Near Golf Course, Near Public Beach, Near Town, Near Railroad

Story 2

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Multi-Level, New Englander

Structure Type Wood Siding,Vinyl Siding,Wood Frame

Schools

School District Rsu 23

Others

Restrictions Unknown

Energy Description Oil, Multi-Fuel System, Gas Bottled

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Monet Yarnell

+1(207) 461-4740

Designated Broker | License ID: DB922416

Designated Broker License ID: DB922416