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...
$1,300,000
4
Full Baths
4,016
Sq Ft.
Interior
.25 Acres
Exterior
Multi Family
Property type
1900
Year Built
1580224
Web Id
1580224
MLS ID
Regional School Unit 23
School District
2.0000
Buyer Agency Compensation
About 105 Union Avenue
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!
"Listing Courtesy of Keller Williams Realty, Email/Phone : 207-712-4918, MREIS MLS"
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.