20 Seacliff AVE Open House Save Request In-Person Tour Request Virtual Tour
Old Orchard Beach,ME 04064
OPEN HOUSE
Sat Oct 19, 10:00am - 1:00pm
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 3,099 sqft
Price per Sqft $371
Subdivision No
MLS Listing ID 1606949
Style Multi-Level,New Englander
Full Baths 5
Year Built 1890
Annual Tax Amount $7,671
Tax Year 2023
Lot Size 6,098 Sqft
Property Description
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, 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
Interior
Heating Multi-Zones,Hot Water,Forced Air,Direct Vent Heater,Baseboard
Cooling None
Flooring Wood,Vinyl,Carpet
Laundry Laundry - 1st Floor,Main Level,Washer Hookup
Exterior
Garage 5 - 10 Spaces,Gravel,Paved,On Site,Carport
Waterfront No
Waterfront Description Ocean
View Y/N No
Roof Type Membrane,Shingle
Building
Lot Description Level,Intown,Near Golf Course,Near Public Beach,Near Town,Near Railroad
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Vinyl Siding,Wood Frame
Schools
School District Rsu 23