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105 Union Avenue, Old Orchard Beach, ME 04064

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For Sale

$1,300,000

4 baths • 4,016 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $323.71
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 1580224

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    Colonial
  • Cooling System
    Heat Pumps
  • Exterior Type
    Vinyl Siding, Wood Siding
  • Floor Covering
    Laminate, Wood
  • Heating System
    Forced Air, Heat Pump
  • Lot Size
    0.25 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Full Bath

Map and Directions

Directions to 105 Union Avenue, Old Orchard Beach, ME 04064

Home seller CENTURY 21 Barbara Patterson

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Barbara Patterson

(207) 384-4008
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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