Old Orchard Beach, ME 04064 5 Fourth Avenue
$1,300,000
42 more
Presented By: Portside Real Estate Group;
SQFT • 1,925
Home Details
Just one house back and steps to the beach and a short walk to the center of OOB. This 5 bedroom turn key investment property has a strong rental history and is fully booked out for the upcoming summer season and beyond. Very well maintained and nicely updated while keeping the warm summer beach house feel. Take in beach and water views from the front porch and many second story rooms. Projected gross income for the 2024 season is $92K including off season rentals. All current rental agreements must be honored.
Presented By: Portside Real Estate Group;
Interior Features for 5 Fourth Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementBulkhead, Full
Basement (Y/N)No
Electric On Property Y/NNo
FlooringWood, Laminate
Heating Y/NYes
General for 5 Fourth Avenue
Additional Parcels Y/NNo
Business TypeOther
Carport Y/NNo
CityOld Orchard Beach
Construction MaterialsWood Siding, Shingle Siding, Wood Frame
CoolingA/C Units
CountyYork
ElectricCircuit Breakers
Garage Y/NNo
HeatingHot Water, Baseboard
Home Owner Association Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5227.2
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Property SubTypeInvestment
Property TypeCommercial Sale
Rent Control Y/NNo
RoofFiberglass
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories0
Tax Annual Amount8414.0
Tax Lot4-2
Tax Year2024
View Y/NNo
Virtual TourClick here
Waterfront FeaturesOcean
Waterfront Y/NNo
Year Built1921
ZoningDD-2
Exterior for 5 Fourth Avenue
Building Area Total1925.0
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWater View, Downtown, Near Shopping
Lot Size Acres0.12
Lot Size Area0.12
Open Parking Y/NNo
Other EquipmentInternet Access Available, Cable
Parking Features5 - 10 Spaces
Water SourcePublic
Additional Details
Price History
Shelley Kennagh
Senior Loan Officer