Old Orchard Beach, ME 04064 20 Seacliff Avenue
$975,000
Pending
11 more
Presented By: Dream Home Realty LLC;
Home Details
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!
Presented By: Dream Home Realty LLC;
Interior Features for 20 Seacliff Avenue
Bathrooms
Half Baths0
Total Baths5
Other Interior Features
Above Grade Finished Area3099.0
Air Conditioning Y/NNo
BasementDirt Floor, Walk-Out Access, Exterior Only, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
Fireplace Y/NNo
FlooringWood, Vinyl, Carpet
Heating Y/NYes
Laundry FeaturesLaundry - 1st Floor, Main Level, Washer Hookup
Total Fireplaces
Total Stories2
General for 20 Seacliff Avenue
Accessibility32 - 36 Inch Doors
Additional Parcels Y/NNo
Architectural StyleMulti-Level, New Englander
Attached Garage Yes
Body of WaterAtlantic Ocean
Carport Y/NNo
CityOld Orchard Beach
Construction MaterialsWood Siding, Vinyl Siding, Wood Frame
CoolingNone
CountyYork
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths5
Garage Spaces0.0
Garage Y/NNo
Gross Income82200.0
HOANo
HeatingMulti-Zones, Hot Water, Forced Air, Direct Vent Heater, Baseboard
High School DistrictRSU 23
Home Warranty Y/NNo
Interior Features1st Floor Bedroom
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet6098.4
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal5
Occupancy TypeOwner
Operating Expense23900.0
Patio/Porch FeaturesDeck, Porch
Pets AllowedNo Restrictions
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedYes
Rent Control Y/NNo
RoofMembrane, Shingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Stories2
Subdivision NameNo
Tax Annual Amount7671.0
Tax Lot5
Tax Year2023
UtilitiesUtilities On
Virtual TourClick here
Waterfront FeaturesOcean
Waterfront Y/NNo
Year Built1890
Zoningbrd
Exterior for 20 Seacliff Avenue
Building Area Total3099.0
Crops Included Y/NNo
Foundation DetailsStone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Intown, Near Golf Course, Near Public Beach, Near Town, Near Railroad
Lot Size Acres0.14
Lot Size Area0.14
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features5 - 10 Spaces, Gravel, Paved, On Site, Carport
SpaNo
Water SourcePublic
Additional Details
Price History
Linda Dupuis
Broker