Active

5 Fourth Avenue

Old Orchard Beach ME, 04064

$1,300,000


Active

5 Beds

2 Baths

1,925 sqft

Residential

Built in 1921

Courtesy of Portside Real Estate Group

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.

1588738

MLS ID

May 9, 2024

Updated

Map

5 Fourth Avenue
Old Orchard Beach ME, 04064

Interior Features

Bedrooms

5


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Furniture Included, Shower


Appliances

Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher


Laundry Description

Washer Hookup


Fireplace

Yes


Cooling

Yes


Cooling Description

A/C Units, Multi Units


Heating

Yes


Heating Description

Hot Water, Baseboard

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

Level, Near Public Beach, Near Town, Neighborhood


Architectual Style

Colonial


Roof

Fiberglass


Sewer

Public Sewer

Other Property Details

Taxes

$8,414


Tax Frequency

Annually


Garage

Yes


Garage Spaces

1


Parking

5 - 10 Spaces, Paved, Detached


View

Yes


View Description

Scenic


County

York


Water Source

Public


Pool

No


Zoning

DD-2


Buyer Agency Compensation

2.5%

Listing Contact: 207-653-7242

Courtesy of  Portside Real Estate Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lifestyle Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 10:59 AM UTC, 5/9/2024

 

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