Pending

20 Seacliff Avenue

Old Orchard Beach ME, 04064

$975,000


Pending

5 Baths

3,099 sqft

Multi-family

Built in 1890

Courtesy of Dream Home Realty LLC

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!

1606949

MLS ID

October 16, 2024

Listed

November 22, 2024

Updated

Map

20 Seacliff Avenue
Old Orchard Beach ME, 04064

Interior Features

Total Stories

2


Total Bathrooms

5


Full Bathrooms

5


Interior Features

1st Floor Bedroom


Laundry Description

Laundry - 1st Floor, Main Level, Washer Hookup


Floor Description

Wood, Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Multi-Zones, Hot Water, Forced Air, Direct Vent Heater, Baseboard

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Level, Intown, Near Golf Course, Near Public Beach, Near Town, Near Railroad


Architectual Style

Multi-Level, New Englander


Roof

Membrane, Shingle


Sewer

Public Sewer

School Information

School District

RSU 23

Other Property Details

Taxes

$7,671


Tax Frequency

Annually


Garage

No


Parking

5 - 10 Spaces, Gravel, Paved, On Site, Carport


View

No


County

York


Water Source

Public


Pool

No


Zoning

brd

Listing History

Date

Event

Price

11/5/2024

Pending

Listing Contact: 207-332-8865

Courtesy of  Dream Home Realty LLC

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 Monica Dambach shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 1:31 PM UTC, 11/22/2024

 

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