Bought with Benchmark Real Estate
$675,000
$649,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
75 E Grand AVE Old Orchard Beach, ME 04064
3 Baths
1,747 SqFt
Key Details
Sold Price $675,000
Property Type Multi-Family
Listing Status Sold
Square Footage 1,747 sqft
MLS Listing ID 1500840
Sold Date 09/15/21
Style Contemporary
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 1,747
Originating Board Maine Listings
Year Built 1940
Annual Tax Amount $4,749
Tax Year 2020
Lot Size 1,742 Sqft
Acres 0.04
Property Description
*** SHOWINGS BEGIN @ OPEN HOUSE 7/25 from 11am-1pm *** The opportunities are endless at 75 E Grand Ave. Just 75 yards between you and 9 miles of sandy beach between your toes. This 3 unit property features 5 spacious bedrooms, 3 bathrooms, 3 kitchens, as well as a back porch on the 2nd floor with ocean views and a wrap around screened porch on the 1st floor! The current owner rents the entire home during the summer, sleeping 20 utilizing sleeper sofas and rents the apartments separately during the off season. Monthly rent figures above are for ''off-season'' rentals August 14 - June 13 only. Income from May-Aug 2019 was $51,475 and has the *potential* to be $80,000 annually if rented year round. Each unit is equipped with a range, microwave and refrigerator. Two units have a washer/dryer. A short 5 minute walk to the Pier, entertainment, dining and the downtown area cannot be more convenient for you and your guests. Great Airbnb reviews, turn key, several repeat summer renters. Live here yourself or rent it, either way you cannot go wrong.
Location
State ME
County York
Zoning BRD
Body of Water Atlantic Ocean
Rooms
Basement Full, Exterior Entry, Bulkhead, Interior Entry
Interior
Interior Features 1st Floor Bedroom, Shower
Heating Other Heat System, Baseboard, Hot Air
Cooling None
Flooring Laminate
Exterior
Parking Features 1 - 4 Spaces, Paved, Carport, Off Street
Utilities Available 1
Waterfront Description Ocean
View Y/N No
Roof Type Shingle
Street Surface Paved
Porch Screened
Garage No
Building
Lot Description Corner Lot, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Oil, Electric, Gas Bottled
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