Location:
274 Main Street, Madison, ME 04950

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5 Fourth Avenue, Old Orchard Beach, ME 04064

$1,300,000
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 1,925 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $1,300,000 List Date: 5/07/2024 Last Modified: 5/07/2024

Description

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.

Supplements: ********

More Information MLS# 1588738

Property Sub-Type

Property Sub-Type: Single Family Residence

Location Information

Street #: 5 Street Name: Fourth Street Type: Avenue County: York Town: Old Orchard Beach State/Province: ME Zip Code: 04064 Zip +4: 2617 Leased Land: No Book: 17602 Page: 0769 Map: 310 Lot: 4-2 Zoning: DD-2 Zoning Overlay: Unknown Association: No Full Tax Amount $: 8414 Tax Year: 2024 Geo Lat: 43.512398 Geo Lon: -70.376508

Contract Information

Status: Active Original List Price: 1300000 List Price: $1,300,000 Current Price: $1,300,000

Property Information

Surveyed: Yes Seasonal: No Deed/Conveyance Type Offered: Warranty Deed: All # Rooms: 9 # Bedrooms: 5 # Fireplaces: 1 Total Full Baths: 2 Total Baths: 2 Color: Blue Year Built: 1921 SqFt Finished Above Grade: 1725 SqFt Finished Below Grade: 200 SqFt Finished Total: 1925 SqFt Source: Public Records Garage: Yes Garage Spaces: 1 Lot Size Acres +/-: 0.12 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 60 Source of Road Frontage: Survey

Compensation & Misc Info

Buyer Agency: 2.5 Buyer Agency Type: %

Water Info

Water Frontage: No Water View: Yes Water Body Name: Atlantic

Property Features

Site: Level Location: Near Public Beach; Near Town; Neighborhood Roads: Public Water Body Type: Ocean Recreational Water: Nearby; Oceanfront; Public View: Scenic Appliances Included: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Kitchen Countertop: Granite Style: Colonial Construction: Wood Frame Basement: Bulkhead; Full Basement Entry: Bulkhead; Interior Foundation Materials: Poured Concrete Roof: Fiberglass Exterior: Shingle Siding; Wood Siding Heat System: Baseboard; Hot Water Heat Fuel: Gas Bottled; Propane Water Heater: Off Heating System Cooling: A/C Units Floors: Laminate; Wood Amenities: Furniture Included; Laundry - Hookup; Shower Patio and Porch Features: Porch Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: 1 Car; Detached Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Room Information

Kitchen Level: First Dining Room Level: First Living Room Level: First Bedroom 1 Level: Second Bedroom 2 Level: Second Bedroom 3 Level: Second Bedroom 4 Level: Second Bedroom 5 Level: Second Bonus Room Level: Basement
Listing Office: Portside Real Estate Group
Last Updated: May - 07 - 2024
5 Fourth Avenue, Old Orchard Beach, ME 04064- MLS# 1588738
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