SoldJun 28, 2019

Listed by Paul R Marino from Landfall Properties LLC

, 

Bought with Tyler Hall

Source: Maine Real Estate Information System, Inc. #1413429

APT 4/170 E Grand Ave, Old Orchard Beach, ME, 04064

$380,000

3
2
1
1741 sq. ft.
44866.8 sq. ft.

Condo

•

30+ days on the market

Sold: Jun 28, 2019

What's around APT 4/170 E Grand Ave

About this property

Pristine and spacious 3 bedroom, 2 full bath beauty directly across the street from the beautiful northern end of Old Orchard Beach and only 1 mi. from the infamous Pier. Investors or supplemental income seekers, rents for $2200-$2400 a week in summers (always booked solid), and $1600/mo.off season (winter), Sept thru May. Roughly $35K-$40K/yr in gross income potential. Quaint, quiet and friendly complex of only 10 units, 2 assigned parking spots, 1 inside the garage. Unit will be sold fully furnished and equipped, turn key for summer rentals in place, except for some personal belongings, but you must act fast - only available for offers through Memorial Day Weekend (summer rental season restricts ability to show property). Compare to what's out there. 3 bedroom condos on the beach are extremely hard to find. Best buy out there on the beach! Plus, you will receive collected summer rental monies with a closing by 7/1/2019, so it's an immediate $10K-$15K cash back at closing.

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