For Sale

Listed by Cristina Eugen from Keller Williams Realty

Source: Maine Real Estate Information System, Inc. #1680766

105 Union Avenue, Old Orchard Beach, ME, 04064

$999,999

4
4016 sq. ft.
10890 sq. ft.

MultiFam

What's around 105 Union Avenue

About this property

Fabulous opportunity to own a 4 Unit investment property in one of the most famous & beloved beach Towns in the State of Maine. Minutes from the sands of the Atlantic Ocean, this separately metered, beautifully stone accented property, is comprised of two (2) bedroom and two (3) bedroom units & features 4 separate driveways for easy tenant parking, a large wrap around front porch to take in Summer breezes & 4 Season splendors of life by the Sea, an expansive barbecue/outdoor dining/ entertaining area, heat pump technology for year-round comfort & a convenient store within walking distance to stock up on everyday items at the end of the workday. With the building housing two of the units having been added in 2018, the front lower unit in the original building maintaining all the charm of turn of the century architecture, the fourth unit above awaiting your touches plus possibilities to potentially finish the basement for additional uses & a strong, rental pool to draw from in the area, with College students, tourists, visiting nurses & locals alike, always looking for housing options - this fiscally stable, established & consistently rented multi provides the ideal path to maximize solid returns while enjoying all the benefits of a spectacular lifestyle by the Sea, so - contact us today for a guided tour of this unique property & prepare to personally experience why Old Orchard Beach has been drawing so many investors to it's Shores - forever!

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