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Closed
  • $900,000

    20 Seacliff Avenue, Old Orchard Beach, ME 04064

    7beds
    3,099sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $934,300 Zestimate®
    $290/sqft
    $-- HOA

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: January 11, 2025 at 06:57am

    Listed by:

    Dream Home Realty LLC

    Bought with:

    Dream Home Realty LLC

    Source: Maine Listings,MLS#: 1606949MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Multi-Zones, Hot Water, Forced Air, Direct Vent Heater, Baseboard
    Cooling
    • None
    Appliances
    • Laundry: Laundry - 1st Floor, Main Level, Washer Hookup
    Features
    • 1st Floor Bedroom
    • Flooring: Wood, Vinyl, Carpet
    • Basement: Dirt Floor,Walk-Out Access,Exterior Only,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,099
    • Total interior livable area: 3,099 sqft
    • Finished area above ground: 3,099
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: 5 - 10 Spaces, Gravel, Paved, On Site, Carport
    • Has attached garage: Yes
    • Has carport: Yes
    Accessibility
    • Accessibility features: 32 - 36 Inch Doors
    Features
    • Levels: Multi/Split
    • Stories: 2
    • Patio & porch: Deck, Porch
    • Waterfront features: Ocean Front
    • Body of water: Atlantic Ocean
    Lot
    • Size: 6,098 sqft
    • Features: Level, City Lot, Near Golf Course, Near Public Beach, Near Town, Near Railroad
    Details
    • Parcel number: OOBHM315B14L5
    • Zoning: brd

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Siding, Vinyl Siding, Wood Frame
    • Foundation: Stone
    • Roof: Membrane,Shingle
    Condition
    • Year built: 1890

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Old Orchard Beach
    Services availability
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