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30889288
27612626

96 1st St, Old Orchard Beach, ME 04064

DP
ME 901393
Exp Realty
Listed by Exp Realty
$1,090,000
1465 days on market
Updated 81 days ago

96 First Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,869
Net Rentable (SqFt) 2,430
Units 5
Occupancy 100%
Price per SqFt $380
Broker Co-Op No
Class B
Year Built 1925
Year Renovated 1995
Buildings 1
Stories 2
Acreage 0.109
Zoning R-2
Parking Spaces 5 spaces
Parking Per SqFt 1.74
Investment Type Value Add
Ownership fee simple

Old Orchard Beach-5 Unit Apartment Building 2 blocks from the beach. Good AIR&B Opportunity

Marketing description

Multi-family investment property in Old Orchard Beach with a good mix of one and two bedroom year-round apartments. 5 Apartments and a property management office. Good parking for tenants. Tenants pay their heat, electricity, cable/internet. Refrigerators and electric stoves provided. Year-round rentals or good Air B&B opportunity. Hard to find year-round apartment buildings in this beachfront community. Live in a unit and rent the others to pay your mortgage.

Three Blocks to the Beach, First Street right onto Atlantic Ave., onto the beach.

Financing available for qualified buyers

Investment highlights

Multi-family investment opportunity with a good mix of 1 and 2 bedroom units. Three blocks to Old Orchard Beach. Excellent parking for tenants and guests. Tenants pay their heat, electricity, cable/internet. Good cash flow as year-round rentals or Excellent Air B&B opportunity.

Listing Contacts

DP
ME 901393
Exp Realty
Listed by Exp Realty

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Additional Information

Name
Don Pilon
License
901393
Brokerage Phone
2072825000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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