$495,000
MLS#: 1653793
- Type: Multi-family
- Lot Size: 0.11 Acres
- Year Built: 1900
- Square Feet: 2,272
Property Details
This duplex offers an outstanding investment opportunity just minutes from the beautiful shoreline of Old Orchard Beach, Maine. Ideally located within walking distance to the beach, this property combines strong rental appeal with immediate income potential. The property features two well-maintained residential units: Unit One offers a spacious and versatile layout with four bedrooms plus a dedicated office, providing ample room for comfortable living, remote work, or additional storage needs. The unit also includes basement storage, adding valuable functionality for tenants. Unit Two features one bedroom and one full bathroom, along with additional living space in a finished porch area. This flexible bonus area is ideal for use as a home office, sitting room, or extended living space. Both units are currently occupied by long-term tenants with leases in place through November 2026, providing stable, immediate rental income for the new owner. Additional highlights include off-street parking and generous yard space, further enhancing tenant convenience and overall property appeal. With its strong rental history, desirable location, and proximity to the beach, this duplex presents a compelling opportunity for investors seeking reliable income in one of Southern Maine's most popular coastal communities. Showings require 24-hour notice. Please reach out for additional information or to schedule a private showing.
Property Listed by: Keller Williams Coastal and Lakes & Mountains Realty
Home Features
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
2272
Land Features
Electric:
Circuit Breakers
Map (approximate)
