Property Description

Located steps away from world famous Old Orchard Beach, Maine. Spacious 5 bedroom 1. 1/2 bath colonial. Updated kitchen, appliances, granite counter tops, formal dining and living room with fireplace. hardwood floors throughout. Detached one car garage. Excellent on site parking for up to 10 vehicles. This is an excellent rental property with a long history of weekly rentals during the season and monthly rentals during the off season. PROPERTY FEATURES • Prime beachside location just steps from Old Orchard Beach • Recently renovated and in excellent, turnkey condition • Spacious 5-bedroom, 2-bath layout with 1,725 SF of living space • Fully booked seasonal and off-season rental history with $87,523 in gross income On-site parking for up to 10 vehicles plus a 1-car garage • Strong investment performance with $54,893 NOI • Zoned for multi-family use with potential for hospitality or specialty uses

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Robert Baldacci