5 4TH AVE
OLD ORCHARD BEACH, ME 04064

$1,300,000

5 Beds

2 Baths

1,925 Sq Ft

Status Active

MLS# 1588738

Just one house back and steps to the beach and a short walk to the center of OOB. This 5 bedroom turn key investment property has a strong rental history and is fully booked out for the upcoming summer season and beyond. Very well maintained and nicely updated while keeping the warm summer beach house feel. Take in beach and water views from the front porch and many second story rooms. Projected gross income for the 2024 season is $92K including off season rentals. All current rental agreements must be honored.

Details for 5 4TH AVE

1 parking space

Hot Water, Baseboard

No Info

0.12 acres lot

Interior

Appliances

Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher

Bathrooms Full

Bathrooms Total

Bedrooms Total

Interior Features

Furniture Included, Shower

Laundry Features

Washer Hookup

Living Area

1,925 SqFt.

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Year Built

1921

Exterior And Lot

Garage Spaces

Lot Features

Level, Near Public Beach, Near Town, Neighborhood

Lot Size Acres

0.12

Lot Size Square Feet

5227.2

Lot Size Units

Acres

Parking Features

5 - 10 Spaces, Paved, Detached

Parking Total

Patio And Porch Features

["Porch"]

Waterfront Features

["Ocean"]

Zoning

DD-2

Utilities

Cooling

["A/C Units", "Multi Units"]

Heating

Hot Water, Baseboard

Area And Schools

City

Old Orchard Beach

County Or Parish

York

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$8,414

Tax Year

2024