20 Seacliff Avenue, Old Orchard Beach, ME 04064 (MLS # 1606949)
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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, 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!
| LAST UPDATED | 10/22/2024 | TRACT | No |
|---|---|---|---|
| YEAR BUILT | 1890 | COMMUNITY | No |
| COUNTY | York | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Dirt Floor, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| GARAGE | Attached Garage |
| HEAT | Baseboard, Forced Air, Hot Water |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Level, Near Golf Course |
| MLS STATUS | Active |
| PARKING | Gravel, Paved, On Site, Carport, Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Multi-Level, New Englander |
| SUBDIVISION | No |
| TAXES | 7671 |
| WATER | Public |
| WATER ACCESS | Atlantic Ocean |
| WATERFRONT DESCRIPTION | Ocean Front |
| ZONING | brd |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2024 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2024
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2024.
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