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3-5 Short StreetOld Orchard Beach, Maine ME04064

Listing ID1537247

7  Bedrooms4  Total Baths 3,933 SqFt 0.280 Acres

$875,000

2 Houses on 1 Lot! A Once in a Lifetime Opportunity to own a Maine Family Compound in a Great Location! A Wonderful Investment Opportunity. Exactly 0.3 miles to the beach & consists of a large New Englander main house and a separate building w/2 small rentable units on large corner lot. Seeing is believing! This property is absolutely perfect as a family vacation/getaway retreat/beach house with 2 accessory units for other family members or have Airbnb or long-term tenant income to contribute to paying property mortgage/expenses. Lots of potential on how to utilize this property. In the past, there was another structure in the backyard and there may be potential to add another building in the future. Location and proximity to ocean is a key selling point to this property. It is walking distance to everything including the beach, downtown area and infamous OOB Pier and Carousel, train station, shopping, & restaurants. If you want to avoid parking, there is a seasonal trolley to get you around. Where else can you find a beautiful pristine 7 mile stretch of sandy beaches? The main house has a first floor bedroom and there are 4 additional large bedrooms on the 2nd floor. There is a finished 3rd floor bonus room which can be used to fit your lifestyle. The pool table will convey with the property. Don't forget the large fenced-in backyard which is almost unheard of this close to the beach. The unfinished basement provides lots of storage opportunity. Separate driveway/parking on Westland Ave. The 2 units have separately metered utilities and stackable washer/dryers included with this sale. The 1st floor is an open studio apartment and the 2nd floor has 1 bedroom and open floor plan. Ample off-street parking for both units. You must see to appreciate all this property has to offer. Is this your chance to enjoy fun in the sun and create cherished memories for years to come at this unique property. Don't miss out!
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