Motivated Seller! Just 100 steps to the beach, wake up to the sound of the waves and enjoy ocean breezes right outside your door. This free-standing cottage offers a rare opportunity to create value in one of Old Orchard Beach's most desirable locations.Currently configured as a 2-bedroom, 2-bath home, the property is perfectly suited for multiple strategies. Convert it back into two separate 1-bedroom, 1-bath units for strong rental income, live in one unit while renting the other, or take advantage of the lot and build new to maximize its full potential.Inside, you'll find charming wood floors and classic paneling that add character, while the layout provides flexibility for future improvements. With weekly summer rentals permitted, this property is ideal for investors, second-home buyers, or anyone looking to create their own coastal retreat with upside.Opportunities this close to the beach - with this level of versatility - are hard to find.
Listed By
Agency Name: Portside Real Estate Group
Agency Phone: 207-619-7571
Shown By
Agency Title: Jean Jenkins - Vacationland Realty
Agency Phone: (207) 745-4522
Estimated Payment
$ 1,437.58 per month $956.77 Principal & Interest $355.42 Property Tax $125.39 Homeowner's Insurance
165 East Grand Avenue, Unit 5-6 | MLS# 1656214
This condo located at 165 East Grand Avenue, Unit 5-6, Old Orchard Beach, ME 04064 is currently listed for sale with an asking price of $429,900. This property was built in 1939 and has 2 bedrooms and 2 full baths with 812 sq. ft. Search Old Orchard Beach real estate on www.vacationlandrealtymaine.com today.