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165 E Grand Ave - Beachside Cottage Unité de condo • Flex • 812 pi² • À vendre 771 229 $ CAD • Old Orchard Beach, ME 04064



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Faits saillants de l'investissement
- Beachside, steps to the Ocean, Amazing location, Newly renovated, Air Conditioning, Freshly painted, New flooring, Year Round cottage by the sea.
Résumé de l'annonce
Life is short, buy the beach house. Welcome to 165 E Grand Avenue, where you will find Cottage #6 -- a recently renovated 2 bed/2 full bath cottage, with an office and wifi! Whether you're looking for a family getaway, a low-maintenance year-round home by the sea, or an investment property with significant rental potential and the ability to build up, this charming cottage is the hidden gem you've been waiting for. On the Ocean side of East Grand, you are literally steps away from the sandy 7-mile beach -- a stone's throw. Newly renovated, including a new layout. Two condos were combined into 1 free-standing cottage, and converted into a year round cottage. A bonus room/office was added, new light fixtures, freshly painted throughout, 2 updated bathrooms, refinished and freshly painted walls, new flooring, new shiplap living room ceiling, new blown-in insulation, new hot water heater, new mini split for heating and cooling, new stainless steel refrigerator, and new white quartz countertop. The master bedroom ensuite has a vaulted ceiling and a private deck with a garden, manicured lawn and a partial ocean view. The beach is steps away at the top of the street. Part of a non-restrictive association with a low monthly a fee of 167 a month. The turnover in this association is extremely low due to the close proximity to the Ocean and low association fee. Some even have owned since the establishment of the association. Includes 2 parking spots. Non restrictive association -- you can further improve your cottage by building up, or adding a roof deck! No pet restrictions for owners. This cottage has an active short term rental license approved by the town and the potential to earn in excess of 60K a year for someone renting all weeks and months. Don't miss this opportunity to buy the beach house steps to the Ocean and a short walk to many outdoor restaurants.
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- Title and Insurance
- Miscellaneous
1 Unité disponible
- Unité
- Taille de l’unité
- Utilisation du condo
- Prix
- Revenu net d’exploitation
| Type de vente | Investissement ou propriétaire utilisateur | ID/Numéro de lot | 302/6/7 |
| Nbre d’espaces de stationnement | 2 |
| Type de vente | Investissement ou propriétaire utilisateur |
| Nbre d’espaces de stationnement | 2 |
| ID/Numéro de lot | 302/6/7 |
Year Round rental income potential of $63K, if $3000/week for 12 weeks in summer = $36,000, and $3000 a month over the off season months = $27,000.
A free-standing structure in a low-fee association. $167 per mo.
The non-restrictive association allows owners to build UP within their building envelope.
Pets are allowed for owners.
Short term rentals allowed.
Short term rental license has been approved by the town.
All rental weeks convey.
Renovations include: new layout from combining two condos. Added an office. All walls, ceilings and floors have been refinished or replaced. New hot water heater, new mini split for heating and cooling. New quartz kitchen counter, freshly painted throughout. New shiplap ceilings and new wainscoating on kitchen walls, new blown in insulation, new stainless steel refrigerator.
| Unité | Taille de l’unité | Utilisation du condo | Prix | Revenu net d’exploitation |
| Unité 6 | 812 pi² | Flex | 771 229 $ CAD (949,79 $ CAD/pi²) | - |
Unité 6
| Taille de l’unité |
| 812 pi² |
| Utilisation du condo |
| Flex |
| Prix |
| 771 229 $ CAD (949,79 $ CAD/pi²) |
| Revenu net d’exploitation |
| - |
Unité 6
| Taille de l’unité | 812 pi² |
| Utilisation du condo | Flex |
| Prix | 771 229 $ CAD (949,79 $ CAD/pi²) |
| Revenu net d’exploitation | - |
| Type de vente | Investissement ou propriétaire utilisateur |
| Nbre d’espaces de stationnement | 2 |
| ID/Numéro de lot | 302/6/7 |
| Description | |
| Life is short, buy the beach house. Welcome to 165 E Grand Avenue, where you will find Cottage #6 -- a recently renovated 2 bed/2 full bath cottage, with an office and wifi! Whether you're looking for a family getaway, a low-maintenance year-round home by the sea, or an investment property with significant rental potential and the ability to build up, this charming cottage is the hidden gem you've been waiting for. On the Ocean side of East Grand, you are literally steps away from the sandy 7-mile beach -- a stone's throw. Newly renovated, including a new layout. Two condos were combined into 1 free-standing cottage, and converted into a year round cottage. A bonus room/office was added, new light fixtures, freshly painted throughout, 2 updated bathrooms, refinished and freshly painted walls, new flooring, new shiplap living room ceiling, new blown-in insulation, new hot water heater, new mini split for heating and cooling, new stainless steel refrigerator, and new white quartz countertop. The master bedroom ensuite has a vaulted ceiling and a private deck with a garden, manicured lawn and a partial ocean view. The beach is steps away at the top of the street. Part of a non-restrictive association with a low monthly a fee of 167 a month. The turnover in this association is extremely low due to the close proximity to the Ocean and low association fee. Some even have owned since the establishment of the association. Includes 2 parking spots. Non restrictive association -- you can further improve your cottage by building up, or adding a roof deck! No pet restrictions for owners. This cottage has an active short term rental license approved by the town. Rental weeks and income to convey. Don't miss this opportunity to buy the beach house steps to the Ocean and a short walk to many outdoor restaurants with live music and to the pier.</li></ul> | |
| Notes sur la vente | |
| Very close to the Ocean. Amazing location.<br> Year Round rental income potential of $63K, if $3000/week for 12 weeks in summer = $36,000, and $3000 a month over the off season months = $27,000.<br> A free-standing structure in a low-fee association. $167 per mo.<br> The non-restrictive association allows owners to build UP within their building envelope. <br> Pets are allowed for owners.<br> Short term rentals allowed. <br> Short term rental license has been approved by the town.<br> All rental weeks convey.<br> <br> Renovations include: new layout from combining two condos. Added an office. All walls, ceilings and floors have been refinished or replaced. New hot water heater, new mini split for heating and cooling. New quartz kitchen counter, freshly painted throughout. New shiplap ceilings and new wainscoating on kitchen walls, new blown in insulation, new stainless steel refrigerator.</li></ul> |
Faits sur la propriété
| Taille totale du bâtiment | 6 496 pi² | Planchers | 1 |
| Type de propriété | Immeuble residentiel (Condo) | Superficie de plancher typique | 6 496 pi² |
| Sous-type de propriété | Appartement | Année de construction | 1998 |
| Classe d’immeuble | C | Taille du lot | 0,27 AC |
| Zonage | BRD - This is an Oceanside community that allows short term rentals. This is a freestanding structure that is part of a low fee 165/mo non restrictive assn | ||
| Taille totale du bâtiment | 6 496 pi² |
| Type de propriété | Immeuble residentiel (Condo) |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | C |
| Planchers | 1 |
| Superficie de plancher typique | 6 496 pi² |
| Année de construction | 1998 |
| Taille du lot | 0,27 AC |
| Zonage | BRD - This is an Oceanside community that allows short term rentals. This is a freestanding structure that is part of a low fee 165/mo non restrictive assn |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 8 | - | 1 284 |
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165 E Grand Ave - Beachside Cottage
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