5 Fourth Avenue
Old Orchard Beach, ME 04064
- 5 beds
- 2 baths
- 1,925 sqft
- 5,227 sqft lot
- $675 per sqft
- 1921 build
- – on site
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.
Listing courtesy of MREIS / Portside Real Estate Group
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Last updated May 27, 2024
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MLS# 1588738 —
Monthly cost estimate
Asking price
$1,300,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,961
|
Taxes | $701 |
Insurance | $357 |
Utilities | $433 See report |
Total | $8,452/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
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The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/7/24
May 7, 2024
|
Listed / Active | MREIS | $1,300,000 | 130.1% (20.0% / YR) |
11/6/17
Nov 6, 2017
|
MREIS | $565,000 |