Listing courtesy of The Collective Real Estate Co.
Welcome to an exceptional oceanside investment opportunity! Ideally situated just one block from the beach and a short stroll to the iconic Old Orchard Beach Pier, this beautifully decorated, turn-key property offers the perfect blend of convenience, comfort, and strong income potential. Step into a thoughtfully designed space featuring expansive bedrooms and large, well-appointed bathrooms, highlighted by updated finishes and inviting coastal charm. Whether for personal use or as a short-term rental, this 3 bedroom unit that conveys fully furnished is move-in ready and positioned for immediate enjoyment or continued success. A standout feature is the remarkably low HOA fee, which includes heat, electricity, water, sewer, and Wi-Fi--providing exceptional value and predictable operating expenses. The property also offers parking for two vehicles, a highly desirable feature in this prime beach location. This unit is the largest and only 3 bedroom in the association. It includes an expansive private deck and encompasses an entire second floor, giving it a rare stand alone feel with the convenience and benefit of a condo community. With a strong rental history, consistent 5-star ratings on Airbnb and VRBO and an NOI of over 50k, this property has a proven track record as a high-performing investment. Whether you're seeking a personal getaway, a reliable income-producing property, or both, this opportunity truly delivers.
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