78 E Grand Ave Unit 210, Old Orchard Beach, ME 04064

$524,900
3
BD
2
BA
1,457
SqFt

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Listing courtesy of The Collective Real Estate Co.

List Price
$524,900
MLS#
1657083
Status
ACTIVE UNDER CONTRACT
Type
Condo
City
Old Orchard Beach
County
York
Bedrooms
3
Bathrooms
2
Living Area
1,457
Lot Size
14,374
Year Built
2004

Property Description

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.

Additional Information

Living Area
1,457
Electric
Circuit Breakers
Water
Public
Basement
Interior Entry, Full, Unfinished
Cooling
Heat Pump
Year Built
2004
Acres
0.33
Roof
Shingle
Style
Other
Courtesy Of Listing Office
The Collective Real Estate Co

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