7 Summit Street

Old Orchard Beach, ME 04064

MLS ID# 1548998 Closed

Closed $894,000

2 parking spaces
3863 sqft


Description

Don't miss out on this money making opportunity in the heart of Old Orchard Beach. Just 3 short blocks from the ocean and all downtown area attractions. This duplex was built in 2004 and has a rental history with more room to grow. Unit 1 features... show more

Location Information

  • Street # 7
  • Street Name Summit
  • Street Type Street
  • County York
  • Town Old Orchard Beach
  • State/Province ME
  • Zip Code 04064
  • Zip +4 2218
  • Leased Land No
  • Book 18987
  • Page 0672
  • Map 206
  • Block 28
  • Lot 2
  • Zoning R1
  • Zoning Overlay No
  • Tax ID OOBH-000206-000028-000002
  • Association No
  • Full Tax Amount 7333
  • Tax Year 2021

Property Information

  • Surveyed Yes
  • Seasonal No
  • Owner Occupied No
  • Short Sale Continue to Show No
  • Deed/Conveyance Type Offered Warranty
  • Deed All
  • Deed Restrictions Unknown
  • Bank Owned REO No
  • 2 Detached Houses on 1 Lot No
  • Number of Units 2
  • Total Baths 5
  • Total Full Baths 4
  • Total Half Baths 1
  • Color Tan
  • Year Built 2004
  • SqFt Finished Above Grade 3863
  • SqFt Finished Below Grade 0
  • SqFt Finished Total 3863
  • SqFt Source Public Records
  • Garage Yes
  • Garage Spaces 2
  • Lot Size Acres +/- 0.2
  • Source of Acreage Public Records
  • Road Frontage Yes
  • Road Frontage +/- 50
  • Source of Road Frontage Public Records

Compensation & Misc Info

  • Buyer Agency 2%

Directions

From OOB Exit take Saco Ave to left onto Summit, 2nd property on the left

Details

  • Site

    Level, Open
  • Roads

    Paved, Public
  • Transportation

    Public Transport Access, Rail Available
  • Water Info

    No Water Frontage, Water View:Seasonal, Water Body Name:Atlantic Ocean
  • Water Body Type

    Ocean
  • Recreational Water

    Nearby, Public
  • View

    Scenic
  • Building Info

    # Stories:2, # Heating Units:1, # Water Heaters:1
  • Income & Expenses

    Gross Income:96408, Operating Expenses:14800
  • Units

    # of 1 BD Units:0, # of 2 BD Units:0, # of 3 BD Units:1, # of 4+ BD Units:1
  • Unit 1

    Lease, Level:First, No Security Deposit, Monthly Rent:2500, # Full Baths:2, # of Half Baths:1, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water
  • Unit 2

    Lease, Level:First, Security Deposit, Monthly Rent:2500, # Full Baths:2, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water
  • Style

    Duplex
  • Construction

    Wood Frame
  • Basement

    Full, Unfinished
  • Basement Entry

    Interior
  • Foundation Materials

    Poured Concrete
  • Exterior

    Vinyl Siding
  • Roof

    Shingle
  • Heat System

    Baseboard, Forced Air, Hot Water, Multi-Zones
  • Heat Fuel

    Oil
  • Water Heater

    Off Heating System, Oil
  • Cooling

    None
  • Floors

    Carpet, Laminate, Tile, Wood
  • Amenities

    Walk-in Closets
  • Patio and Porch Features

    Patio
  • Equipment

    Cable
  • Driveway

    Paved
  • Parking

    1 - 4 Spaces, On Site
  • Vehicle Storage

    2 Car, Direct Entry to Living
  • Restrictions

    No Restrictions
  • Electric

    Circuit Breakers
  • Utilities

    Utilities On
  • Gas

    No Gas
  • Sewer

    Public Sewer
  • Water

    Public
  • Sold Info

    Buyer's Zip Code:01844, Seller Contributions:10000, Appraiser:008712, Appraiser Name:Leonard Delcourt, Appraiser Phone Number:207-415-1702, Appraiser Email Address:[email protected]
  • Sold Terms

    Conventional
  • Sold Terms Other

    Not Applicable


This listing was last updated on 2024-04-05T18:49:08Z

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.