542 Ocean Avenue

Wells, ME 04090

MLS ID# 1583995 Active

$1,495,000

1536 sqft


Description

Beyond the breathtaking location, this duplex presents an excellent investment opportunity with its proven track record of generating substantial rental income. Whether you're seeking a vacation retreat, a permanent residence, or an income-generatin... show more

Location Information

  • Street # 542
  • Street Name Ocean
  • Street Type Avenue
  • County York
  • Town Wells
  • State/Province ME
  • Zip Code 04090
  • Zip +4 3973
  • Leased Land No
  • Book 19062
  • Page 516
  • Map 112
  • Lot 22
  • Zoning RB
  • Zoning Overlay Unknown
  • Tax ID WLLS-000112-000000-000022
  • Association No
  • School District Wells-Ogunquit CSD
  • Full Tax Amount 7529
  • Tax Year 2023

Property Information

  • Surveyed Yes
  • Seasonal No
  • Owner Occupied Yes
  • 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 2
  • Total Full Baths 2
  • Total Half Baths 0
  • Color white
  • Year Built 1968
  • SqFt Finished Above Grade 1536
  • SqFt Finished Below Grade 0
  • SqFt Finished Total 1536
  • SqFt Source Public Records
  • Garage No
  • Lot Size Acres +/- 0.15
  • Source of Acreage Public Records
  • Road Frontage Yes
  • Road Frontage +/- 51
  • Source of Road Frontage Public Records

Compensation & Misc Info

  • Buyer Agency 2%

Directions

From Route one South in Wells, turn left on Eldridge road the turn right on Ocean ave, property will be on the right

Details

  • Site

    Level, Open, Other Site

  • Roads

    Paved, Public

  • Water Info

    No Water Frontage, Water View, Water Body Name:Atlantic

  • Water Body Type

    Ocean

  • Recreational Water

    Beach Rights, Public

  • View

    Scenic

  • Building Info

    # Fireplaces:0, # Stories:1, # Floors:1, # Heating Units:2, # Water Heaters:2

  • Income & Expenses

    Gross Income:129000, Operating Expenses:1

  • Units

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

  • Unit 1

    No Lease, Level:First, No Security Deposit, Monthly Rent:1, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 2

    No Lease, Level:First, No Security Deposit, Monthly Rent:1, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

  • Style

    Duplex, Ranch

  • Construction

    Wood Frame

  • Basement

    None, Partial

  • Basement Entry

    Exterior Only

  • Foundation Materials

    Pillar/Post/Pier, Poured Concrete

  • Exterior

    Vinyl Siding

  • Roof

    Pitched, Shingle

  • Heat System

    Baseboard, Direct Vent Heater

  • Heat Fuel

    Electric, Gas Natural

  • Water Heater

    Gas, Tank

  • Cooling

    A/C Units

  • Floors

    Carpet, Vinyl

  • Amenities

    Bathtub

  • Patio and Porch Features

    Deck

  • Equipment

    Cable, Internet Access Available

  • Driveway

    Paved

  • Parking

    1 - 4 Spaces, Off Street, On Site

  • Vehicle Storage

    No Vehicle Storage

  • Restrictions

    Other Restrictions

  • Electric

    Circuit Breakers

  • Utilities

    No Utilities On

  • Gas

    Bottled

  • Sewer

    Public Sewer

  • Water

    Public


This listing was last updated on 2024-04-08T06:32:04Z

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