Building Details:
21 Union Avenue in the seaside town of Old Orchard Beach has an excellent rental history. Rents have climbed significantly over the last 3 years providing a positive rate of return on investment.
(see pro forma)
This building offers many updated features, such as large clean and comfortable units, updated electrical, good heating system and is located within walking distance to the beach. This property is a solid income producer, with a good location that is convenient to in town services. Ample parking with a garage that also produces a monthly rental income.
The price has been reduced substantially from previous marketing efforts.
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