FOR SALE: Great Income Potential

Quick Facts

  • Price: $900,000
  • Bedrooms:
  • Bathrooms:
  • City/State: Scarborough, Maine 04074
  • Living space in sq ft:
  • Virtual tour: Not Available
  • Date Posted: Thu, Jul 06, 2006
  • Viewed: 1802 times
  • Ad Number: 111668

Contact Seller

Or, if you'd prefer, call 1-866-999-4764. Make sure to have the ad number, 111668, ready.

Description

This property has great Income potential for either year round rental or Seasonal rentals. There are 7 units in all and each unit consists of the following number of rooms.

Unit 1 4 rooms
unit 2 4 rooms
Unit 3 4 rooms
Unit 4 4 rooms
Unit 5 6 rooms
Unit 6 3 rooms
Unit 7 6 rooms

The income potential for year round rental is 76,800.00 for summer/winter rental it is 108,400.00 Summer 3 months potential income 50800 winter months potential income 57600

This property has a spectacular view of the Scarborough Marsh and is walking distance to Old Orchard beach.

The property consist of the following ammenities:

Public water, public sewer, paved rd, all new vinyl siding, new windows, and new roofing. Flood insurance $3758.00

This is a must see and great income provider!!!

Features

  • Age: 56
  • Size of property: 0.26
  • Architectural type: Other
  • Property type: Other
  • View: Water View
  • Yearly taxes or condo fees: 6553.93
  • Parking facilities: Offstreet
  • Laundry facilities: On the premises
  • Cooking type: Gas
  • Amenities: Pets, Microwave, Balcony, Patio or Deck, CableTV, Near Mass Transit, Storage

Other Information

  • Country: USA
  • County: Cumberland
  • Type of seller: Owner
  • Nearby cities or towns: Cape Elizabeth, Ocean Park, Old Orchard Beach, Portland, Saco, South Portland, Westbrook,
  • When is it available?: immediately
  • School district: Scarborough


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