Condominium in Old Orchard Beach, Maine

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Old Orchard Beach, ME 04064

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1 Bed, 1 Bath
Condominium
644 sq. ft. ($136 per sq. ft.)
Listing ID: JPP6434

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Property Highlights

  • Single story

Property Description

Modern 1st floor unit in an 18 unit "Garden Style" complex has 644 sq'. Convenient location near Ocean Park Rd., I 95, & Rt.1-Located a 16 smithwheel Rd. Close to shopping, 7 miles of sandy beach front. Dunegrass Golf Course, Amtrak, On Bus Rt. , 20 minutes to Portland. Unit is freshly painted, new H/W heater, new carpets and floor covering, Bedroom 14'x10'/with large double closet. Living/dining area 15'x13', Kitchen 7'x11'. W/D located in common hallway (free use). Two reserved parking spaces with added spaces for guest. Secure building. Options for Elect. or Gas Heat. Highly energy efficient. CMP. Elec. bills for the year range from $33 to $54/mo. If opt to use Gas heater for winter = $155/yr. Fully applianced kitchen. Taxes = $1,073/yr. Condo fee = $125/mo. Use a Primary residence, Investment or Vacation home. 1hr 40min from Boston. Use summer months and rent for winter seasonal rental market. Rents = $695-$725/mo. Town appraised for tax bill at $82,900. Own for less than rent with 1st time home buyer incentives and lower interest rates. Act now as gov. incentives slated to end this fall. For sale by owner.


* Est. payment based on 20% down and a 30-year fixed rate of 5.375%

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January 14, 2010

More power to home sellers?

Sellers seem to be holding their price a little better this month according to a new report on CNBC. Is this the beginning of a trend of price support in some major markets? Let's look at the numbers....

Read more at the real estate news blog...

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