542 Ocean Avenue Wells, ME

$1,489,000
Baths 2
Square Footage 1,536
Acres 0.15
Photo of 542 Ocean Avenue Wells ME 04090




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-generating property, 542 Ocean Avenue caters to a variety of lifestyle preferences. The thoughtfully designed layout of the duplex maximizes comfort and functionality, providing a harmonious balance of modern amenities and coastal aesthetics. Each unit is adorned with tasteful finishes and features that enhance the overall appeal of the property, making it an ideal retreat for residents and renters alike. Discover the charm of this wonderful duplex that seamlessly marries the convenience of beach access, a prime location steps from the Atlantic, and the potential for excellent rental income. Embrace the coastal lifestyle you've always dreamed of at 542 Ocean Avenue in Moody / Wells- ''The friendliest town in Maine''


Listed by RE/MAX Realty One, Donald Wunder 207-646-4546

Details

MLS 1583995
Status Active
Price $1,489,000
DOM 100 days
Type Multi-Family
Style Duplex, Ranch
Total Baths 2 full baths
Square Feet 1,536 sqft
Lot Size 0.15 acres
Year Built 1968
Taxes Paid $7,529

Lot & Building Features

Cooling A/C Units
Tax Year 2023
Taxes Paid $7,529

Room Details

Basement Description Exterior Only, Partial, None

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 4
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4

Map

Multi-Family Home for Sale: 542 Ocean Avenue, Wells, ME 04090

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Financing

$
20%
0.50564137004701%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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