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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1822 18-22 Fortunes Rocks Rd , Biddeford, ME 04005
$2,100,000
Est. Payment: $4,666.67/mo
6 Bed
3 Bath
2232 Sqft
Status: Active | Days on site: 45
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1059 - 005088,020215
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House Description

Location, location! Investors Take Note! Steps to the Beach! PLEASE ALSO SEE MLS #1673011 These three individual year round (18, 20, 22) Cottages have a Deeded Right of Way to Fortunes Rocks Beach. Each Cottage features 2 Bedrooms, one Bath, Livingroom with a Cozy Fireplace, Sunny Kitchen with Views of the Marsh on the backside of the property with lots of Wildlife to Observe. An enclosed Sunporch for Relaxing and Watching the Lazy Summer Days Roll By! There is at 2-3 Parking spots per Cottage. Your foot path to the Sandy Beach is directly across the street. The owner currently rents the Cottages to long term tenants on a month to month. There are no leases in place. Summer rentals would give you a great return and winter rentals would be ideal for College Students nearby. The University of New England less the 2 Miles away. These Three Cottages would also work great for your vacation property. Occupy one one Cottage and Rent out the other two for good income! Enjoy the Fresh Smells of the Salty Air and the Sounds of the Seagulls and the Crashing Surf!

Highlights

Listed by Paula Standley , 207-590-0909 and Patricia Berry , 207-229-8075 Better Homes & Gardens Real Estate/The Masiello Group , 207-646-5131.

Property Type

Residential

Lot/Acreage
1.39

Year Built

1950

County

York

Listing ID

1673615

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Electric Range, Refrigerator, Cable
Floor:Carpet,Wood,Linoleum
Above Ground Sq Ft:2232
Below Ground Sq Ft:0
Basement:Exterior Entry,Crawl Space
Other:
  • Additional:1st Floor Bedroom, Shower
Water:Public

Exterior Features

Lot:Near Golf Course,Near Public Beach,Level,Open Lot
Zoning:CR
Roof:Shingle
Sewer:Private Sewer
Parking Features:Paved,5 - 10 Spaces,Off Street
Principal Interest
$4,667
Taxes
$1,220

Home Price

$2,100,000

Loan Details

30 yrs
%

Down Payment

20%
$420,000
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Monthly Price:
$4,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,666.67 $1,219.58 $0.00 $5,886.25
Yearly $56,000.00 $14,635.00 $0.00 $70,635.00
Total $1,680,000.00 $439,050.00 $0.00 $2,119,050.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Biddeford, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.