1 E Grand Avenue, #506, Old Orchard Beach, ME, 04064
4 rooms
2 beds
2 Full baths
2006
High Rise
1,339 sqft
Perched on the top floor of the exclusive Grand Victorian Hotel Condominium, this well-appointed 2-bedroom, 2-bath residence offers both comfort and proven income potential. Originally built as an investment property, the unit is ideally suited for short-term rentals, with winter and summer tenants already in place—providing immediate, built-in revenue for the new owner. The top-floor location offers added privacy and a quiet retreat after a day of enjoying the area's amenities. Owners and guests appreciate access to the Grand Victorian's hotel-style features - indoor heated saltwater pool, sauna and fitness room; all within a professionally managed condominium association. Whether you're seeking a turnkey investment or a flexible ownership opportunity, this condo delivers a rare combination of location, convenience, and income stability.
Status:
Active
Type:
Condo
Furnished Remarks:
Furnished
Laundry Remarks:
Laundry - 1st Floor, Main Level
Zoning:
CZ-1
Complex:
Grand Victorian Hotel Condominium
Heating:
Forced Air
Cooling:
Central Air
Basement:
Not Applicable
Parking:
Reserved Parking, 1 - 4 Spaces, Paved, Common, Off Site, On Site
Common Charge:
$838 Monthly
Acreage:
1.44
Est. Taxes:
$7,886
HOA Fee
$838
Construction
Composition, Steel Frame
Lot Description:
Well Landscaped, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad
View Description:
Scenic
Amenities:
Elevator Passenger, Bathtub, One-Floor Living
Waterfront:
Yes
Pet Policy:
2 Pets
Appliances:
Washer, Wall Oven, Refrigerator, Microwave, Dryer, Dishwasher, Cooktop
Pool:
In Ground
MLS #:
1651590
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Grand Real Estate & Management