542 Ocean

Property Description:

This unique property has endless possibilities that includes having your own beach house and an additional income property, Investment property or make into condominiums. The front of the home has views of the Atlantic Ocean, and the back has a large grassy yard abutting the marsh of Rachel Carson wildlife preserve with a ton of wildlife and amazing sunsets. The current home has 2 units front and back with 2 bedrooms and 1 bath in each unit. This property is a legal two-family lot, so if you’re creative you can have income and your dream home all in one. The beautiful sand of Moody Beach is a 300-yard walk to public way 3. This is a must see if you’re looking to enjoy Moody Beach as your summer home, income property, investment as both units are currently rented year-round, weekly from May to October and monthly in the winter months. Driveway is a combination of pavement and pavers in parking area which can hold 6-8 vehicle’s. This home comes fully furnished and ready to move in or rent. This home has been lifted with an elevation certificate. The utilities have been separated by unit except for Water and sewer. Each unit has reservations for summer rentals with immediate income to buyers.


Price:
$1,285,000
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Address: 542 Ocean AvenueCity: Wells
State: MEBedrooms: 4
Baths: 2Bathrooms Full: 2
Building Area Total: 1536

Home Features

Architectural Style: RanchBasement: Walk-Out Access, Sump Pump, Exterior Only, Unfinished
Construction Materials: Vinyl Siding, Wood FrameCooling: Other
Flooring: VinylFoundation Details: Pillar/Post/Pier, Concrete Perimeter
Heating: Zoned, Direct Vent Heater, BaseboardInterior Features: 1st Floor Bedroom, Bathtub, One-Floor Living
Lot Size Square Feet: 6534Parking Features: 5 - 10 Spaces, Other, Paved, On Site
Roof: ShingleSewer: Public Sewer
Water Source: PublicYear Built: 1968
List Office Name: The Maine Real Estate Experience