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Offered at $2,100,000Active
beds
—
baths
3
sq ft
2,232
Built
1950

18-22 Fortunes Rocks Road

Biddeford, ME 04005

About this home

Location, location! Investors Take Note! Steps to the Beach! Also reference MLS # 1673615 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 are 2-3 Parking spots per Cottage. Your footpath 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 cottages to produce good rental income year round. Smell the Salt air and the sounds of Seagulls and the Crashing Surf!

Listing last checked: Listing updated:

Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1673011

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Details at a glance

Interior4 property facts
Heating
Oil, Hot Water
Cooling
None
Flooring
Carpet, Wood, Linoleum
Fireplaces
3
Building4 property facts
Style
Other
Year built
1950
Garage
0
Roof
Shingle
Land & utilities4 property facts
Lot size
1.39 acres
Water
Public
Sewer
Private Sewer
Zoning
CR
Financial2 property facts
Annual taxes
$14,635
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $2,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$11,838 / monthAdjust
Principal & interest
$10,619
Property tax
$1,220
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $14,635. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 18-22 Fortunes Rocks Road

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Request a tour of 18-22 Fortunes Rocks Road and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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