NOT LISTED FOR SALE

10 Hillcrest Ave Old Orchard Beach, ME 04064

-- Bed
5 Baths
4,032 Sq Ft
4,792 Sq Ft Lot

Last Sold May 31, 2022

Last sale price $756,517 $188 Per Sq Ft

18 Days on Market

Highlights

  • Public Beach
  • Wooded Lot
  • Forced Air Heating System
  • Country Club
  • No HOA
  • Property is near a golf course

About This Home

As of May 2022

Turn-key 5 unit apartment building in excellent condition w/ an abundance of parking and just a short walk to Old Orchard's fabulous beach and pier! Use this property as a rental or Air BnB!
(2) 1 bedrooms, (1) 2 bedroom, (1) 3 Bedroom & (1) 4 bedroom unit.

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 03/18/2022

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,432

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Public Beach
  • Wooded Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5 Full Bathrooms
  • 4,032 Sq Ft Home
  • 3-Story Property
  • Carpet

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Off-Street Parking

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 5 / 17
  • Assessor Parcel Number OOBH-000312-000017-000005

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $15,439
  • Gross Income $78,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,432

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • MLS Status: Closed
  • Directions: GPS
  • Above Grade Finished Sq Ft: 4032.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 198.16
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4032.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Property Information:Number of Units: 5
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 78420.0
  • Income Expenses Operating Expenses: 15439.0
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Site:Wooded: Yes
  • Location:Near Country Club: Yes
  • Driveway:Reclaimed: Yes
  • Advertising Remarks:Advertising Remarks: Turn-key 5 unit apartment building in excellent condition w/ an abundance of parking and just a short walk to Old Orchard's fabulous beach and pier! Use this property as a rental or Air BnB! (2) 1 bedrooms, (1) 2 bedroom, (1) 3 Bedroom & (1) 4 bedroom unit.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Finished, Interior Entry
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Carpet

Exterior Features

  • Lot Features: Wooded, Near Golf Course, Near Public Beach, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Reclaimed, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: OOBH-000312-000017-000005
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 78420.0
  • Annual Operating Expense: 15439.0

Tax Info

  • Tax Annual Amount: 5432.0
  • Tax Block: 17
  • Tax Lot: 5
  • Tax Year: 2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $756,518 -15.8% $188 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $899,000 +74.6% $223 / Sq Ft
10/19/2018 10/19/18 Sold $515,000 -14.0% $128 / Sq Ft View Prior Sale
09/02/2018 09/02/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $599,000 -- $149 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Gadbois

    Seller's Agent in 2022

    Thomas Gadbois

    F.O. Bailey Real Estate

    (207) 409-8339

    3 in this area

    145 Total Sales

    Thomas Gadbois
    Section Image
  • Nancy Moreshead

    Buyer's Agent in 2022

    Nancy Moreshead

    The Real Estate Store

    (207) 329-3545

    112 in this area

    123 Total Sales

    Nancy Moreshead
    Section Image
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Map

Source: Maine Listings

MLS Number: 1522108

Maine Listings
Maine York County Old Orchard Beach 04064

10 Hillcrest Ave, Old Orchard Beach, ME

Not Listed for Sale

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