$1,290,000

Estimated payment $7,808/month

Total Views 1,682
-- Bed
4 Baths
4,016 Sq Ft
$321 Price per Sq Ft

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Wood Flooring
  • Public Beach
  • Property is near public transit
  • 4-minute walk to Old Orchard Beach Recreation

About This Home

4 Unit apartment building within walking distance of the beach. Many opportunities available. Air B&B the summer and rent the 9 month season to UNE graduate students and visiting nurses. OR. Rent all units year round. OR Half year round and Half Air B&B. OR live in one unit and mix & match the other 3 units. Rental units are in big demand in Southern Maine.

Listing Agent

Donald Pilon

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,871

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 4,016 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: washer & dryer
  • Legal Lot and Block 3 / 14
  • Assessor Parcel Number OOBH-000314-000014-000003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $31,555
  • Gross Income $100,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,871

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: Saco Ave., in Old Orchard Beach heading toward the beach. At the intersection of Saco Ave., and Union Ave., take a right onto Union Ave. The property is approx., a quarter mile down on the right side. Look for sign.
  • Above Grade Finished Sq Ft: 4016.0
  • Architectural Style: Shingle, Colonial, New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4016.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 100200.0
  • Income Expenses Operating Expenses: 31555.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Cable
  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Laminate
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Stories: 2
  • Window Features: Storm Window(s)
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Level, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit, Near Railroad
  • Waterfront: No
  • Exclusions: washer & dryer
  • Construction Type: Wood Siding, Vinyl Siding, Shingle Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: OOBH-000314-000014-000003
  • Zoning: R2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 100200.0
  • Annual Operating Expense: 31555.0

Tax Info

  • Tax Annual Amount: 7871.0
  • Tax Block: 14
  • Tax Book Number: 17427
  • Tax Lot: 3
  • Tax Map Number: 314
  • Tax Year: 2024

Map

Range of Values:

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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 Change Sq Ft Price
05/12/2025 05/12/25 For Sale $1,290,000 -- $321 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1622220

Maine Listings