NOT LISTED FOR SALE

24 Central Ave Old Orchard Beach, ME 04064

-- Bed
5 Baths
5,933 Sq Ft
0.33 Acres

Last Sold June 15, 2018

Last sale price $577,500 $97 Per Sq Ft

7 Days on Market

Highlights

  • Public Beach
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Porch
  • Garage

About This Home

As of June 2018

Rare opportunity to purchase this 5 unit building located less than a half mile from the beach. This unique property has 3-2 bedroom units and 2-1 bedroom units and has been meticulously maintained. There is off street parking for all units along with large covered porches and decks. Many updates include windows, roofing, siding and electrical. The building also includes a full sprinkler system and a 1 car garage.

Last Agent to Sell the Property

Dan Patry

Patry Family Realty, Inc. Listed on: 04/16/2018

Last Buyer's Agent

Scott Metzger

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,318

Year Built

  • Built in 1900

Lot Details

  • 0.33 Acre Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 5,933 Sq Ft Home
  • 3-Story Property
  • Fire Sprinkler System

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Assessor Parcel Number OOBH-000314-000005-000001

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $10,591
  • Gross Income $56,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,318

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Saco Ave. to Union Ave. Head towards ocean and take a right onto Central Ave. The property is on the right.
  • Above Grade Finished Sq Ft: 5933.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 97.34
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 5933.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 56460.0
  • Income Expenses Operating Expenses: 10591.0
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Property Information:Bank Owned REO: No
  • Misc Amenities Sprinkler: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Intown, Near Public Beach, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl 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

Utilities

  • Security: Sprinkler, Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 14374.8
  • Parcel #: OOBH-000314-000005-000001
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 56460.0
  • Annual Operating Expense: 10591.0

Tax Info

  • Tax Annual Amount: 6318.0
  • Tax Block: 5
  • Tax Lot: 1
  • Tax Year: 2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
06/15/2018 06/15/18 Sold $577,500 -1.3% $97 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $585,000 -- $99 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dan Patry

    Patry Family Realty, Inc.

    (207) 934-4538

    9 in this area

    100 Total Sales

    Dan Patry
    Section Image

  • S

    Buyer's Agent in 2018

    Scott Metzger

    Coldwell Banker Realty

    Section Image

  • J

    Buyer's Agent in 2018

    James Metzger Jr

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1345137

Maine Listings
Maine York County Old Orchard Beach 04064

24 Central Ave, Old Orchard Beach, ME

Not Listed for Sale

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