$799,900

3 Central Ave Old Orchard Beach, ME 04064

Estimated payment $4,733/month

Total Views 12
-- Bed
6 Baths
3,467 Sq Ft
$231 Price per Sq Ft

Highlights

  • Nearby Water Access
  • Deck
  • Wood Flooring
  • Public Beach
  • Property is near public transit
  • New Englander Architecture

About This Home

Well-maintained 5-unit building in a desirable Old Orchard Beach location, just a half mile to the sand and a little over a mile to the Pier. Property features four 1-bedroom units and one 2-bedroom unit, with long-term tenants in place offering consistent year-round rental income. Set on a quiet street just outside the hustle and bustle, yet within easy reach of shops, restaurants, public transit, and the beach. A great opportunity for investors or potential owner-occupants looking to enjoy coastal living with income to support it.

Listing Agent

Alexcia Smith

Maine Real Estate Co Listed on: 10/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,901

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Public Beach
  • Corner Lot
  • Level Lot

Home Design

  • 3,467 Sq Ft Home
  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: wash and dryer in bottom unit
  • Legal Lot and Block 5 / 15
  • Assessor Parcel Number OOBH-000314-000015-000005

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $9,316
  • Gross Income $41,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,901

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • MLS Status: Active
  • Directions: Saco Ave Old Orchard, to Union Ave, Central Ave, property is on corner of Ocean Ave and Central Ave
  • Above Grade Finished Sq Ft: 3467.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3467.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: 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
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 5
  • Income Expenses Gross Income: 41700.0
  • Income Expenses Operating Expenses: 9316.0
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Parking:On Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full
  • Full Bathrooms: 6
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Railroad
  • Waterfront: No
  • Exclusions: wash and dryer in bottom unit
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Heat Pump, Direct Vent Heater, Baseboard
  • 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: 6098.4
  • Parcel #: OOBH-000314-000015-000005
  • Zoning: Res-2

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 41700.0
  • Annual Operating Expense: 9316.0

Tax Info

  • Tax Annual Amount: 5901.0
  • Tax Block: 15
  • Tax Lot: 5
  • 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
10/02/2025 10/02/25 For Sale $799,900 -- $231 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1639579

Maine Listings
Maine York County Old Orchard Beach 04064

3 Central Ave, Old Orchard Beach, ME

This home is located at 3 Central Ave, Old Orchard Beach, ME 04064 and is currently priced at $799,900, approximately $230 per square foot. This property was built in 1900. 3 Central Ave is a home located in York County with nearby schools including Jameson Elementary School, Loranger Memorial School, and Old Orchard Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Alexcia Smith
Listing Agent
Alexcia Smith
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Maine Real Estate Co
(207) 360-4312