107 Ocean AVE, Old Orchard Beach, ME 04064
107 Ocean AVE, Old Orchard Beach, ME 04064
107 Ocean AVE, Old Orchard Beach, ME 04064
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Listed by Mitchell Holman Century 21 North East
$649,999
Est. payment /mo
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3 Baths
2,199 SqFt
Active

107 Ocean AVE Old Orchard Beach, ME 04064

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,199 sqft

Price per Sqft $295

MLS Listing ID 1652589

Style Post & Beam

Full Baths 3

HOA Y/N No

Year Built 1880

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Source Maine Listings

Land Area 2199

Property Description

Looking for a turnkey multi-unit, the major work has already been done AND short distance to the beach? Then welcome to 107 Ocean Ave in Old Orchard Beach, offering a cap rate of 8.4! This three unit property has had significant renovations completed in 2022, which include a new roof and siding, exterior improvements, updated electrical and plumbing systems, three new heating systems, three new hybrid water heaters, and numerous new windows! Extensive interior renovations have also been completed, offering updated living spaces throughout. Additional features include two closed in glass porches, a peaceful backyard, and ample basement storage. A driveway has been installed, so no need for tenants to look for off street parking! Each unit is separately metered with its own electrical panel, dual heating systems, and individual propane tanks, which offer ease of management. Whether you're seeking an investment property, Airbnb, or owner occupied multi-unit in a desirable location that the heavy lifting has already been done, please reach out to me!

Location

State ME

County York

Zoning R2

Direction GPS friendly!

Rooms

Other Rooms Shed(s)

Basement Bulkhead, Interior Entry, Partial, Unfinished

Interior

Interior Features Shower

Heating Electric, Gas Bottled, Baseboard

Cooling None

Flooring Tile, Wood, Luxury Vinyl

Equipment Cable, Internet Access Available

Window Features Double Pane Windows,Storm Window(s)

Exterior

Parking Features Gravel, 5 - 10 Spaces, On Site, On Street

Utilities Available Utilities On

Waterfront Description Nearby

Roof Type Shingle

Porch Glassed-in Porch

Garage No

Building

Lot Description Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot

Foundation Poured Concrete

Water Public

Architectural Style New Englander

Others

Tax ID OOBH-000314-000011-000008


Maine MLS (MREIS) IDX

Nearby Locations

Elevate Maine Realty

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME 04105-1301, USA

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107 Ocean AVE