Old Orchard Beach ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,640
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1900
Baths:
4.00
MLS#:
1607069

ADDITIONAL INFORMATION

Step into coastal living at its finest with this charming beach cottage-style 2-unit property, located just steps away from 7 miles of sandy beach and a short walk to the iconic pier and local amusements. The perfect blend of convenience and relaxation awaits at this versatile home, offering year-round comfort or a lucrative rental opportunity. Both units come fully furnished, with all existing furniture and furnishings included, making this a true turnkey opportunity. Each unit features an identical, mirrored layout, starting with a large enclosed sunporch that serves as a private entrance. The open-concept first floor allows for easy entertaining, with a spacious living room, dining area, and kitchen, plus a half bath and convenient laundry hookup. Upstairs, you'll find four bedrooms in each unit, including two oversized rooms that comfortably accommodate multiple beds - perfect for large groups. Unit 14A boasts beautiful water views from the second floor, enhancing its coastal charm. The property also includes basement storage, separate utilities (heat and electricity), newer boilers and a shared outdoor entertaining area complete with a grill and ample seating, ideal for summer gatherings. For those considering future options, 14 Union Ave offers the potential to be converted into two separate condos, providing added flexibility for the next owner. Whether you're looking for a summer retreat, a year-round residence, or a turnkey investment with strong rental potential, this property is ready to welcome you to the best of Old Orchard Beach living!

Type:
Multi-Family
Sq.Ft.:
2,880
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1950
Baths:
5.00
MLS#:
1606077

ADDITIONAL INFORMATION

Welcome to this beautifully renovated multi-family! Within walking distance to Old Orchard Beach Pier. Make this your primary and rent one of the units OR turn this property into rental for all the tourists that come to OOB OR live in one and kids / parents in the other. The possibilities are endless. Many updates have been completed and this property is truly turn-key. The primary unit is a 3 bedroom ranch with sun room off the rear and full finished basement. The basement has large family room, bar, den or office and 3/4 bath. The rear addition is a 2 story apartment with 2-3 bedrooms and 2-1/2 baths. There have been several renovations done in 2007 as well as additions being added 2016-2017. The backyard is fenced in with bar, outdoor seating, storage shed, walkways and areas for gardening. There is also two separate parking areas so you don't have to shuffle cars around. Come make Old Orchard Beach Home! You'll love it and everything it has to offer. Especially its' close proximity to the beach.

Type:
Multi-Family
Sq.Ft.:
2,880
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1950
Baths:
4.00
MLS#:
5017408

ADDITIONAL INFORMATION

Welcome to this beautifully renovated multi-family! Within walking distance to Old Orchard Beach Pier. Make this your primary and rent one of the units OR turn this property into rental for all the tourists that come to OOB OR live in one and kids / parents in the other. The possibilities are endless. Many updates have been completed and this property is truly turn-key. The primary unit is a 3 bedroom ranch with sun room off the rear and full finished basement. The basement has large family room, bar, den or office and 3/4 bath. The rear addition is a 2 story apartment with 2-3 bedrooms and 2-1/2 baths. There have been several renovations done in 2007 as well as additions being added 2016-2017. The backyard is fenced in with bar, outdoor seating, storage shed, walkways and areas for gardening. There is also two separate parking areas so you don't have to shuffle cars around. Come make Old Orchard Beach Home! You'll love it and everything it has to offer. Especially its' close proximity to the beach.

Type:
Multi-Family
Sq.Ft.:
6,152
Status:
Active
Beds:
n/a
Lot size:
0.26 Acres
Year built:
1900
Baths:
4.00
MLS#:
1604826

ADDITIONAL INFORMATION

6,152± SF multifamily property. Two 2-bedroom units in the front and two 3-bedroom units in the back. Back two units remodeled in 2018. Four driveways with ample parking for tenants. Located close to the beach.

Type:
Multi-Family
Sq.Ft.:
2,288
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1952
Baths:
3.00
MLS#:
1592005

ADDITIONAL INFORMATION

Prime Investment Opportunity Near the Ocean! This versatile three-unit property, just a short stroll from the beach, amusement park, Amtrak station, and local shops and restaurants, offers six bedrooms and three bathrooms in total—each unit featuring two bedrooms and one bath. Generating six figures in annual revenue, it's perfect for short-term vacation rentals or off-season long-term tenants. The property also includes a charming backyard green space, a convenient storage shed, and parking for three vehicles. Private viewings only.

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067



Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated {{last updated}}.




Old Orchard Beach Real Estate

The median home value in Old Orchard Beach, ME is $417,400. This is lower than the county median home value of $425,900. The national median home value is $338,100. The average price of homes sold in Old Orchard Beach, ME is $417,400. Approximately 50.04% of Old Orchard Beach homes are owned, compared to 21.46% rented, while 28.5% are vacant. Old Orchard Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Old Orchard Beach real estate agent to arrange a tour today!

Old Orchard Beach, Maine 04064 has a population of 8,954. Old Orchard Beach 04064 is less family-centric than the surrounding county with 6.6% of the households containing married families with children. The county average for households married with children is 27.9%.

The median household income in Old Orchard Beach, Maine 04064 is $55,766. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Old Orchard Beach 04064 is 56.7 years.

Old Orchard Beach Weather

The average high temperature in July is 78.3 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 49.2 inches per year, with 60.1 inches of snow per year.

Old Orchard Beach Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    67
    30-day change

Old Orchard Beach Schools and Demographics

Education near Old Orchard Beach, ME

Metric City County
High School Graduates 95.77 94.39
College Degree - 2 year 13.8 11.18
College Degree - 4 year 41.6 32.77
Graduate Degree 10.79 8.96
Expenditures per Student 17,971 17,971
Students per Teacher 11.9 11.9

Elementary Schools near Old Orchard Beach, ME

School Grades Students P/T Ratio ZIP
Biddeford Primary School 01 - 03 556 12.8 04005
Blue Point School KG - 02 223 10.7 04074
C K Burns School 03 - 05 593 04072
Eight Corners Elementary School KG - 02 221 10.4 04074
Governor John Fairfield School KG - 02 271 04072
Jameson Elementary School KG - 03 236 9.6 04064
Mildred L Day School KG - 05 233 13.8 04046
Wentworth School 03 - 05 697 12.7 04074
Young School KG - 02 317 04072

Middle Schools near Old Orchard Beach, ME

School Grades Students P/T Ratio ZIP
Biddeford Intermediate School 04 - 05 374 11.8 04005
Biddeford Middle School 06 - 08 534 10 04005
Loranger Middle School 04 - 08 295 8.7 04064
SACO Middle School 06 - 08 623 04072
Scarborough Middle School 06 - 08 799 11.6 04074

High Schools near Old Orchard Beach, ME

School Grades Students P/T Ratio ZIP
Biddeford High School 09 - 12 801 14.8 04005
Old Orchard Beach High School 09 - 12 257 8.7 04064
Scarborough High School 09 - 12 998 12.4 04074

Ungraded Schools near Old Orchard Beach, ME

School Grades Students P/T Ratio ZIP
Biddeford Regional Center of Tech UG - UG 0 0 04005

Demographics near Old Orchard Beach, ME 04064

Metric Zip Code City
Neighborhood Type Small town
Population 8,954 210,486
Population Density 1,205 212
Median Age 56.7 45.4
People per Household 1.7 2.4
Median Household Income 55,766 73,856
Average Income per Capita 45,572 39,450