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!
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.
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.
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.
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.
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.
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.