113-115 Saco Avenue

Old Orchard Beach, ME 04064
Baths
3
Square Ft.
2,702
$750,000
Discover an exceptional investment and lifestyle opportunity just minutes from one of Maine's most popular beaches! 113-115 Saco Avenue features a beautifully maintained two-unit residential building plus a detached commercial space, ideally situated in the vibrant coastal community of Old Orchard Beach. Main Building (Two Units) Unit 1 (First Floor): 3-bedroom, 1-bath apartment renovated in 2017, featuring updated kitchen and bath, modern finishes, and a bright, open layout—perfect for year-round living or seasonal rental income. Unit 2 (Second Floor): Comfortable 2-bedroom, 1-bath apartment offering great natural light, functional layout, and excellent rental potential. Detached Commercial Building: A stand-alone commercial space currently home to a beloved local restaurant—an established business that brings steady foot traffic and neighborhood charm. Updates to the commercial space include new heat pumps, roof, and electrical panel. Highlights: Three total units: Two residential apartments + one commercial space. Flexible income property—live in one unit, rent the others, or maintain as an investment. Prime location along Saco Avenue—minutes to the beach, pier, dining, shops, and Route 1 access Ample parking for tenants, guests, and patrons Strong rental history and long-term tenant in the commercial space.
Market LogoCourtesy of Keller Williams Realty 207-879-9800
Listing Snapshot
Days Online
20
Last Updated
Full Baths
2
Partial Baths
1
Square Ft.
2,702
Lot Size
0.15 Acres
Year Built
1920
MLS Number
1642252
Additional Details
Basement
Basement: "Brick/Mortar", "Exterior Only", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 2,702, Construction Materials: "Shingle Siding", "Aluminum Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1920, 2 stories, 2 total stories
Cooling
Cooling Included, Cooling: "Window Unit(s)", "Heat Pump"
Expenses
Operating Expense: $18,675
Exterior Features
Patio And Porch Features: "Deck", "Glass Enclosed", Patio And Porch Features: "Deck", "Glass Enclosed"
Floors
Flooring: "Wood", "Laminate"
Heating
Heating: "Heat Pump", "Baseboard", Heating Included
Income
Gross Income: $77,400
Interior Features
Features: "1st Floor Bedroom", "Attic", "Bathtub", "One-Floor Living", "Shower"
Laundry
Features: "Laundry - 1st Floor", "Upper Level", "Main Level"
Lot
Features: "Corner Lot", "Near Golf Course", "Near Public Beach", "Near Turnpike/Interstate", "Near Town", "Neighborhood", 0.15 acres, Area: 0.15, 6,534 square feet
Parking
Features: "5 - 10 Spaces", "Paved"
Property
Parcel Number: OOBH-000311-000002-000010, Zoning: GB-2
Roof
Roof: "Flat", "Metal"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $5,307, Tax Lot: 10
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
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30 Days Snapshot Of 04064
$506k
-13%
(avg) sold price
29
+70%
homes sold
60
+42%
(avg) days on market
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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.