107 Ocean Avenue

Old Orchard Beach, ME 04064
Baths
3
Square Ft.
2,199
$699,999
Looking for a turnkey multi-unit, the major work has already been done AND walking distance to the beach? Then welcome to 107 Ocean Ave in Old Orchard Beach! 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!
Market LogoCourtesy of Century 21 North East 207-856-6124
Listing Snapshot
Days Online
5
Last Updated
Full Baths
3
Square Ft.
2,199
Lot Size
0.09 Acres
Year Built
1880
MLS Number
1652589
Additional Details
Basement
Basement: "Interior", "Bulkhead", "Partial", "Unfinished"
Building
Architectural Style: "New Englander", Building Area Total: 2,199, Construction Materials: "Vinyl Siding", "Other", Number Of Units Total: 3, Year Built: 1880
Cooling
Cooling: "None"
Expenses
Operating Expense: $24,500
Exterior Features
Other Equipment: "Internet Access Available", "Cable", Patio And Porch Features: "Glass Enclosed", Patio And Porch Features: "Glass Enclosed"
Floors
Flooring: "Wood", "Tile"
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Baseboard", Heating Included
Income
Gross Income: $69,000
Interior Features
Features: "Shower"
Lot
Features: "Open", "Level", "Intown", "Near Public Beach", "Near Shopping", "Near Turnpike/Interstate", "Neighborhood", 0.09 acres, Area: 0.09, 3,920 square feet
Parking
Features: "5 - 10 Spaces", "Gravel", "On Site", "On Street"
Pets Policy
Pets Allowed: "No Restrictions"
Property
Other Structures: "Shed(s)", Parcel Number: OOBH-000314-000011-000008, Zoning: R2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,116, Tax Lot: 8
Utilities
Electric: "On Site", "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
$0
30 Days Snapshot Of 04064
$448k
-18%
(avg) sold price
11
+120%
homes sold
54
+42%
(avg) days on market
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Fred Andrews
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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.