165 East Grand Avenue Unit 5-6

Old Orchard Beach, ME 04064
Beds
2
Baths
2
Square Ft.
812
$429,900
Motivated Seller! Just 100 steps to the beach, wake up to the sound of the waves and enjoy ocean breezes right outside your door. This free-standing cottage offers a rare opportunity to create value in one of Old Orchard Beach's most desirable locations. Currently configured as a 2-bedroom, 2-bath home, the property is perfectly suited for multiple strategies. Convert it back into two separate 1-bedroom, 1-bath units for strong rental income, live in one unit while renting the other, or take advantage of the lot and build new to maximize its full potential. Inside, you'll find charming wood floors and classic paneling that add character, while the layout provides flexibility for future improvements. With weekly summer rentals permitted, this property is ideal for investors, second-home buyers, or anyone looking to create their own coastal retreat with upside. Opportunities this close to the beach - with this level of versatility - are hard to find.
Market LogoCourtesy of Portside Real Estate Group 207-619-7571
Listing Snapshot
Days Online
0
Last Updated
Property Type
Condominium
Beds
2
Full Baths
2
Square Ft.
812
Lot Size
0.26 Acres
Year Built
1939
MLS Number
1656214
Additional Details
Home Owner's Association
Home Owners Association, Association Fee: $177, Association Fee Frequency: Monthly
Property Access
Road Surface Type: "Paved"
Appliances & Equipment
Appliances: "Refrigerator", "Gas Range"
Basement
Basement: "None", "Not Applicable"
Building
Architectural Style: "Cottage", Building Area Source: Public Records, Building Area Total: 812, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Buildings: 1, Year Built: 1939
Cooling
Cooling: "None"
Floors
Flooring: "Wood", "Vinyl"
Water Features
Water Body Name: Atlantic Ocean
Heating
Heating: "No Heat System", Heating Included
Interior Features
Features: "1st Floor Bedroom", "Primary Bedroom w/Bath"
Laundry
Features: "Laundry - 1st Floor", "Main Level"
Lot
Features: "Corner Lot", "Level", "Intown", "Near Public Beach", "Near Shopping", "Near Town", "Near Public Transit", "Near Railroad", 0.26 acres, Area: 0.26, 11,326 square feet
Parking
Features: "Reserved Parking", "1 - 4 Spaces", "Other", "On Site", "Off Street"
Pets Policy
Pets Allowed: "Other Restrictions"
Property
Parcel Number: 165EGrandAvenue5and6OldOrchardBeach04064, Property Sub Type: Condominium, View: "Scenic", Zoning: BRD
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,265, Tax Lot: 7
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
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30 Days Snapshot Of 04064
$448k
0%
(avg) sold price
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+72%
homes sold
32
-40%
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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.