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About This Home

This 0-bedroom, 0-bathroom residential multi family at 107 Ocean Avenue in Old Orchard Beach, ME is listed for $699,999 ($318 per sqft). Built in 1880, the home offers 2,199 sqft of living space on a 0.09 acres lot.

Agent Description

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!

Key Features

  • Built in 1880
  • 0.09 acre lot

Property Details

3 full
1880

Monthly Cost Estimate

$3,744/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204

Estimates only. Actual payments may vary.

Location

107 Ocean Avenue

Old Orchard Beach, ME 04064

Features & Amenities

Interior Features

Shower

Property Details

Flooring

WoodTile

Construction

Vinyl Siding

Parking

On Street

Heating

Baseboard

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 107 Ocean Avenue is listed at $699,999 ($318/sqft). The estimated monthly payment is $3,033 based on 20% down at 6.5% interest.

Key features include: Built in 1880, 0.09 acre lot. Interior Features: Shower.

This property is listed by Mitchell Holman and can be reached at 2078312518 or Mitchell.A.Holman@gmail.com.

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MH

Mitchell Holman

Agent at Century 21 North East

(207) 831-2518

Listed by Century 21 North East · View on Broker Site

MLS# 1652589· Source: listhub· Updated today

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107 Ocean Avenue, Old Orchard Beach, ME 04064

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