27-33 Odessa AvenueOld Orchard Beach, ME 04064MLS Number 1595445

  • Price: $1,600,000
  • Est. Mortgage of $/month
  • 64 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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27-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 0406427-33 Odessa Avenue Old Orchard Beach ME 04064
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  • 8Bathrooms
  • 0.58Acreage
  • 5,184Square Feet
This active beach-front community investment has four (4) two-unit multi-family rentals on an oversized lot. Each building has 2 beds / 1 bath and parking. The .58 acre parcel creates even more potential for expansion. There are several obvious value-add opportunities here: increased long term rentals, seasonal short term rentals, or even a conversion into 8 individual condos. This unique package is available for the first time in 50 years. This property can be purchased in conjunction with 28 Reggio Ave, a single level rental on a lot that squares off the Odessa lot.
Listed by Vitalius Real Estate Group,LLC

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Basic Information

  • Documents Available Property Disclosure Public Access, Lead Paint Addendum Member Only
  • Gross Income $65,070

Basic Information

  • Agent ID009631,009700
  • Broker ID2698
  • Broker NameVitalius Real Estate Group, LLC
  • List Price$1,600,000
  • LocationTypeNear Town, Near Turnpike/Interstate
  • MLS Number1595445
  • Modification Date09/09/2024
  • Property TypeResidential Income

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public

Property Information

  • Acreage0.58
  • Lot Features Level, Open Lot, Near Turnpike/Interstate, Near Town
  • Lot Size Square Feet 25,264
  • Lot Size Units Acres
  • Site Level, Open
  • Square Feet5,184

Tax Information

  • Tax Book Number 14459
  • Tax Lot2
  • Tax Map Number 315
  • Tax Year 2023
  • Taxes$10,690

Building

  • Above Grade Finished Area 5,184
  • BasementFull, Exterior Only, Unfinished
  • Building ConstructionShingle Siding, Wood Frame
  • Property StyleDuplex, Ranch
  • Units8
  • Units Numof 2 Bd Units 8
  • Year Built1960

Interior

  • Flooring Wood, Vinyl, Tile

Utilities

  • Electric Circuit Breakers
  • Heat SystemHot Water, Baseboard
  • Heating FuelOil
  • Heating YN Yes
  • Sewer Public Sewer
  • Utilities Utilities On
  • Water HeaterOff Heating System
  • Water Source Private

Parking

  • Parking Features 5 - 10 Spaces, Other, Off Street

Rooms

  • Bathroom8
  • Full Bath8

Location

  • Address27-33 Odessa Avenue
  • Building Number27-33
  • CountyYork
  • DrivewayOther
  • Latitude43.506658
  • Longitude-70.38337
  • StateME
  • StreetOdessa Avenue
  • TownOld Orchard Beach
  • Zip04064

Exterior

  • Exterior Shingle Siding
  • RoofShingle

Amenities

  • Mls StatusPending
  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningR-3

Photos

  • Number of Photos23

Other

  • Date Listed07/08/2024
  • Recreational Water Nearby, Public
  • View Count9

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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