8 Old Orchard RoadOld Orchard Beach, ME 04064MLS Number 1596904

Price: $839,000
Est. Mortgage of $/month
57 Days on Market

You don't see property like this every day. It is a pleasure to offer this 4- unit where the owner has updated 4 kitchens, 3.5 baths, installed 5 heat pumps for heat and AC, all powered by the brand-new solar panels on the brand-new roof!! Electricity expected to run $21.55/ unit / month. Gross revenue is $81,600 +/- (estimated for owner's unit) and expenses including property taxes and vacancy are $12,913+/-. Today this building has an 8.2 cap rate and that is before you consider renting the 3- bay garage or expanding the Air BnB possibilities. New electrical panels, Buderus boiler and a basement you can actually use make this a great property to own long-term. Located 5 minutes from the beach, the Pier, Ocean Park, Bidd-Saco Country Club, and Funtown, there are all kinds of opportunities to either live and have fun or make this a great investment, or both. Showing Thursday 4-6 and Saturday 1-3pm.

More Info

Basic Information

Documents Available Property Disclosure Public Access, Lead Paint Addendum Public Access, Deed Public Access
Gross Income $81,600

Basic Information

Agent ID002432
Broker ID2742
Broker NameEXP Realty
List Price$839,000
LocationTypeNear Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Near Turnpike/Interstate
MLS Number1596904
Modification Date07/22/2024
Property TypeResidential Income
Virtual TourView Tour

Interior

Flooring Tile, Laminate, Carpet
Interior Features Furniture Included, Other

Utilities

Building Info Num Water Heaters 1
Electric Circuit Breakers
Heat SystemHeat Pump
Heating FuelElectric, Solar
Heating YN Yes
Laundry Features Washer Hookup
Sewer Public Sewer
Utilities Utilities On
Water HeaterOil
Water Source Public

Photos

Number of Photos60

Tax Information

Tax Book Number 17871
Tax Lot2
Tax Map Number 212
Tax Year 2024
Taxes$5,773

Location

Address8 Old Orchard Road
Building Number8
CountyYork
DrivewayPaved
Latitude43.506444
Longitude-70.41053
StateME
StreetOld Orchard Road
TownOld Orchard Beach
Zip04064

Property

Lot Size SourcePublic Records
Road FrontagePaved, Public
Vehicle StorageDirect Entry to Living

Exterior

Exterior Vinyl Siding
RoofShingle

Property Information

Acreage0.41
Lot Features
- Landscaped
- Level
- Near Golf Course
- Near Public Beach
- Near Shopping
- Near Town
- Near Turnpike/Interstate
- Open Lot
Lot Size Square Feet 17,859
Lot Size Units Acres
Patio And Porch Features Porch
Site Level, Open, Well Landscaped
Square Feet2,215

Parking

Parking Features 5 - 10 Spaces, Paved, On Site, Inside Entrance, Off Street

Rooms

Bathroom6
Full Bath4
Half Baths2

Building

Above Grade Finished Area 2,215
Attached Garage YN Yes
BasementFull, Interior Entry, Unfinished
Building ConstructionVinyl Siding, Wood Frame
Building Info Num Floors 2
Building Info Num Heating Units 5
Building Info Num Stories 2
FoundationConcrete Perimeter
GarageYes
Garage Spaces3
Property StyleCape
Stories2
Units4
Units Numof 1 Bd Units 4
Year Built1965

Amenities

AmenitiesFurniture Included, Laundry - Hookup, Other Amenities
Cooling Heat Pump
Cooling YN Yes
Mls StatusPending
Other AmenitiesBasement, Beachfront, Fireplace

Legal

ZoningGB-1

Other

Date Listed07/15/2024
Recreational Water Nearby, Public
View Count7

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.

Name

Your Email Address

Phone

Your Questions & Comments I would like to know more about 8 Old Orchard Road Old Orchard Beach ME 04064

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Date

Time

Your Questions & Comments I would like to schedule a viewing for (ID # 1596904)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Recipient's Name

Recipient's Email

Your Questions & Comments I found a listing on "All Maine Homes" which you may be interested in:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the deed for 8 Old Orchard Road Old Orchard Beach ME 04064 (ID#:1596904)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 8 Old Orchard Road Old Orchard Beach ME 04064 (ID#:1596904)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 8 Old Orchard Road Old Orchard Beach ME 04064 (ID#:1596904)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Contact:

SEARCH PROPERTIES

8 Old Orchard RoadOld Orchard Beach, ME 04064MLS Number 1596904

$/month over payments

Share

Driving Directions

Your Local Office

Ask A Question

More Info

Basic Information

Basic Information

Interior

Utilities

Photos

Tax Information

Location

Property

Exterior

Property Information

Parking

Rooms

Building

Amenities

Legal

Other

Popular Searches

SEARCH WITH EASE

Your Account: