New ListingUltimate Beachside Investment! Turnkey Multi-Unit steps from the sand, this location is the one thing you can't change in real estate and this one has it all! Situated in top-rated Old Orchard Beach, this beautifully cared-for 3-unit property offers the ultimate blend of coastal lifestyle and outstanding financial performance. Guests will love being within walking distance of the ocean, lively local restaurants, shops, and the pier. Investors will love the exceptional return-boasting an established NOI of over $95k with flexible short-term and long-term rental options. Keep the units separate or open them up into one spacious, private sanctuary perfect for multi-family vacationers. Fully turnkey with negotiable furnishings, this property is ready to generate income from Day 1. Showings limited to Open Houses, scheduled for Saturday(10/3) from 12pm-2:00 and Wednesday(10/7) from 4pm-6:00.
| MLS # | 1682725 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 1 |
| Listing Provided By | Keller Williams Realty | Richard Dow |
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 1,747 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | BRD |
| Acreage | 0.04 |
| Golf Course | Yes |
| Water Front | Atlantic Ocean |
| Interior Features | 1st Floor Bedroom, Shower |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Cooling | None |
| Amenities Co Amenities | 1st Floor Bedroom, Shower |
| Roof | Shingle |
|---|---|
| Foundation Details | Poured Concrete |
| Lot Features | Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad, Corner Lot, Open Lot, Sidewalks |
| Waterfront Features | Nearby, Oceanfront, Public |
| Construction Materials | Wood Frame, Vinyl Siding |
| Patio And Porch Features | Porch-Screened |
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | No |
| Parking Features | Paved, 1 - 4 Spaces, Off Street, Carport |
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
| Tax Annual Amount | 8343 |
|---|---|
| Tax Book Number | 19342 |
| Tax Year | 2025 |
| Tax Block | 3 |
| Tax Lot | 6 |
| Tax Map Number | 304 |
| State | ME |
|---|---|
| County | York |
| City | Old Orchard Beach |
| Zip Code | 04064 |
| Area | York |
| Listing VS Median (in 04064) | |
Price: $1,250,000 low | high Med: $575,000 sqft: 1,747 low | high Med: 2,023 $ / sqft: $716 low | high Med: $295 On site: 1 low | high Med: 209 | |
| State | ME |
|---|---|
| County | York |
| City | Old Orchard Beach |
| Zip Code | 04064 |
| Area | York |
| Listing VS Median (in 04064) | |
Price: $1,250,000 low | high Med: $575,000 sqft: 1,747 low | high Med: 2,023 $ / sqft: $716 low | high Med: $295 On site: 1 low | high Med: 209 | |