107 Ocean Avenue, Old Orchard Beach, ME 04064

Old Orchard Beach
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
107 Ocean Avenue,Old Orchard Beach, ME 04064
$599,999
  • - Beds
  • 3 Baths
  • 2,199 sq. ft.
  • Multi-family
  • Active
Office: century 21 north east
MLS#:1652589
Source:ME_MREIS

Price summary

  • Price:$599,999
  • Price per sq. ft.:$272.85

About this home

Searching for a turnkey multi-unit, the major work has already been done AND short distance to the beach? Then welcome to 107 Ocean Ave in Old Orchard Beach, offering a cap rate of 9.1! 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...

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Home facts

  • Year built:1880
  • Listing ID #:1652589
  • Updated:October 09, 2026 at 10:46 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Luxury Vinyl, Tile, Wood
  • Bathrooms Description:Shower
  • Basement Description:Bulkhead, Interior Entry, Partial, Unfinished
  • Living area:2,199 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Gas Bottled, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1880
  • Building area:2,199 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Intown, Level, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Open Lot
  • Architectural Style:New Englander
  • Construction Materials:Vinyl Siding
  • Exterior Features:Glassed-in Porch
  • Foundation Description:Poured Concrete
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,999
  • Price per sq. ft.:$272.85
  • Tax amount:$4,116 (2024)

Parking

  • Parking description:5 - 10 Spaces, Gravel, On Site, On Street
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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