113-115 Saco Avenue, Old Orchard Beach, ME 04064
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
113-115 Saco Avenue,Old Orchard Beach, ME 04064
$725,000
- - Beds
- 3 Baths
- 2,702 sq. ft.
- Multi-family
- Active
Listed by: gabriel capoferri
Office: keller williams realty
MLS#:1642252
Source:ME_MREIS
Price summary
- Price:$725,000
- Price per sq. ft.:$268.32
About this home
MOTIVATED SELLER! Discover an exceptional investment opportunity just minutes from one of Maine's most popular beaches! 113-115 Saco Avenue features a beautifully maintained two-unit residential building plus a detached commercial space, ideally situated in the vibrant coastal community of Old Orchard Beach.
Main Building (Two Units)
Unit 1 (First Floor): 3-bedroom, 1-bath apartment renovated in 2017, featuring updated kitchen and bath, modern finishes, and a bright, open layout--perfect for year-round living or seasonal rental income.
Unit 2 (Second Floor): Comfortable 2-bedroom, 1-bath apartment offering great natural light, functional layout, and excellent rental potential.
Detached Commercial Building: A stand-alone commercial space currently home to a beloved local restaurant--an established business that brings steady foot traffic and neighborhood charm. Updates to the commercial space include new heat pumps, roof, and electrical panel.
Highlights:
Three total units: Two residential apartments + one commercial space.
Flexible income property--live in one unit, rent the others, or maintain as an investment.
Prime location along Saco Avenue--minutes to the beach, pier, dining, shops, and Route 1 access
Ample parking for tenants, guests, and patrons
Strong rental history and long-term tenant in the commercial space....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:1642252
- Updated:April 03, 2026 at 03:33 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Laminate, Wood
- Bathrooms Description:Bathtub, Shower
- Bedroom Description:1st Floor Bedroom
- Basement Description:Brick/Mortar, Exterior Only, Unfinished
- Living area:2,702 sq. ft.
Heating and cooling
- Heating:Baseboard, Heat Pump
Structure and exterior
- Year built:1920
- Building area:2,702 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Corner Lot, Near Golf Course, Near Public Beach, Near Town, Near Turnpike/Interstate, Neighborhood
- Construction Materials:Aluminum Siding, Shingle Siding, Wood Frame
- Exterior Features:Deck, Glass Enclosed
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$268.32
- Tax amount:$5,307 (2024)
Features and amenities
- Laundry features:Laundry - 1st Floor, Main Level, Upper Level
- Amenities:One-Floor Living
Parking
- Parking description:5 - 10 Spaces, Paved
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