Multi-Family for Sale: 75 E Grand Avenue, Old Orchard Beach, ME 04064 SOLD

3 full baths
$1,050,000
$1,050,000
75 E Grand Avenue, Old Orchard Beach, ME 04064 SOLD
3 full baths
$1,050,000
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Selling Price: $1,050,000
Original List Price: $1,100,000
Sold at 95.5% of list price
Sold Date: 11/06/2023

Type Multi-Family
Style Contemporary
Total Baths 3 full baths
Square Feet 1,776 sqft
Lot Size 0.04 acres
Year Built 1940
Taxes Paid $7,193

City Old Orchard Beach
County York

MLS 1572036
Status Closed
Old Orchard Beach, considered one the top investment locations in Maine! This well cared for 3 unit, just steps from the sands of the Atlantic, offers creative and lucrative short term and long term rental options - with a layout that lends itself to 3 separate units or combine to make one large property offering privacy and space ideal for multi family parties. With an NOI of over $90k, there are few investments yielding this return in our current market. Guests and tenants alike are drawn to a main feature of this property, the one thing you can't change in real estate - location! Easily accessible to restaurants, shops, the pier, and miles of sandy beach. With all furnishings negotiable and a local property management team with proven success in some of the highest grossing rental properties in Maine available to you, this is truly a turn key investment.

Room Features

Basement Description Bulkhead, Walk-Out Access, Unfinished, Interior Entry, Full, Exterior Entry

Lot & Building Features

Cooling None
Tax Year 2024
Taxes Paid $7,193

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 3
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4
Unit 3 Full Baths 1
Unit 3 of Bedrooms 2
Unit 3 of Rooms 4

Price History of 75 E Grand Avenue, Old Orchard Beach, ME

Date Name Price Difference
09/14/2023 Listing Price $1,050,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 75 E Grand Avenue, Old Orchard Beach, ME

Location Map Street View
Photo of Lynn Cullity, ABR, SRS
Direct: 603-860-2596
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Benchmark Real Estate, Amber Purty 207-775-0248
Sold by Keller Williams Realty, Richard Dow 207-879-9800
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20%
0.68504761904762%
6.75%
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Benchmark Real Estate

Listing data is derived in whole or in part from the Maine IDX and 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. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.