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    Old Orchard Beach Multifamily Investment
    Updated: May 31, 2022
    Old Orchard Beach Multifamily Investment

    96 1st St, Old Orchard Beach, ME 04064

    Contact for pricing
    2,869 sqft
    Year‑round apartment building in a beachfront community (Old Orchard Beach).
    Potential for Air B&B income.
    Live in one unit and rent the others to offset mortgage costs.
    Tenants pay their own heat, electricity, cable/internet.
    Good parking for tenants.
    View details
    See what stands out in York County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Old Orchard Beach, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    16-Unit Apartment Property with Heat Pumps
    16-Unit Apartment Property with Heat Pumps

    90 Broadturn Road, Scarborough, ME 04074

    $2,999,999
    11,478 sqft 9.00 AC lot

    The property offers a predominantly two-bedroom mix, dedicated parking, and on-site laundry.

    View details
    Renovated 16-Unit Apartment Complex
    Renovated 16-Unit Apartment Complex

    90 Broadturn Road, Scarborough, ME 04074

    $2,999,999
    11,478 sqft 9.00 AC lot

    Four buildings contain fully occupied apartments with dedicated parking, heat pumps, and coin-operated laundry.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    11 King Street, Biddeford, ME 04005

    $894,900
    3,853 sqft 0.09 AC lot

    Wood-frame property with off-street parking and public utilities.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    11 King Street, Biddeford, ME 04005

    $894,900
    3,853 sqft

    Fully leased multifamily property with updates completed over the last several years near downtown amenities.

    View details

    Off-Market Properties in Old Orchard Beach, ME

    Consider similar Off-Market properties in Old Orchard Beach, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    105 Union Ave
    Multifamily properties

    105 Union Ave, Old Orchard Beach, ME 04064

    Value Estimation by Request
    6,152 sqft 0.26 AC lot
    View details

    Old Orchard Beach, ME Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Old Orchard Beach, ME on our real estate platform. These investment opportunities span a total of 2,869 square feet of properties for sale.

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    Demographics Overview

    Population 8,585
    Population Growth (5Y) +3.1%
    Median Household Income $66,689
    College Educated 55.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $16.05 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in York County

    New Delisted

    Total CRE Inventory on Market (SF)

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