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    105 Union Ave Old Orchard Beach, ME 04064

    For Sale
    $1,190,000

    MULTI_FAMILY - Shingle, Colonial - Old Orchard Beach, ME

    Property size:
    4,016 SF
    Lot size:
    0.25 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 105 Union Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bathroom 3, Basement, Bathroom 1, Bathroom 2, Bathroom 4
    Patio and Porch features
    Porch
    Interior features
    1st Floor Bedroom, One-Floor Living, Pantry
    Basement
    Full, Sump Pump, Unfinished
    Size
    4,016 SF
    Lot size
    0.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Hot Water(Heating), Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl, Laminate, Wood
    Building materials
    Wood Siding, Vinyl Siding, Shingle Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Shingle, Colonial

    EXP REALTY LLC (856) 207-1951 [email protected]

    Listing agent Donald Pilon (888) 439-8743

    Listing date Nov 14, 2025

    MLS# 1622220 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Apartment Building Near Beach

    This is a four-unit, year-round apartment building situated near the beach. The property, zoned R2, offers multiple opportunities, including short-term rentals during the summer and longer-term rentals to graduate students and visiting nurses during the academic year. Alternatively, all units can be rented year-round, or a combination of short-term and long-term rentals can be implemented. Another option is to reside in one unit while renting out the remaining three. The building has 4016 square feet of living space and is located on a 0.25-acre lot with frontage on Union Avenue and Ocean Avenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Old Orchard Beach
    County
    York
    State
    Maine
    Longitude
    -70.387914
    Latitude
    43.511564

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    FAQs

    What type of property is this?
    Quadplex - Year-round apartment building with multiple rental opportunities near the beach.
    Where is this quadplex located?
    The property is located at 105 Union Ave Old Orchard Beach, ME.
    What is the asking price?
    The asking price for this property is $1,190,000.
    What are key features of this property?
    This property features: - Four-unit apartment building offering multiple income opportunities.; - Large lot with frontage on two streets, Union Ave. and Ocean Ave.; - Located near the beach.
    (888) 439-8743
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    Old Orchard Beach, ME 04064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Union Ave Old Orchard Beach, ME 04064
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