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105 Union Ave Old Orchard Beach, ME 04064

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For Sale
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Four apartments near the beach, potential for various rental strategies.

Property size:
4,016 SF
Lot size:
0.26 Acres

Property Features for 105 Union Ave

General Information

Standard status
Active
Zoning
R-2
Size
4,016 SF
Lot size
0.26 Acres

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Listing Contact
Don Pilon
Source: Crexi

Listing Agency: Exp Realty Listing Agent: Don Pilon

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

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Overview

Four-Unit Multifamily Near Beach

This year-round, four-unit apartment building is located in Old Orchard Beach, Maine, within walking distance of the town's five-mile sandy beach and local amusements. The property features two buildings. One building fronts Union Avenue and contains one two-bedroom unit and one three-bedroom unit, both of which are currently rented. The rear building fronts Ocean Avenue and also contains one two-bedroom apartment and one three-bedroom apartment, both currently rented. The property offers multiple rental scenarios, including renting the units from September through May and then using them as Airbnb rentals during the summer, renting them for twelve months a year, or occupying one unit while renting out the other three. The building size is 4,016 square feet.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

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City
Old Orchard Beach
County
York
State
Maine
Longitude
-70.3878019
Latitude
43.511599

FAQs

What type of property is this?
Quadplex - Four apartments near the beach, potential for various rental strategies.
Where is this quadplex located?
The property is located at 105 Union Ave Old Orchard Beach, ME.
What are key features of this property?
This property features: - Steps away from Old Orchard Beach, a 5-mile sandy beach, and local amusements.; - Year-round 4-unit apartment building.; - Features a mix of unit sizes: two 2-bedroom units and two 3-bedroom units.
More about this property
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