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96 1St St Old Orchard Beach, ME 04064

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For Sale
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Multifamily property near the beach with year-round rental potential.

Property size:
2,869 SF
Lot size:
0.11 Acres

Property Features for 96 1St St

General Information

Standard status
Active
Zoning
R-2
Size
2,869 SF
Lot size
0.11 Acres

Building Details

Year built
1925

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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

Old Orchard Beach Multifamily Investment

This multifamily investment property is located in Old Orchard Beach and features a mix of one and two-bedroom apartments suitable for year-round occupancy. The property includes five apartments and a property management office. Tenant parking is available. Tenants are responsible for their own heat, electricity, cable, and internet. Refrigerators and electric stoves are provided. The property presents opportunities for year-round rentals or potential as an Airbnb. Its location is three blocks from the beach, accessible via First Street to Atlantic Avenue. The property size is 2869 square feet. Financing options are available for qualified buyers. The property could also be suitable for an owner-occupant looking to live in one unit and rent out the others.
Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

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

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
-70.3807531
Latitude
43.509834

FAQs

What type of property is this?
Apartment building - Multifamily property near the beach with year-round rental potential.
Where is this apartment building located?
The property is located at 96 1St St Old Orchard Beach, ME.
What are key features of this property?
This property features: - 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.
More about this property
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