Renovated 2BR Cottage with
For Sale
$535,000
165 Grand Avenue, Old Orchard Beach, ME 04064
Recently renovated 2 bed, 2 bath free-standing cottage with an office, new finishes, and active short-term rental license.
Property Size812 SF
Price / SF$658.87
Days on Market22
Property Features for 165 Grand Avenue
General Information
Standard status
Active
Size
812 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$4,265
Amenities
Heat Pump
3
0.26
Ocean
Ocean.
Building Details
Year Built
1937
Listing Agency:
(207) 615-6787
Listed By:
Maine Real Estate Experts
(207) 615-6787
Source:
Xome
Added: Jul 22
Changed: Aug 8
Last Checked: Aug 11 at 5:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maine Real Estate Experts
Investment Insights
Based on property information with market context.
Cottage #6 is a recently renovated, free-standing L-shaped cottage originally formed by combining two condos into one. The layout includes two bedrooms and two full bathrooms, plus a bonus room/office. Updates include fresh paint throughout, refinished wall surfaces, new LVP flooring, new shiplap ceiling in the living room, a brand-new mini-split with cooling, and a new hot water heater. The kitchen features updated finishes including wainscoting and a new white quartz countertop, with blown-in insulation added. An owners’ washer/dryer room is available, and the stainless steel refrigerator remains in place.
The cottage has a private deck off the master bedroom suite, along with a manicured lawn and a partial ocean view. It is situated on the ocean side of East Grand and the beach is described as steps away at the top of the street. The property includes two parking spots running alongside the cottage.
Cottage #6 is part of a non-restrictive association with a stated monthly fee of $167. The remarks indicate the cottage has an active short-term rental license approved by the town, and owners may further improve the cottage within the building envelope. No pet restrictions for owners are noted in the association information provided.
The cottage has a private deck off the master bedroom suite, along with a manicured lawn and a partial ocean view. It is situated on the ocean side of East Grand and the beach is described as steps away at the top of the street. The property includes two parking spots running alongside the cottage.
Cottage #6 is part of a non-restrictive association with a stated monthly fee of $167. The remarks indicate the cottage has an active short-term rental license approved by the town, and owners may further improve the cottage within the building envelope. No pet restrictions for owners are noted in the association information provided.
Key Highlights
- Recently renovated 2 bed, 2 full bath free‑standing cottage with an office and bonus room
- Active short‑term rental license approved by the town
- New mini split for cooling, plus heat pump cooling; new hot water heater
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 04064, ME
8,452
Population
6,783
Households
1.2
Avg Household Size
53
Median Age
40%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
1,261
Density / Sq Mi
$66,689
Median Household Income
$42,532
Median Earnings
$1,142
Median Rent
$312,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Recently renovated 2 bed, 2 bath free-standing cottage with an office, new finishes, and active short-term rental license.
Where is this short term rental property located?
The property is located at 165 Grand Avenue Old Orchard Beach, ME.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Recently renovated 2 bed, 2 full bath free‑standing cottage with an office and bonus room; Active short‑term rental license approved by the town; New mini split for cooling, plus heat pump cooling; new hot water heater
